China Merchants Group
China Merchants Group Limited is an international state-owned corporation. The company is operating under the auspices of the Chinese Ministry of Transport.
DP World consolidates Eurofos terminal in Fos-sur-Mer, exits Le Havre
DP World Limited and Terminal Link SA, a joint venture 51% owned by CMA CGM and 49% owned by China Merchants Port, have today reached a conditional agreement...
CMPort Expects Profit Growth of More than 40% in 2021
China Merchants Port Holdings Company Limited (SEHK:0144) released its latest earnings statement and expects the group’s profit for the year ending December...
“Russian tsar of Thessaloniki” now owns 71.85% of city’s port. Russia and China via proxies now control Greece’s second largest port
Thessaloniki, Greece (PortSEurope) December 24, 2021 – Thessaloniki Port Authority (ThPA) has reported that Belterra Investments Ltd., owned by a Russian...
Are Chinese companies interested in Italy’s Port of Palermo?
Palermo, Sicily, Italy (PortSEurope) December 22, 2021 – In the last month, various reports have suggested that China may be looking at the Sicilian port...
China excluded from another Adriatic port
Rijeka, Croatia (PortSEurope) November 9, 2021 – Last week, it was announced that a joint venture of APM Terminals and the local ENNA had been awarded...
Port of Barcelona has signed the Ningbo Declaration
Barcelona, Spain (PortSEurope) October 25, 2021 – The Port of Barcelona attended the 6th Maritime Silk Road Port International Cooperation Forum, one of...
CMPort forecasts more than 170% profit increase in 1H 2021
On 14 July 2021, China Merchants Port Holdings Company Limited (CMPort) announced a positive profit alert for the 2021 interim results. The Group is...
CVC Capital Partners and China Merchants Holdings may seek Kumport stake
Istanbul, Turkey (PortSEurope) May 26, 2021 – CVC Capital Partners and China Merchants Holdings International Co. are two companies interested in...
Analysis – Germany enters the fray for the reconstruction of the Port of Beirut; What about France, China, Turkey, the USA, Russia, the UAE & Kuwait?
Beirut, Lebanon (PortSEurope) April 7, 2021 – Germany is reportedly prepared to submit a proposal for the reconstruction of the port of Beirut, which was...
China Merchants Port reports 2020 financial results
Hong Kong, China (PortSEurope) April 3, 2021 – China Merchants Port Holdings Company Limited (CMPort) has reported annual results for the period ended 31...
New STS cranes from China’s ZPMC to arrive in Thessaloniki port
Thessaloniki, Greece (PortSEurope) February 10, 2021 – Thessaloniki Port Authority (ThPA) S.A. purchased two new, specially designed STS (Ship To Shore)...
Second stage of tender for expansion of Thessaloniki port Pier 6 completed
Thessaloniki, Greece (PortSEurope) February 8, 2021 – The submission of binding financial and technical offers for the second stage – Call for...
Controversial Russian businessman, close to Putin, to control Thessaloniki port
Thessaloniki, Greece (PortSEurope) February 5, 2021 – Russian billionaire of Greek origin and born in Georgia, Ivan Savidis, has acquired the 47% stake...
COSCO Shipping Ports Limited reports container traffic slightly down in 2020
Hong Kong, China (PortSEurope) January 18, 2021 – China’s COSCO Shipping Ports Limited has reported global container traffic of 101.8 million...
Analysis – Could DP World and Maersk prevent China from taking over all Haifa Bay ports?
Haifa, Israel (PortSEurope) November 2, 2020 – At the end of October, Israel Shipyards Industries together with Dubai-based DP World submitted a...
Analysis – France expected to beat China in the race for the Port of Beirut – Hezbollah is the main obstacle
Beirut, Lebanon (PortSEurope) October 27, 2020 – Two months after the deadly explosions that destroyed most of Beirut port, Lebanon’s largest, it is...
CMPort sees revenue down over 8% in first half of 2020
Hong Kong, China (PortSEurope) August 28, 2020 – China Merchants Port Holdings Company Limited (CMPort) has announced unaudited consolidated interim...