Global maritime infrastructure and logistics developments

Global maritime infrastructure and logistics are undergoing significant modernization through large-scale port developments, equipment upgrades, and shifts toward sustainable shipping.

In Singapore, the Tuas port project is being developed in phases on reclaimed land to create the world’s largest fully automated container port. This initiative aims to consolidate operations from older terminals to reduce costs and improve vessel turnaround times. Similarly, New Zealand’s Lyttelton Port Company is advancing an $821 million expansion and resilience project, which includes a deepwater wharf, a container terminal, and automated cranes, with completion expected by 2031.

Equipment renewal and decarbonization are also central to recent developments. Cargo Handling Corporation Ltd has entered a contract exceeding Rs 2.7 billion for new ship-to-shore and gantry cranes to handle modern container ships. In the shipping sector, DP World has commenced operations for a 1,250 TEU methanol-fueled container ship, marking a move toward dual-fuel engines and reduced emissions. Additionally, DP World has secured a multi-year logistics agreement in Australia to manage the supply chain for fodder products.