Asia – Page 21
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NewsWorld cargo throughput increases by 6.8%
Cargo throughput at key world ports saw a year-on-year increase of 6.8% in Q2 2017, a significant improvement compared with the growth of Q2 2016, and maintained the rising trend of Q1 2017, Shanghai International Shipping Institute said.
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NewsCoal port in to be constructed in Vietnam
A US$1bn coal port will be built in South Vietnam in a deal that could provide a major boost to the country’s cargo and logistics.
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Thai ports overtime scam uncovered
Investigators have discovered a multi-million Thai bhat graft scam involving potentially 560 employees, many of them high-ranking officials, at the Port Authority of Thailand (PAT), the country’s The Nation newspaper has reported.
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NewsInternational operators eye Chittagong tender
Five marine and inland terminal operators are competing for a contract to build Bangladesh’s first specialised maritime terminal in Chittagong.
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NewsFunding green light propels Sihanoukville
A Japanese loan agreement has given the green light needed to begin development on a new deep water terminal in Cambodia to cater for increased business and larger vessels.
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NewsRough road ahead
India is tackling port modernisation, but there are road bumps ahead. Michael Mackey reports
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NewsRestriction on new Indian ports recommended
No new port should be allowed within 100 kilometres of India’s top ports without board approval, a parliamentary panel has recommended.
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NewsOperators explore blockchain technology to increase efficiency
A group of Asia Pacific operators have joined together to explore blockchain technology to improve security and transparency in the supply chain.
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NewsMMC makes a move on Sabah Ports
MMC Corp has confirmed it has begun talks with Suria Capital Holdings to acquire a stake in Sabah Ports (SPSB).
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NewsUSD$70m investment increases Saudi terminal capacity
A USD$70m investment will enable Saudi Arabia’s largest import terminal to handle three 14,000 vessels simultaneously.
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NewsEarly end to Jakarta strike in “national interests”
600 workers at Jakarta International Container Terminal (JICT) have ended a pay-related strike early because of "national interests".
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NewsStriking Indonesian dockers clash with police
Striking workers refusing to leave a workers’ rights protest at the JICT terminal in Jakarta are being evicted by police.
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MMC Corporation to list ports business
The group managing director of MMC Corporation has said that the company is aiming to list its ports business towards the end of 2018 or early in 2019, Nikkei Asian Review has reported.
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Sri Lanka agrees on port deal with China
The cabinet of Sri Lanka has cleared a revised deal for its Chinese-built port of Hambantota following public anger towards terms of the first pact.
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News12 Indian ports to gain autonomy
India’s government has approved a draft bill to give 12 ports in the country full decision-making autonomy in a bid to enable greater efficiency.
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NewsDP World advises on Indonesia’s development
DP World will advise on the development of two Indonesian ports to help the country grow its domestic and international trade.
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NewsCosco acquisition sign of Chinese “consolidation”
The acquisition of Orient Overseas Container Line (OOCL) by Chinese state-owned Cosco and Shanghai International Port Group (SIPG) signifies the agglomeration of the Chinese state-owned enterprises involved in the port sector, an analyst has said.
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Myanmar encourages foreign investment
Myanmar’s government has made a strong pitch to foreign investors to commit to its ports at the 15th ASEAN Ports and Shipping conference.
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Port of Sihanoukville outlines expansion plans
Sihanoukville, Cambodia’s recently-listed gateway port, outlined its expansion plans at the 15th ASEAN Ports and Shipping Conference.
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Philippines Coast Guard to take over port security
The Philippines government has ordered the Philippine Coast Guard (PCG) to take over security of all the country’s ports and waterways.
