Asia – Page 25
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NewsJurong cements multipurpose aspirations
Jurong Port has officially commenced operations of its Combi Terminal, which is tailored to the requirements of multipurpose vessels.
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NewsMoody's flags Chinese port pressures
A new report from Moody’s Investors Service has highlighted that port operators in China are facing headwinds from slower economic growth and weaker throughput outlook.
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Challenges for Asian rated port operators
The resilience of Asian port operators is being tested by weak commodity prices, high capital expenditure commitments and a liner industry struggling with overcapacity, according to Moody’s Investors Service.
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DP World to explore opportunities in Taiwan
DP World and Taiwan International Ports Corporation (TIPC) have signed a Memorandum of Understanding to explore growth opportunities in Kaohsiung Port’s Terminal 7 in Taiwan.
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NewsQinhuangdao port issues profit warning
Qinhuangdao Port has issued a warning to its shareholders and potential investors to expect a substantial fall in net profits for the first quarter of 2016.
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NewsKuantan's Asian transhipment aspirations
Kuantan Port Consortium (KPC) is building its New Deep Water Terminal (NDWT) which it says will become a major transhipment hub on the east coast of Malaysia for trade in and out of Asia.
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Thailand looks to regional co-operation
Senior Thai officials have outlined the country’s plans to further develop the country’s port sector.
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Myanmar admits to development “challenges”
Problems with Myanmar’s ports were outlined at the 14th ASEAN Ports and Shipping Conference in Bangkok.
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NewsChina to cut back on foreign infrastructure investment
China, which has shown interest in funding numerous new port and infrastructure projects in developing countries, is now having to re-evaluate its position given Venezuela''s wish to default on Chinese debt.
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NewsChina’s ports face overcapacity crisis
According to experts, overcapacity in China’s ports will be more severe than that in steel and cement in the near future, Xinhua reports.
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Cambodia requests Laem Chabang access
The Cambodian Commerce Minster has called on Thailand to consider giving Cambodia access to the Laem Chabang port.
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NewsCMIT 'out of the storm'
APM Terminals’ Vietnamese Cai Mep International Terminal is "out of the storm... but not home yet", according to managing director Robert Hambleton.
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Government approves port in Tami Nadu’s Enayam
The NDA government has approved a proposal to build a major port at Enayam near Colachel in Tamil Nadu, worth INR25bn ($3.7bn).
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Malaysia’s Kudat to benefit from funding
Sabah Ports Authority has allocated RM6m ($1.47m) to upgrade Kudat Port’s facilities, Bernama, Malaysia’s national news agency has reported.
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NewsPTP ready to invest RM8.6bn
Malaysia’s biggest single port operator, Port of Tanjung Pelepas (PTP), is ready to invest more than RM8.6bn ($2.1bn) under a plan to increase the port’s capacity.
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Sapangar to benefit from extra funds
Malaysia’s government has increase the funding for development of Sapangar Bay Container Port, in Sabah Province.
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NewsPSA International launches ‘Living Lab’
PSA International, together with the Economic Development Board (EDB) and the Maritime and Port Authority of Singapore (MPA), has launched the PSA Living Lab, a living laboratory in Singapore for the port and logistics industry.
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NewsPSA strengthens AGV fleet
PSA Singapore (PSA) has invested in 22 new Automated Guided Vehicles (AGV) for its container terminals, bringing the fleet to 30 units.
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NewsContainer terminal joint venture
Shipping group, CMA CGM, and PSA Singapore Terminals (PSA) have joined forces to form a joint venture company - CMA CGM-PSA Lion Terminal (CPLT).
