Indonesia's Koja Container Terminal is moving one step closer to more efficient operations with the development of a new electronic payment system for customs-related fees.
In a year that has seen a spate of containership cargo fires insurers have warned the fire-fighting systems on many vessels are decades out of date.
Malaysia-based offshore vessels builder Nam Cheong has entered into an agreement with Indonesia-based Bahtera Niaga Internasional (BNI) to jointly invest in a shipping firm in Indonesia.
Keppel has secured two contracts for conversions of two Floating Production Storage and Offloading (FPSO) with a combined worth of $190m, for SBM Offshore and M3nergy Offshore.
Philippine-based International Container Terminal Services, Inc. (ICTSI) and Singapore's PSA have signed an agreement to jointly develop, construct and operate Colombia's Aguadulce container port and its ancillary facilities.
London's Baltic Exchange has opened a new office in Shanghai, China on Tuesday, a move that would allow the exchange to gain greater access to global shipping markets.