Asia – Page 32
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NewsLife after TAMP
Tariff-setting and red tape – are the twin evils of doing business in India showing signs of being eradicated?
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NewsVietnam readies port leases
Vietnam looks set to lease the Cai Mep-Thi Vai international port in Ba RiaVung Tau province for 30 years, official sources have reported. Cai Mep-Thi Vai is the first State-built seaport to be leased, as the country tries to kickstart development of the problem-laden sector.
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NewsPortek secures Tanjung contract
Singapore’s Portek International has secured its first major contract with the Port of Tanjung Pelepas (PTP) in Malaysia, as well as repeat orders from existing customers.
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NewsMalaysian expansion project
Kuantan Port in Malaysia looks set to double its capacity by the end of the year transforming it into a mega port up from its current feeder port status.
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NewsWind power for JNPT
Jawaharlal Nehru Port Trust (JNPT) is said to be investing Rs Crore 50 ($8.4m) to install wind power to help save 30% on port energy costs.
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NewsSpending spree benefits manufacturers
The Indonesia port development spending spree has benefited service providers in the sector. Konecranes had an order worth over €100 million for Indonesia in March, signing an agreement to deliver container-handling equipment to Pelindo III.
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NewsOnwards and upwards
BNCT’s presence at Busan’s New Port is attracting new bread and butter business demonstrating that it’s not only attractive to mainline services.
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NewsMoving into overdrive
Indonesian port authorities have thrown themselves into the job of tackling congestion.
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NewsWestports Malaysia set for US$500m listing
Port operator, Westports Malaysia, is expected to list on the local stock exchange in October 2013 in a deal that could raise up to US$500m, according to media reports. The operator manages Malaysia’s main export gateway of Port Klang – one of the main ports along the Malacca Straits linking ...
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Essar Ports wins Visakhapatnam bid
Private port company, Essar Ports Limited (EPL), through its wholly owned subsidiary, Vadinar Oil Terminal Ltd, has won a bid for the development of three iron ore berths at India’s Visakhapatnam Port on a build-operate-transfer (BOT) basis.
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NewsPSA acquires stake in Fuzhou terminal
Global port group, PSA International, has acquired a stake in the Fujian Jiangyin International Container Terminal (FJCT) at the Port of Fuzhou in China, making it the second largest shareholder after FPG.
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NewsHong Kong strike comes to an end
The Union of Hong Kong Dockers (UHKD) has called an end to the 40 day strike at Hongkong International Terminals’ (HIT) Kwai Tsing Port after accepting an improved wage offer and promises of further negotiations on working conditions.
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NewsPortek traffic hits new record
Singapore based terminal operator, Portek International’s container throughput has hit a new record, exceeding the 1m teu mark.
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NewsHong Kong docker talks unsuccessful
The latest rounds of negotiations which took place today between the unions, Everbest Technologies Ltd and Hongkong International Terminals (HIT), a subsidiary of Hutchinson Whampoa Limited (HWL), have been unsuccessful, with Everbest refusing to put a wage deal in writing.
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NewsHong Kong talks to take place
The fifth round of negotiations is set to take place today to try to resolve the strikes and protests at the Kwai Tsing in Hong Kong and at the Cheung Kong Centre – troubles have been going for five weeks now.
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BNCT expansion strategy
The latest large ship call at BNCT terminal in Busan’s New Port demonstrates the future abilities of South Korea’s container logistics industry, the operator says.
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NewsHK strikes continue
Hutchinson Whampoa Limited (HWL) has strongly condemned the Kwai Tsing container terminal strikers for "jeopardising the reputation of Hong Kong tourism" after they "harassed" customers at the Harbour Grand Hong Kong hotel.
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NewsCourt injunction for HK strikers
Turbo Top Limited, a subsidiary of Hutchinson Whampoa Limited, has applied to the Hong Kong High Court for an injunction against the Hong Kong Confederation of Trade Unions (HKCTU) to prevent obstruction of Cheung Kong centre and its surrounding areas.
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NewsDP World performance dip
DP World has reported a 7% decline in gross container volume in the first quarter of 2013 compared with the same period last year, owing to lower volumes in the Asia Pacific, Indian Subcontinent, Europe, Middle East and Africa regions.
