# Port News **URL:** \ **Category:** Maritime News\ **Created:** [February 10, 2019, 12:01pm UTC](https://forum.gcaptain.com/t/port-news/50592 "2019-02-10T12:01:30Z")\ **Posts on this page:** 20\ **Page:** 12
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [March 5, 2025, 11:45am UTC](https://forum.gcaptain.com/t/port-news/50592/223 "2025-03-05T11:45:54Z")
> **[Li Ka-shing steps back from ports, sells to MSC and BlackRock - Splash247](https://splash247.com/li-ka-shing-steps-back-from-ports-sells-to-msc-and-blackrock/)** > > Li Ka-shing’s CK Hutchison has reached a blockbuster mega deal with BlackRock and Mediterranean Shipping Co (MSC) to sell 80% of its giant ports division for $22.8bn in a record-breaking ports transaction that covers 43 ports comprising 199 berths in... > [@](#): > > CK Hutchison’s co-managing director Frank Sixt said: “This transaction is the result of a rapid, discrete but competitive process in which numerous bids and expressions of interest were received.” He described the transaction valuation as “compelling” something shareholders agreed upon with the conglomerate’s share price leaping by as much as 25% on Wednesday. > > BlackRock, the world’s biggest asset manager, is already a substantial investor in ports via its Global Infrastructure Partners division while MSC’s Terminal Investment Limited (TiL) was already on a par with Hutchison in terms of teu throughput following many acquisitions during the great container shipping boom of the 2020s. > > MSC’s acquisition – and its new status as a standalone operator on the main east-west trades – will likely result in a rejigging of its global network to call at its newly acquired terminals. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [March 6, 2025, 11:39am UTC](https://forum.gcaptain.com/t/port-news/50592/224 "2025-03-06T11:39:04Z")
How does US media manage to get this transaction to be ONLY about the two terminals in Panama and a win for Trump?: > **[The Art of the Canal Deal: How BlackRock Brokered Trump Win in Panama](https://gcaptain.com/the-art-of-the-canal-deal-how-blackrock-brokered-trump-win-in-panama/?subscriber=true&goal=0_f50174ef03-689bf00e1b-169863069&mc_cid=689bf00e1b&mc_eid=4674ba0fbe)** > > BlackRock said it agreed to buy the two ports in Panama and more than 40 others around the world from CK Hutchison Holdings Ltd., the sprawling conglomerate controlled by the Li family, one of Asia’s richest clans. In more sober media it is about dominance between liner services and their terminal operation and a win for MSC, not Trump: > **[Stunning Hutchison ports sale will usher in prolonged period of liner network...](https://splash247.com/stunning-hutchison-ports-sale-will-usher-in-prolonged-period-of-liner-network-changes/)** > > The announcement this week that CK Hutchison is selling its 80% stake in Hutchison Ports Holding to a Blackrock-TiL consortium is set to “rocket” Mediterranean Shipping Co (MSC) to the top of Drewry’s Global Terminal Operator (GTO) league table, the... > [@](#): > > MSC’s stunning $22.8bn deal with BlackRock to take over Hutchison’s non-China terminals will see the carrier vault over the likes of PSA International, COSCO, APM Terminals and DP World on Drewry’s list to boast a combined volume of 78.3m teu. > > The record-breaking deal will require a lengthy regulatory approval from across the world. The ports transaction covers 43 ports comprising 199 berths in 23 countries. > “This is a landmark deal for the sector which will skyrocket MSC to the top of our global terminal operator league tables, but we do expect that there will need to be some rationalisation of the portfolios to meet regulatory requirements,” commented Eleanor Hadland, Drewry’s senior associate for ports and terminals. ---
**Author:** ![spowiednick](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/spowiednick/32/35668_2.png) [@spowiednick](https://forum.gcaptain.com/u/spowiednick)\ **Post date:** [March 6, 2025, 12:42pm UTC](https://forum.gcaptain.com/t/port-news/50592/225 "2025-03-06T12:42:50Z")
All Hutchison’s holdings in PL ( Gdansk, Gdynia) will be taken by Black Rock too. Looks like the newly acquired mega container gantries recently delivered fm China will have to be replaced on host country nickel as tthey are considered as spy equipment targeted at Nato . It is effing mess here. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [March 14, 2025, 1:29pm UTC](https://forum.gcaptain.com/t/port-news/50592/226 "2025-03-14T13:29:00Z")
