Asia

Any global shipping trends come home to roost in China, finds Stevie Knight.

Myanmar is moving ahead with plans for foreign investment in its port sector to upgrade jetties along the coast into international-standard ports.

Cargo processed at ports in South Korea was up 4.1% year-on-year in 2017, Yonhap News Agency said that data from the country’s Ministry of Oceans and Fisheries showed.

Shanghai will consider building a free trade port to facilitate trade and investment, Mayor Ying Yong has said.

A new multipurpose terminal in Sihanoukville Autonomous Port (PAS) will increase vessel capacity and reduce shipping costs.

DP World and India’s National Investment and Infrastructure Fund (NIIF) have created a new platform to invest in ports, terminals, transportation and logistics businesses in the country.

Sunseap Group will construct and install an eco-friendly solar photovoltaic system at PSA’s Singapore terminals to reduce its carbon footprint.

2017 saw PSA International handle 74.24m teu at its ports across the globe, with the group’s volumes increasing by 9.8% over 2016.

Chinas commerce minister Zhong Shan has shown his support for the construction of free-trade ports in the country.