Asia – Page 41
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Hapag Lloyd quits JNP for Mundra
Hapag Lloyd has announced that as of mid-October it is to switch its Indian West Coast services from Jawarharlal Nehru Port to privately-managed Mundra port.
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Central Yangtze aims high
Infrastructure investment is to be speeded up in order to turn Wuhan’s Yangluo terminal, located in the middle reaches of the Yangtze River, into a major shipping centre by 2015.
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Chennai congestion forces lines’ re-think
With severe congestion dogging DP World and PSA’s Chennai terminals, many shipping lines have sought alternative facilities.
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Capacity shortage cripples Indonesian ports
Shipping lines are unable to offer mainline services from Indonesia to North America and Europe because of a lack of port capacity, Jakob Friis Sorenson, president director of Maersk Indonesia, has claimed.
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TSB wins Busan community contract
Korea’s Total Soft Bank is to play a “key role” in BPA-NET, Busan’s port community system designed to “increase the efficiency of port operation”, to improve service quality, and create value-add. The company will provide software and service for the PCS.
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India’s major port shake up
Following India’s plan to create seven new deep water facilities, it also seems that its major ports, so named because they are government owned, may be facing a challenging reorganisation.
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ICTSI's automation boost
International Container Terminal Services, Inc (ICTSI) has stepped up terminal automation at its flagship Manila International Container Terminal (MICT) in the Philippines and Suape Container Terminal (SCT) in Recife, Brazil.
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Kalmar grows Chinese presence
Cargotec is continuing its growth in the competitive Chinese port equipment market through a new order from Cosco Pacific subsidiary Jinjiang Pacific Ports Development (JPPDC).
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NMP protests rental hike
India''s Shipping Ministry has been asked to intervene in the dispute between stevedores at New Mangalore Port and the Tariff Authority for Major Ports, which has attempted to increase port rentals retrospectively as of 2007.
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Sendai resumes international box operations
Partial international container services are due to resume on September 26 at the Japanese port of Sendai-Shigrama, following the restoration of domestic feeder services in June.
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APM Terminals offloads partial Xiamen stake
APM Terminals is to sell 25% of the stake it holds in the Xiamen Songyu container terminal in China.
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ICTSI's Portek share bought out by Mitsui
ICTSI has received $30m for its 16.9% stake in Portek International from new majority owner Mitsui & Co (97.04%).
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Five pre-qualify for Kalibaru
Five bidders have prequalified for the concession to build and operate Kalibaru Terminal at the Indonesian port of Tanjung Priok in a contract that will eventually be worth $1.37bn.
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Mormugao upgrades put on hold
Modernisation of the mechanical ore handling plant at the Indian port of Mormugao has been suspended.
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India commits $60bn to national ports
The Indian government has announced that, in partnership with the private sector, it is to invest $60bn into the national port network by 2020 to accommodate increasing levels of growth.
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Investor sought for new Jakarta port
The Indonesian state-owned logistics and industrial park developer, Kawasan Berikat Nusantara (KBN), is seeking an investment partner for a $235m port development in Marunda area of North Jakarta.
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Chinese box game for Sri Lanka
The Chinese presence in Sri Lanka has grown further with a US$500m deal to create the largest box facility yet. But it might not wear the crown for long.
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Gopalpur phase II development
The Orissa government is upgrading the port of Gopalpur and has announced a second phase of development work, which should be completed by March 2013. Investment of $791m will be required to allow the port to eventually handle 54m tonnes of cargo.
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Afghan trade costs Pakistan $579m
Pakistan believes that it has lost up to $579m in unpaid duties, tax evasion and pilferage by handling Afghan transit goods.
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Jakarta port expansion price rise
A $1.29bn expansion scheme in Jakarta has attracted interest from APM Terminals, despite a rise in project costs from earlier estimates of $1.03bn.