Maybe not; " bringing into question whether the transaction, the largest ports deal in history, will be completed": > **[Beijing blasts sale of Hutchison Ports - Splash247](https://splash247.com/beijing-blasts-sale-of-hutchison-ports/)** > > CK Hutchison’s share price plunged today in Hong Kong following Beijing’s public criticism of its plans to sell the majority of its ports division to BlackRock and Mediterranean Shipping Co (MSC) for $22.8bn, bringing into question whether the... > [@](#): > > The _Ta Kung Pao_ article, which is dominating headlines in Hong Kong today, described 96-year-old Li’s deal as a “hegemonic act” by the US using its national power to encroach on the legitimate rights and interests of other countries through “despicable means” such as coercion, pressure and inducement. > > “This is exactly why some internet users have generally questioned and criticised the deal by CK Hutchison Holdings,” the commentary read. > “They believe it is kneeling down, a mercenary act which disregards national interests and national justice, betrays and sells out all Chinese people. These emotional expressions of internet users are completely understandable.” ---
**Author:** ![Hogsnort](https://avatars.discourse-cdn.com/v4/letter/h/ba8739/32.png) [@Hogsnort](https://forum.gcaptain.com/u/Hogsnort)\ **Post date:** [March 14, 2025, 6:48pm UTC](https://forum.gcaptain.com/t/port-news/50592/227 "2025-03-14T18:48:20Z")
If one expects independent comment The Liaison Office replaced the [Xinhua News Agency](https://en.wikipedia.org/wiki/Xinhua_News_Agency)’s Hong Kong office, the unofficial representative of the government of China in Hong Kong until the [handover of Hong Kong](https://en.wikipedia.org/wiki/Handover_of_Hong_Kong), in 1997. Under the system “[one institution with two names](https://en.wikipedia.org/wiki/One_institution_with_two_names),” it also holds the alternative name of the Hong Kong Work Committee of the Central Committee of the [Chinese Communist Party](https://en.wikipedia.org/wiki/Chinese_Communist_Party).from the originator of that article you would be disappointed. ---
**Author:** ![spowiednick](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/spowiednick/32/35668_2.png) [@spowiednick](https://forum.gcaptain.com/u/spowiednick)\ **Post date:** [April 2, 2025, 9:48am UTC](https://forum.gcaptain.com/t/port-news/50592/228 "2025-04-02T09:48:29Z")
[Beijing looks to put the brakes on the sale of Hutchison Ports - Splash247](https://splash247.com/beijing-looks-to-put-the-brakes-on-the-sale-of-hutchison-ports/?utm_source=dlvr.it&utm_medium=facebook) quote: POTUS will be choking on his cornflakes this morning! Maybe he will decide to ”liberate” the PanCan tomorrow in addition to all his tariffs as it means 🙂 Beijing telling Donny Convict to stop embarrassing the USA and grow up end quote fm comments section ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [April 10, 2025, 12:16pm UTC](https://forum.gcaptain.com/t/port-news/50592/229 "2025-04-10T12:16:56Z")
> **[Trump was touting his Panama victory. Then China stepped in.](https://www.nbcnews.com/news/world/trump-panama-canal-take-back-military-china-blackrock-rcna199438)** > > The tussle over two ports on the Panama Canal shows Beijing’s willingness to assert its power as the U.S. attempts to roll back Chinese presence in the Western Hemisphere. > [@](#): > > A huge deal [President Donald Trump](https://www.nbcnews.com/politics/donald-trump) touted as a victory in his campaign to “take back” the [Panama Canal](https://www.nbcnews.com/politics/national-security/trump-white-house-asked-us-military-develop-options-panama-canal-offic-rcna195994) from [China](https://www.nbcnews.com/news/world/china-vows-fight-end-trump-raises-tariffs-104-rcna200138) could be on the rocks amid pushback from Beijing. > > The $23 billion sale involving two ports run by CK Hutchison, a private company based in the Chinese territory of [Hong Kong](https://www.nbcnews.com/news/world/hong-kongs-25-years-china-protests-politics-tightening-laws-rcna36284), to a consortium led by the [U.S. investment firm BlackRock](https://www.nbcnews.com/business/business-news/trump-tariffs-business-leaders-criticize-trump-admin-trade-war-rcna199997) had been scheduled to be signed last week. > > Trump quickly declared victory. “To further enhance our national security, my administration will be reclaiming the Panama Canal, and we’ve already started doing it,” he said in an [address to Congress](https://www.nbcnews.com/politics/donald-trump/-trump-address-joint-session-congress-speech-rcna193843) last month, citing the proposed deal. