Chinese operators reaching out

News

With China’s main container terminal operators keen to establish a strong global presence, it would not be a surprise for one of them to b...

HPH sells Hong Kong stake

News
Hutchison Port Holdings Trust (HPHT) has sold 60% of its interest in Asia Container Terminals (ACT) Holdings Ltd little more than a year aft...

NYK buys into KMCT

News
NYK Line and Nippon Container Terminals Co, another NYK Group subsidiary, are buying a 12.5% stake in Yang Ming’s Kao Ming Container Termi...

PSA into Lianyungang

News
PSA International has signed an agreement to acquire the stake in Lianyungang New Oriental Container Terminal (LNOCT) currently held by Chin...

CSTD’s Lianyungang stake up for grabs

News
China Shipping Container Lines (CSCL) subsidiary China Shipping Terminal Development (CSTD) is looking to sell its 55% share in Lianyungang ...

The CMHI mission

News
China-based terminal operating companies have stepped up their overseas investment strategies this year, partly to compensate for more slugg...

Chinese companies buy into Kaohsiung

News
Cosco Pacific, China Merchants Holdings International (CMHI) and China Shipping Terminal Development (CSTD) will pay US$135M to take a 30% s...

CSCL in move to buy CSTD

News
China Shipping Container Lines (CSCL) is to buy terminal operator China Shipping Terminal Development Co (CSTD) from its parent company Chin...

CSCL eyes terminal assets

News
China Shipping Container Lines (CSCL) has entered into preliminary discussions with its parent company, China Shipping (Group) Co, concernin...

DIPCO secures loan

News
Damietta International Port Company (DIPCO) has secured a US$480M loan from Bahrain’s Ahli United Bank (AUB) and Arab Banking Corporation ...

Shanghai heads for top spot

News
After recording a 20% growth in container throughput in 2006, Shanghai is on course to overtake Hong Kong this year and Singapore in 2008 to...

China Shipping eyes Malaysian stakes

News
In a major expansion drive overseas, China Shipping Terminal Development (CSTD) is holding talks to take an equity stake in Malaysia’s Por...