Asia – Page 37
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New private investor for Pipavav
There have been reports this week that The International Finance Corporation (IFC) is considering a loan which would fund over half of Gujarat Pipavav Port Ltd’s (GPPL) new expansion project.
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Inland attractions
Surprisingly, China''s northern and central box terminals grew faster last year than the traditional southern powerhouse. Michael King reports
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Essar to rein in international activities
Essar Ports says that it is to cut back on its international ambitions and instead focus more heavily on its home market of India, where it intends to grow current capacity of 88m tonnes to 160m tonnes by 2014.
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PSA invests in automation
PSA Singapore Terminals (PSA) has made a strategic investment in automation technologies to help maintain its status as one of the world’s largest transhipment hubs.
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Vizhinjam tender back on the table
The proposed Vizhinjam port project in India may be put out for re-tender.
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Kochi to re-tender Willingdon island
Kochi Port Trust has invited bids for the establishment of a port user complex on a 900,000 m² area, which is to be offered as a 30-year concession.
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Illegal DG shipping on the Yangtze
Port Strategy has learned that a shipowner has been remanded in custody for ten days and fined for shipping dangerous goods (DG) cargo having used fake documents on the Yangtze.
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PTP invest in new equipment
The Port of Tanjung Pelepas (PTP) is investing RM1.4bn (US$313.5m) in new cranes, electrifying existing RTGs and building two new berths to keep up with the ever-growing shipping industry.
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APMT's Cai Mep transforms Vietnam
According to APMT, Cai Mep International Terminal (CMIT) will transform Vietnamese ports because it will handle almost 600,000 teu in 2012 - 50% of the amount currently moving through the Cai Mep area.
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Johor looks to new markets
Johor Port has embarked on a five year expansion plan which will include significant redevelopment in order to retain competitive edge and cater for new markets.
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Japan comes to Vietnam’s aid
Japan International Cooperation Agency is to help the Vietnamese city of Da Nang improve both its Tien Sa sea port and undertake the phase II upgrade of the harbour at Lien Chieu.
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Chinese terminals may speed up exports
According to a Xinhua report, the Wanzhou and Fuling terminals in the municipality of Chongqing have started operating container shipping services to Shanghai this month - which should help improve cargo flow.
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HWL reflects on current market climate
Hutchison Whampoa Limited (HWL) reflected on the impact of the Euro zone crisis and the global market in general as part of its annual general meeting recently.
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Wuhan in major dredging programme
The port of Wuhan in China is to receive investment of at least $8.33bn over the next five years, which will enable it to receive ships of up to 10,000 dwt, twice the existing limit.
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Dawei reaches crossroads
Myanmar’s Dawei is very much at the cross roads as Myanmar’s Industry Minister, Soe Thane, recently acknowledged to the Bangkok Post newspaper.
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Adding value to an already attractive option
There is a real need to provide those involved in getting cargo to and from Indian ports with a range of value added services.
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Ambitious Yangtze blueprint
Central China’s Wuhan government has reportedly approved an ambitious RMB300bn (USD$47bn) blueprint to develop Wuhan into a “major shipping centre” within the next five years.
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Filling a capacity gap
HFW''s Alistair Mackie and Lindsey Greer examine the investment potential of India
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Advanced MTS for Manila
International Container Terminal Services, Inc. (ICTSI) recently added a new line of multi-trailer system (MTS) at the Manila International Container Terminal.
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Tianjin and PSA join hands
Tianjin Port Group and PSA International are set to extend their collaboration with the signing of a Strategic Cooperation Framework Agreement.