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [April 23, 2025, 12:50pm UTC](https://forum.gcaptain.com/t/port-news/50592/230 "2025-04-23T12:50:49Z")
> **[Hutchison draws level with PSA on revenues - Splash247](https://splash247.com/hutchison-draws-level-with-psa-on-revenues/)** > > There might be a 12.8m teu gap between them in group-wide annual throughput, but old rivals Hutchison Ports and PSA International are neck and neck when it comes to revenues these days, helping explain what a canny potential deal BlackRock and... > [@](#): > > The latest data from Alphaliner covering the world’s largest global terminal operators shows Hong Kong-based Hutchison Ports’ revenue leapt 11% last year to draw level with Singapore’s PSA International, despite moving far fewer boxes. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [April 24, 2025, 12:51pm UTC](https://forum.gcaptain.com/t/port-news/50592/231 "2025-04-24T12:51:16Z")
> **[Singapore's PSA Weighs Selling Minority Stake in CK Hutchison's Ports Business](https://gcaptain.com/singapores-psa-weighs-selling-minority-stake-in-ck-hutchisons-ports-business/?subscriber=true&goal=0_f50174ef03-af46837b74-169863069&mc_cid=af46837b74&mc_eid=4674ba0fbe)** > > SINGAPORE, April 23 (Reuters) – Singapore’s PSA International is exploring the sale of its 20% stake in CK Hutchison‘s ports business, two people with knowledge of the matter said, joining the Hong Kong... > [@](#): > > PSA bought its 20% stake for $4.4 billion in 2006 and has looked at selling previously. Reuters reported in late 2022 that PSA weighed a potential sale. But the two sources said it put the process on hold months later after global shipping activity weakened. > Outside of its stake in CK Hutchison, PSA has 70 terminals in 45 countries, including its two flagship ports in Singapore and Belgium, according to its website. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [April 24, 2025, 12:56pm UTC](https://forum.gcaptain.com/t/port-news/50592/232 "2025-04-24T12:56:26Z")
> **[Trump’s 100% Tariff Proposal on Chinese Cranes Could Leave U.S. Ports with...](https://gcaptain.com/trumps-100-tariff-proposal-on-chinese-cranes-could-leave-u-s-ports-with-few-options/?subscriber=true&goal=0_f50174ef03-af46837b74-169863069&mc_cid=af46837b74&mc_eid=4674ba0fbe)** > > Chinese cranes that load and unload containers from ships are the latest target of the Trump administration’s attempt to boost domestic manufacturing, even as no US industry for the equipment exists. > [@](#): > > The US Trade Representative is [proposing](https://gcaptain.com/ustr-targets-chinas-maritime-dominance-with-new-fee-structure-and-u-s-build-incentives/) duties of up to 100% on Chinese ship-to-shore cranes, containers and other parts. Because no company currently makes such cranes in the US, it would take at least a decade to build up the industry, said Gene Seroka, executive director of the Port of Los Angeles. > > It’s the latest example of how tariff policies threaten to upend a niche business that will leave customers in the US — already facing limited options — with even fewer choices. And because the proposal would impact the nation’s ports, it poses a broader risk to global supply chains, adding costs for marine terminal operators that may be passed along to cargo owners and ultimately to consumers. > > The American Association of Port Authorities said in a [statement](https://www.aapa-ports.org/advocating/PRdetail.aspx?itemnumber=23091) last week that it opposes the latest proposed taxes, and will instead support the creation of a production tax credit for US-made cargo-handling equipment. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [April 28, 2025, 1:05pm UTC](https://forum.gcaptain.com/t/port-news/50592/233 "2025-04-28T13:05:33Z")
