Korea Express Company, Ltd. under Kumho Asiana Group on Monday signed a deal with Saigon Port Co. to set up an equally-footing joint venture with the total invested of US$4 million.

A dominant, inescapable feature of Ho Chi Minh City's landscape, the Saigon Port has been the heart of the commercial hub for 149 years.

CMA CGM and Maersk said they would launch a joint service between North Asia and the Black Sea on May 20.

In March 2009, Taiwan's three major international container ports showed a sharp rebound in container throughput, according to NewsTrak.

In an effort to expand and unite the city, Ho Chi Minh City opened inter-district Nguyen Van Cu Street on Tuesday and also started dredge work on Monday on the Soai Rap River to develop the city to the East Sea.

APM Terminals is pleased to announce that it will be a member of the Bolloré Africa Logistics consortium which has been selected to develop a new deepwater container terminal at the Port of Pointe-Noire in the Republic of the Congo. In December 2008 the French-based Bolloré Group signed a 570 million Euro ($798 million USD) 27-year concession agreement with the Congolese Government which provides for the modernization of the largest deepwater port in the Gulf of Guinea, a natural gateway to the increasingly important Central African region.

The Port of Long Beach once again has been named the best seaport in North America by Cargonews Asia at the 2009 Asian Freight and Supply Chain Awards in Hong Kong April 22. It is the fifth consecutive year and the 13th time in the past 14 years that the Port of Long Beach has been recognized as the best on the continent, despite strong competition from the other nominees, the Port of Los Angeles and the Port of New York/New Jersey.

On 20 April 2009 the new flagship of the French shipping company CMA CGM docked at the Port of Hamburg. With a slot capacity of 11,356 TEU and 800 connections for reefer containers, the CMA CGM ANDROMEDA is the biggest container ship to have been handled at the Port of Hamburg to date. The loading and unloading of the ship's container cargo was carried out by HHLA Container Terminal Burchardkai (CTB).

On April 22, Vice Chairman of the provincial People's Committee Dinh Quoc Thai had a working session with the Phuoc An port's investor on project deployment progress.

Hong Kong port's container throughput has grown at four percent a year on average from 2003 to 2008, reaching 24.5 million TEUs last year and making the city the world's third busiest container port for the year, Xinhua reported.