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Chinese terminals merge

Cosco Shipping Ports has entered into a merger agreement with Tianjin Port Holdings and China Merchants International Terminals, according to media reports.

The organisations will merge their respective container assets at Tianjin, including: Tianjin Port Container Terminal Company (TCT), Tianjin Five Continents International Container Terminal Company (FICT) and Tianjin Orient Container Terminal Company (TOCT).

The agreements aim to reduce operational costs, unify management processes and optimise operations. All of the terminals will operate under the TCT banner.

ports.coscoshipping.com/en/

Heavy Lift | News

Blue Water handles hull delivery thumbnail image

Blue Water handles hull delivery

October 15 - Earlier this year, Blue Water Singapore coordinated the transport of four trawler hulls, weighing approximately 500 tons (453.6 tonnes), from Vietnam to Norway.
Views: 388
Tiong Woon sets up JV for RAPID thumbnail image

Tiong Woon sets up JV for RAPID

September 30 - Tiong Woon Crane & Transport Malaysia (TWCT Malaysia) is teaming up with PDT Oil & Gas Services to provide heavy lifting and transport services for the Refinery and Petrochemical Integrated Development (RAPID) project in Pengerang, Johor.
Views: 1594
PPG gathers in Vietnam thumbnail image

PPG gathers in Vietnam

September 30 - The Project Professionals Group (PPG) held its 12th annual conference in Ho Chi Minh City, Vietnam last week.
Views: 1562

Heavy Lift Across The World

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