> **[Iran port blast death toll rises to 40 - Splash247](https://splash247.com/iran-port-blast-kills-at-least-18-and-injures-hundreds/)** > > The number of dead in the massive explosion and fire that rocked Shahid Rajaee port near Bandar Abbas in southern Iran over the weekend has risen to at least 40, according to the latest figures released by Iranian authorities. The blast, which took... > [@](#): > > “The cause of the explosion was the chemicals inside the containers,” he told Iran’s ILNA news agency. > > British maritime security consultants Ambrey said it believed the affected containers had contained solid fuel destined for ballistic missiles. > “The fire was the result of improper handling of a shipment of solid fuel intended for use in Iranian ballistic missiles”, Ambrey said, adding that it was aware that an Iran-flagged ship “discharged a shipment of sodium perchlorate rocket fuel at the port in March 2025”. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [April 29, 2025, 10:38am UTC](https://forum.gcaptain.com/t/port-news/50592/234 "2025-04-29T10:38:10Z")
> **[Mexico expands its largest port as it bets on global trade despite Trump's...](https://www.bairdmaritime.com/shipping/ports/mexico-expands-its-largest-port-as-it-bets-on-global-trade-despite-trumps-tariffs)** > > A massive expansion of Mexico's largest seaport is under way as Mexican authorities bet on positive economic growth and the strength of global trade despite the > [@](#): > > The multibillion-dollar port expansion is one of Mexican President Claudia Sheinbaum’s major infrastructure projects. The investment is part of Mexico’s efforts to defy an economic downturn as Trump’s trade wars have created widespread financial uncertainty. > “We don’t see any real impact (of the US tariffs), and we don’t foresee a significant impact,” she said. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [May 2, 2025, 2:09pm UTC](https://forum.gcaptain.com/t/port-news/50592/235 "2025-05-02T14:09:26Z")
> **[Wallenius Wilhelmsen closes sale of Melbourne car terminal - Splash247](https://splash247.com/wallenius-wilhelmsen-closes-sale-of-melbourne-car-terminal/)** > > Oslo-listed car carrier operator Wallenius Wilhelmsen has completed the sale of Melbourne International RoRo & Auto Terminal (MIRRAT) following approval from the Australian Competition and Consumer Commission in April. The deal sees Australian... > [@](#): > > The first phase of MIRRAT launched in April 2016, after Wallenius Wilhelmsen won the bid to design, construct, and operate the terminal in 2014. > The operator of around 125 vessels and now seven marine terminals struck a deal to sell MIRRAT last May and said it would continue to utilise the terminal for its services. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [May 2, 2025, 2:17pm UTC](https://forum.gcaptain.com/t/port-news/50592/236 "2025-05-02T14:17:59Z")
> **[CMA CGM signs Syrian port deal - Splash247](https://splash247.com/cma-cgm-signs-syrian-port-deal/)** > > CMA CGM has signed a 30-year deal with the Syrian government to develop Latakia port, including building a new berth and investing $260m to bolster Syria’s top port. CMA CGM has been operating at Latakia since 2009.  The new deepwater berth will... ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [May 12, 2025, 12:26pm UTC](https://forum.gcaptain.com/t/port-news/50592/237 "2025-05-12T12:26:43Z")
> **[DP World to spend $760m expanding Caucedo port in the Dominican Republic -...](https://splash247.com/dp-world-to-spend-760m-expanding-caucedo-port-in-the-dominican-republic/)** > > Global terminal operator DP World has signed a deal in Latin America to spend $760m expanding the Dominican Republic’s Port of Caucedo and its free trade zone. DP World said the Dominican Republic offers a compelling environment for manufacturers and... > [@](#): > > DP World said the Dominican Republic offers a compelling environment for manufacturers and logistics providers by offering competitive costs, robust tax incentives, and proximity to US markets and duty-free access. PS\> Feeder service opportunity? ---
