Terminal capable of berthing 32,000‑TEU mega‑vessels passes completion acceptance

Recently, the first two berths of the Phase I project at the Yantian Port Area East Operation Zone container terminal successfully passed project completion acceptance after expert review.

Madagascar welcomes its first-ever ship-to-shore (STS) cranes

Recently, the container terminal at the Port of Toamasina in Madagascar took delivery of two ship-to-shore (STS) gantry cranes, marking the first batch of such equipment ever put into operation in the country's history. As Madagascar's primary import-export gateway, the Port of Toamasina handles an estimated 90% of the nation's container throughput. The terminal is operated by ICISI and previously relied solely on mobile harbour cranes.

Keppel Brings in Capital to Dispose of Existing Offshore Rig Assets

On July 27, Keppel Corporation announced that Apollo Global Management has finalised a $100 million capital commitment to a new fund wholly managed by Keppel. The fund is specifically established to hold up to 10 older offshore drilling rigs.

Two Japanese banks unite to build a $12.8 billion shipping finance leader

Two core regional maritime specialist banks in Japan have announced a merger, with the combined group’s total lending to the shipping and maritime sector set to exceed ¥2.1 trillion (approximately $12.8 billion).

MPCC Newbuilding Financing Project Closes, Long-Term Charters Secured with Hapag-Lloyd

KfW IPEX-Bank, as the mandated lead arranger, has committed a financing share of USD 100 million to lead the funding for a project involving ten newbuild container vessels for the German subsidiary of MPC Container Ships ASA (MPCC).

Shanghai Port sets a new record in single‑vessel vehicle carrier loading operations

According to a report by CCTV News on July 26, two Chinese-built mega car carriers—the Panamanian-flagged GLOVIS LEADER and the Maltese-flagged GLOVIS NOVA—simultaneously berthed at Shanghai Nangang Port to load domestically produced vehicles for export overseas. Among them, the newly delivered GLOVIS NOVA completed loading operations for 7,738 new energy vehicles, setting a new record for the largest single-voyage car-loading volume at a domestic port.

HMM to pursue aggressive expansion with $20 billion investment

Maritime Service Network CNSS has learned that HMM, South Korea's largest shipping company, plans to invest approximately $20 billion by 2030 to expand its container fleet and overseas terminal operations.