Ports News
Three leading Chinese shipping firms to invest in Taiwan port
Three shipping heavyweights from the Chinese mainland have agreed to invest USD135 million in a key port in Taiwan, a senior official says.
Chinese buy into Taiwan terminal
Chinese port operators agreed to buy a USD135 million stake in a Taiwanese container terminal, reports Bloomberg. The acquisition is the second-biggest mainland acquisition on the island as closer cross-strait ties spur trade volumes.
Snowstorm forces Turkish straits to close
A snowstorm that sharply reduced visibility in Turkey's Bosphorus Strait forced maritime authorities to shut the key shipping channel on Tuesday, shipping agent GAC said.
Indian Shipping Min to award 25 port projects
Shipping Ministry would award 25 port projects of about Rs 800 crore under the ‘Public Private Partnership’ (PPP) scheme during the current financial year.
