The US$265 million offshore container terminal at the Mumbai port is expected to be delayed at least by two years, the Hindu Business Line reported.
Hanjin Shipping, South Korea's largest shipper, will operate two additional terminal facilities at the Taiwanese port of Kaohsiung starting in May.
While many terminals struggled for volume and market share during 2009, the Suez Canal Container Terminal (SCCT) increased its market share as a Mediterranean transhipment hub with terminal volume growth of 11 percent to a record 2.7 million TEUs.
First Quantum Group plans to increase its stake in Russia's largest container terminal operator, National Container Company, from 50% to100%.
Spot rates on the Asia-Europe container trade are expected to touch US$2,000 per teu in two months time, according to Danske Bank's container rate index.
APM Terminals will leave Kaohsiung Terminal in Taiwan after agreeing to transfer the two piers it operates there to Hanjin Pacific.
The European Commission has given its approval to a €30m (US$42m) package of public aid from France and Spain to finance a new 'Motorway of the Sea' (MoS) service between Nantes Saint-Nazaire and Gijon that is set to be launched this spring.
US carrier Seaboard Marine resumed vessel calls to Haiti yesterday when the ro-ro vessel Seaboard Sun docked at Lafiteau, 10 miles from Port-au-Prince, which was struck by a massive earthquake on 12 January.
Global container shipping firms are lobbying with the government for exempting voluntary discussion and vessel-sharing agreements between carriers from India's anti-competition law, the Bharat Observer reported.
With private players deliberating on investing in infrastructure projects in the aftermath of the global slowdown, nearly half of the projects for capacity expansion at Indian ports, scheduled for awarding this year, are likely to spill over into the coming financial year (2010-11), the Business Standard reported.
Europe's busiest ferry port, Dover, has taken a step closer to privatisation by submitting an application to the secretary of state for transport to restructure the organisation.
Italian ro-ro and shortsea operator Grimaldi Lines is increasing the frequency of its three times per week Catania-Genoa service to four times per week.
Commissioning of the ambitious project of international container transhipment terminal at Vallarpadam, Kochi will be delayed at least by three months, the Pioneer reported.
Members of the CKYH Alliance will start slow steaming on more of their combined Asia-Europe services this week.
Over the final month and a half of last year, APL saw its volumes increase by over 40% year-on-year, although its revenues per container remained down on 2009.
Georgia Ports Authority (GPA) second quarter of FY2010 (October ¨C December 2009) has yielded a 3.6 percent increase in total TEUs, compared with the same quarter in the previous year.
FPS Indonesia, a member of the international forwarding and logistics network - Famous Pacific Shipping (FPS Group) - has opened a new branch office at Tangerang to consolidate the forwarder's growing business in Indonesia.
The Port of Prince Rupert has sailed safely through the receding global economic storm, recording its highest throughput since 1997, with 12,173,672 tonnes of cargo in 2009, up 15 percent over 2008 volumes.
Port operator Tianjin Port Development Holdings said the Chinese government has approved its plan to buy 56.81 percent of Shanghai-listed Tianjin Port Holdings in a cash-and-stock deal valued at US$1.4 billion, Dow Jones reported.
Fighting to head off a looming ban on night flights at its Frankfurt hub, Lufthansa will challenge a German court ruling that blocked an earlier appeal by the airline, Reuters repoted.