German loan for LBCT

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Germany’s KfW IPEX-Bank has loaned Long Beach Container Terminal’s (LBCT) main shareholder, Orient Overseas Container Line, US$81M to fu...

New TOS thinking from Sweden

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Swedish software developer Hogia Systems has been awarded a contract to install terminal operating software at eight intermodal terminals ow...

Shipper groups slam OOCL seal charge

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Three shipper groups in south China are up in arms over plans by Orient Overseas Container Line (OOCL) to impose a new HK$25/Yuan25 (US$3.22...

No looking back for Shanghai

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Shanghai is on course to overtake Singapore as the world’s largest container port next year....

…DPW closer to US port asset sale

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DP World has started a second round of bidding for its US port assets with about six companies weeded out from among more than 100 potential...

OOCL and Cosco in new Ningbo deal

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Orient Overseas Container Line (OOCL) of Hong Kong has taken a 20% stake in a Yuan780M (US$97.5M) joint venture that will manage and operate...

Ningbo to build major new box terminal

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Ningbo Port Group (NPG), China’s fourth-largest port operator, plans to spend Yuan10B (US$1.23B) to build a 12-berth container terminal at...

New joint venture in Ningbo

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Ningbo Port Group (NPG) has set up a joint venture with Cosco Pacific, Orient Overseas Container Line (OOCL) and SDIC Communications to deve...

Nansha underused as ships stay away

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China’s new container port at Nansha on the west bank of the Pearl River has made a modest start by attracting domestic carriers China Shi...

New record for Ningbo

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China’s Ningbo port handled a record 4 mill TEU last year, up 44 per cent over the 2003 figure of 2.77 mill TEU, on the back of the Yangtz...

Shanghai to outline port stake strategy

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The Shanghai municipal government will soon reveal the extent of private participation in the four-berth Phase II of the new Yangshan deepwa...

OOCL cools Oakland terminal rumours

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Orient Overseas Container Line (OOCL) has denied speculation that it is negotiating to build a dedicated container terminal in the soon-to-b...