According to a Jan. 14 report from The Wall Street Journal, India aims to invest $100b by 2020 to build new ports and develop its shipping industry in a bid to boost trade, Shipping Minister G.K. Vasan said.
(Source: The Wall Street Journal)
Matson Navigation Company, Inc., a subsidiary of container shipper Matson, Inc., has signed a contract with U.S. shipbuilder General Dynamics NASSCO to build two
China COSCO Holdings Co Ltd fell to a first-half loss hurt by a persistent slump in the global container market, the world's fourth largest container shipper said on Thursday.
Huisman has secured new crane contracts with a total value of around 300 million Euro from various major offshore, shipping and wind farm installation contractors: