Piraeus Port shareholders approved a new concession agreement with Chinese shipping giant COSCO on Friday, bringing Greece a step closer to concluding the sale of a majority stake in the port.

Energy giants such as Royal Dutch Shell and Total are looking to build terminals and power plants in new markets to soak up the industry's rapidly burgeoning supply.

"Hong Kong's crucial shipping trade is hoping China's overseas infrastructure plan and closer business ties with Iran will enable the city to tackle the downturn in the seaborne sector and tougher competition," Stephen said.
 

The bill is aimed at enabling port authorities to function like a corporate entity.

an attendant at Town of Palm Beach docks just south of the Royal Park Bridge, said Saturday he isn’t surprised to hear of a growing demand for slips for larger yachts.

BHUBANESWAR: Announcing the Centre's plans to inject Rs 25 lakh crore to strengthen inland waterways, ports and rail-road links, Union Minister Nitin Gadkari on Friday said these projects will create four crore jobs as the focus of the NDA government is to uplift the poor.

The Mersey River Yacht Club has borne the brunt of powerful floods with at least six boats unaccounted for and others damaged or sunk.