Monthly Archives: September 2017

​Total Empty Containers at the Port of Mombasa record 7079 TEUs

Empty containers at the Port of Mombasa recorded 7,079 Twenty Feet Equivalent Units (TEUs) out of the 19,171 TEUs total yard population in the week ended September 13th 2017. There were 6,254 TEUs ready for collection by consignees, 3,227 TEUs awaiting pickup order and 1,258 full exports (nominated/un-nominated).  The yard which recorded 21,093 TEUs in the […]

Strong growth in BRICS countries’ trade in 2017

COPENHAGEN, Sept 7 (Reuters) – Trade between the BRICS countries, Brazil, Russia, India, China and South Africa, has grown strongly this year, figures from the world’s largest container shipper showed on Thursday. Maersk Line, which handles one out of seven containers shipped globally, said its shipments from China to India had increased 26 percent by […]

China Merchants buys control of Brazil’s most profitable port

China Merchants Port Holdings Co Ltd (0144.HK) agreed to buy 90 percent of TCP Participações SA, Brazil’s most profitable port terminal, for about 2.9 billion reais ($924 million), a sign of growing interest in assets across Latin America’s No. 1 economy. China Merchants said in a statement on Monday that it bought the stake from […]