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Sri Lanka’s Hambantota Port signs agreement with Japan’s K-Line PTE
The Hambantota Port in southern Sri Lanka, the member of Hambantot International Port Group (HIPG) recently signed its first Terminal Service Agreement (TSA) with Japan’s K-Line PTE Limited (KLPL), one of the world’s largest maritime operators.
September19,2018
CMPort to acquire 50 pct share of Newcastle port
Shareholders of China Merchants Port Holdings Company Limited (CMPort) agreed at a meeting on Monday to buy a 50 percent share of the Port of Newcastle in a move to expand to Australia.
March20,2018
CMP buys into Brazilian terminal
China Merchants Port Holdings Co Ltd announced on Monday that it had agreed to purchase 90 percent of TCP Participacoes SA, the operator of Brazil's second largest container terminal, for 7.23 billion Hong Kong dollars (924 million U.S. dollars).
September05,2017
China Merchants Port Holdings sees profit rise of 86.3 pct in 1st half
Profit of China Merchants Port Holdings Company Ltd (CMPort) rose 86.3 percent year-on-year to 3,148 million HK dollars (about 405 million U.S. dollars) in the first half of 2017 as export trade of China performed well, CMPort said here on Thursday.
September01,2017
China Merchants to take over Sri Lanka port
Chinese port operator China Merchants Port Holdings has announced it will acquire an 85 percent stake in Sri Lanka's Hambantota Port for 974 million U.S. dollars.
July27,2017
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