Asia – Page 35
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NewsICTSI gets another ten years at Indonesian terminal
International Container Terminal Services Inc (ICTSI) has had its contract extended to jointly operate Makassar Container Terminal in South Salawesi, Indonesia, for another ten years.
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NewsKolkata seeks damages from HBT
There is speculation in the media that the Kolkata Port Trust (KoPT) has approached the high court to seek damages from ABG Haldia Bulk Terminals (HBT) for the losses it suffered following the operator pulling out of the Haldia Dock Complex (HDC) agreement on 31 October 2012.
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NewsBusan Port Authority and PSA sign MOU
Busan Port Authority (BPA) and global container terminal operator, PSA International, have signed a Memorandum of Understanding (MOU) aimed at cooperating towards a long term strategic partnership.
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NewsNew Papua New Guinea collaboration
Singapore based operator, Portek International Ltd, has signed an agreement with Papua New Guinea Ports Corporation Ltd (PNGPCL) to collaborate with operations at its two largest container terminals.
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Taiwanese ports welcome $1.9bn boost
Four Taiwanese ports are to receive combined investment of $1.9bn from 18 local investors over the next five years.
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Tangshan issues bonds
On November 13, the Tangshan port group issued medium-term bonds worth $64m, which have a maturity of five years. The issue was underwritten by China Minsheng Bank.
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NewsICTSI acquires Hijo shares
International Container Services (ICTSI) has acquired subscription rights to forty million common shares in Hijo International Port Services Inc. (HIPS).
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NewsGovernment stalls Dhamra expansion
Expansion of the Port of Dhamra has been stalled by the Odisha government which has stated: “Allotment of additional land to DPCL for second phase development at this stage does not appear tenable.”
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NewsIndia's rule book
Stevie Knight comments on the latest red tape wranglings in Indian port operations
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China supports Bangladesh development
Bangladesh has sought China''s help for better connectivity which includes building of a new deep-sea port at Sonadia, 140 km south of the current hub at Chittagong
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NewsDP World bags new terminal at JN Port
DP World has been awarded a new terminal project at Jawaharlal Nehru Port in Mumbai, by the Jawaharlu Nehru Port Trust (JNPT).
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PSA ploughs S$3.5bn into automation
PSA Singapore Terminals is to invest S$3.5bn in automation and intelligent technologies in Phases 3 and 4 of its Pasir Panjang Terminal.
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Ennore to issue bonds and undertake IPO
India''s Ennore Port Ltd is to raise tax-free bonds worth $185m to fund expansion and infrastructure projects.
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IPO to fund Port Klang expansion
Westports Malaysia is to raise $500m through an IPO in the second quarter of next year.
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Pelindo II to sell off box terminal holdings
Indonesian state holding Pelindo II is reported as preparing to sell off its subsidiary, Multi-Terminal Indonesia, which manages its logistics activities, as well as container and multi-purpose terminals.
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Dawei mega-port still forging ahead
Thailand is to push on with the Dawei mega-port project in a joint venture with the Myanmar governmment.
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HPH Trust shares a “buy”
Financial advisers Maybank Kim Eng have allocated a "buy" rating to Hutchison Port Holdings Trust’s shares.
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DPW lone bidder for new JNTP terminal
Only DP World has entered a bid for the new $114m container terminal at the Indian port of Jawaharlal Nehru.
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Cai Mep productivity increase
Vietnam''s Cai Mep International Terminal recently managed to achieve productivity of 45.63 moves per hour on vessels operating the direct route to the US.
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Thai funds set to raise $3.2bn
Four Thai state enterprises, including the Port Authority of Thailand, will raise as much as Baht100bn ($3.2bn) in new capital through infrastructure funds, according to the State Enterprise Policy Office (Sepo).
