All articles by Patrick Scott

Patrick Scott

Aitken Spence sells Sri Lankan port stake to CMHI

Aitken Spence is to sell its 30% stake in the $500m Colombo Port project to partner China Merchants Holdings International (CMHI).

Cargo ships sink off Filipino coast

Two cargo ships carrying cement and iron ore sunk off the coast of the Philippines last Sunday, according to Philippine Coast Guard (PCG).

Rolls-Royce gains two Brazilian ship orders

Rolls-Royce has received two contracts worth £23m from Brazilian ship-owner Navegação São Miguel to design and equip seven new vessels.

OOCL and Port of Long Beach sign $4.6bn port deal

Orient Overseas Container Line (OOCL) and the Port of Long Beach have signed a 40-year, $4.6bn lease agreement for a major shipping facility in California, US.