**Author:** ![Chief\_Seadog](https://avatars.discourse-cdn.com/v4/letter/c/67e7ee/32.png) [@Chief\_Seadog](https://forum.gcaptain.com/u/Chief_Seadog)\ **Post date:** [May 12, 2025, 8:14pm UTC](https://forum.gcaptain.com/t/port-news/50592/238 "2025-05-12T20:14:55Z")
There was already an intermodel port near Santo Domingo. Back in my SeaLand days on the Puerto Rican service (mid to late 80’s) we stopped at Rio Haina before heading back to the States. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [May 23, 2025, 8:19pm UTC](https://forum.gcaptain.com/t/port-news/50592/239 "2025-05-23T20:19:16Z")
## Malaysia’s ports stand to gain as global trade routes shift ![image](https://us1.discourse-cdn.com/flex016/uploads/gcaptain_maritime_forum/original/3X/4/4/44c7369c5b29f833f0b0d73f57a2437f3841f005.jpeg) PTP is internationally recognised for its operational efficiency. It serves major global shipping lines including Maersk, Sealand, CMA CGM, MSC and Evergreen Marine (pics: MEDIA MULIA) > [@](#): > > **MALAYSIA’S** ports are emerging as strong contenders for regional leadership amid unprecedented disruption to global trade flows — from geopolitical tensions and tariff uncertainties to supply chain reconfigurations and climate-related challenges. > > Strategically located along the Straits of Malacca and supported by continuous infrastructure upgrades, ports like Port Klang and the Port of Tanjung Pelepas (PTP) are increasingly seen as resilient and efficient alternatives to regional peers. > > Experts say the current global volatility presents a clear opportunity for Malaysia to transition from a transit point to a critical hub in international logistics. > [https://themalaysianreserve.com/2025/05/19/malaysias-ports-stand-to-gain-as-global-trade-routes-shift/](https://themalaysianreserve.com/2025/05/19/malaysias-ports-stand-to-gain-as-global-trade-routes-shift/) ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [May 25, 2025, 7:53pm UTC](https://forum.gcaptain.com/t/port-news/50592/240 "2025-05-25T19:53:46Z")
> **[GLOBAL: DP World looking to invest $2.5 billion in global infrastructure in 2025](https://www.bunkerspot.com/global/65187-global-dp-world-looking-to-invest-2-5-billion-in-global-infrastructure-in-2025)** > > Bunkerspot provides news, in-depth analysis, expert comment and price indications for the global marine fuels industry > [@](#): > > DP World has announced that it is set to invest $2.5 billion this year to expand its global logistics network, with infrastructure projects rolling out across India, Africa, South America and Europe. > In Europe, DP World is investing $1 billion to build two new shipping berths and a second rail terminal at the UK’s London Gateway logistics hub. > > Commenting on the investment plans, DP World’s Chairman and Group CEO Sultan Ahmed bin Sulayem said: ‘Global trade is evolving fast, and we are investing boldly to shape its future. Despite short-term uncertainty, this $2.5 billion commitment reflects our confidence in long-term trade growth and our determination to build the infrastructure needed to keep the world connected. ---
**Author:** ![spowiednick](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/spowiednick/32/35668_2.png) [@spowiednick](https://forum.gcaptain.com/u/spowiednick)\ **Post date:** [May 26, 2025, 11:52pm UTC](https://forum.gcaptain.com/t/port-news/50592/241 "2025-05-26T23:52:33Z")
Maritime Analytica ![image](https://us1.discourse-cdn.com/flex016/uploads/gcaptain_maritime_forum/original/3X/7/7/7758d6e4e523ca1db9c45aa117c4858c995420fc.jpeg) Out of 20 7 is in China. Some consider it as the greatest threats of all. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [June 8, 2025, 1:01pm UTC](https://forum.gcaptain.com/t/port-news/50592/242 "2025-06-08T13:01:37Z")
> **[New Orleans miffed MSC dropped it from rotation](https://www.seanews.com.tr/new-orleans-miffed-msc-dropped-it-from-rotation/203442/)** > > THE Port of New Orleans is miffed after the world's biggest container line, the Mediterranean Shipping Co (MSC), dropped the port from its Lone Star route to Asia, reports Fox News > [@](#): > > ‘The volumes are down because of the tariffs and that’s certainly affecting our port and it turns out the company decided they didn’t need as much total, you know traffic and so they cut out New Orleans,’ said University of New Orleans economist Walter Lane. [Previous page](https://forum.gcaptain.com/t/port-news/50592.md?page=11) [Next page](https://forum.gcaptain.com/t/port-news/50592.md?page=13)