The Maritime & Port Authority of Singapore will be getting a new chief executive effective from the new year, when current CEO Andrew Tan leaves the MPA after having held the position for five years.
The Port of Gothenburg will get a new large terminal with an area of 220,000 square meters. The work is now underway, and the terminal is expected ready in 2025.
Operational disturbances and major labor strike costs at APM Terminals in Gothenburg are a thing of the past. But the terminal still has some way to go before it fulfills its ambitions, Managing Director Henrik Kristensen tells ShippingWatch.
Larger vessels and more cargo are among the challenges which can strain ports in the future. The OECD's International Transport Forum has issued four strategic recommendations for future container ports around the world.
Managing Director of the International Monetary Fund, Christine Lagarde, has sounded the alarm for the well-being of the global economy. International growth has plateaued, she says.
APM Terminals is showing interest in making acquisitions in Brazilian ports, reports Journal of Commerce.
The Norwegian government has agreed to settle a rights issue involving a co-financing of Kongsberg group's acquisition of Rolls-Royce Marine, however, parliamentary consent is pending.
There is enormous potential in data usage and information sharing in shipping, writes OECD's International Transport Forum, ITF, in a new report and lists five concrete recommendations. But the organization also points to several challenges that could prevent stakeholders from realizing this potential.
South Korea's two largest ports have so far seen a lower increase in throughput than expected, writes Yonhap. The trade war between China and the US has decreased growth, according to port authority.
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