Asia – Page 47
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India invests in ports
India is to invest $20.8bn on 276 port projects at 13 major harbours across the country. Of these, 22 projects are already at the tender stage and most will be implemented as public-private partnership agreements.
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Karachi investment
The World Bank has endorsed $115.8 million for the Karachi Port Improvement Project.
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Disinterest in Indonesian projects
Only one of 12 ports offered by Indonesia''s National Development Planning Agency (Bappenas) has received interest from potential investors as part of potential public-private partnerships.
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Tianjin in major expansion project
The north-eastern Chinese port of Tianjin is planning a $1.95bn expansion. This will also involve the creation of an extensive logistics network, connecting it to 16 inland ports. For this year, the forecast is for the port, the third-largest in China, to handle 400m tonnes.
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NewsICTSI rebuffs Manila accusation
Claims that construction of ICTSI''s new berth 6 at Manila is illegal have been rejected by the terminal operator – and waters have been calmed by the Mayor.
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Greenfield development setbacks at Indian ports
In 2009-2010, the private sector handled 34% of all cargo passing through India''s ports, compared with 27% in the previous year, a figure which is expected to rise to 50% within the next five years, according to new figures.
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Congestion crisis deepens at Chittagong
A monitoring committee consisting of major port stakeholders has given Chittagong Port Authority a list of nine recommendations aimed at improving efficiency at the congested port.
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India celebrates first e-terminal
DP World-operated Chennai Container Terminal has become India''s first e-terminal. Customers using the terminal can now undertake many standard paperwork actions online, including basic container tracking services.
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Single bid for Ponnani development
Just a single investor has responded to the Kerala government''s tender aimed at finding a private sector partner to help develop the port of Ponnani, Chennai-based High Valley Infra Projects. An estimated budget of 7.6bn will be required to develop the port, which will then be able to accommodate vessels ...
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Dawei port go-ahead
Thailand and Burma have signalled they will press on with joint development of the Dawei deep-sea port on Burma''s Andaman Sea coast, according to official reports.
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PSA fails to attract traffic to Gwadar
Pakistan''s new Gwadar port has been struggling to attract shipping lines, a failure that sources close to the port blame on poor marketing.
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NewsNingbo floatation smaller than planned
Although smaller than originally planned, Ningbo Port Company has raised Yuan7.4bn ($1.1bn) from its Shanghai floatation which was 20% reduced from its original offering of 2.5bn shares.
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Colombo’s deep water
Sri Lanka has awarded a contract for a new deep-water container terminal in Colombo port to a consortium made up of China Merchant Holdings International and conglomerate Aitken Spence.
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New reefer facility for Davao
Handling of the growing fruit trade in the Port of Davao, the main transit point for Philippine bananas, is being assisted by a new reefer facility at the Sasa Wharf operation.
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Computer glitch hits Manila
ICTSI has attributed recent traffic jams at its Manila International Container Terminal to computer glitches, which it characterises as being "minor" and "intermittent" in nature.
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India to triple capacity within 10 years
India’s shipping minister has announced plans to triple capacity within the next 10 years, stating that ports are vital to sustain India''s economic growth. Capacity will be boosted to 3.2bn tonnes as part of the plan, exact details of which will be issued at the end of September.
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NewsChinese ports to benefit from waterways push
The prominence of China’s river ports is to increase as a result of rising fuel prices, worsening road congestion and a search for greener forms of transport, according to a new report.
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China Merchants to operate Colombo terminal
China Merchants Holdings (CMH) has signed a $450m deal with Sri Lanka Ports Authority (SLPA) and the local conglomerate Aitken Spence to build a new container terminal at the port of Colombo.
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Mundra to get major investment
The Adani group is to invest $1.2bn in the Mundra Port and Special Economic Zone over the next five years. The aim is to reach 200m tonnes in throughput by 2020.
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NewsJapan to establish ‘super-ports’
The Japanese government is to create two mega-ports, labelling them International Strategic Freight Ports.
