Asia – Page 57
-
NewsICTSI eyes expansion
Manila-based global port operator ICTSI hopes that experience of the Asian meltdown in the late 1990s will help guide it through the current economic crisis
-
News
Indian port commandos
Following last year''s terrorist attacks on the Indian city of Mumbai, all major ports in the country are to be guarded by their own elite marine commando units.
-
News
Major coal port for Vietnam
Vietnam''s Tan Tao (ITA) group has issued a tender for the construction of a power plant and sea port complex in Kien Giang province, some 300 kilometres from Ho Chi Minh City.
-
NewsCoal port logistics
Indonesia''s coal ports have forced a rethink on ''traditional'' handling options
-
NewsIndonesia poised for political battle on port reform
In what could be the most momentous change in Indonesia''s port history, the country is at last poised for political battle on port reform
-
News
Traffic up at Tianjin
Tianjin port in northern China handled 354m tonnes in 2008, compared with 300m tonnes in 2007. Container traffic, at 8.5m teu, was up 19.7%
-
News
Capital shortage holds up Saigon
Plans to move cargo terminals away from the Saigon River outside Ho Chi Minh City are unlikely to be fulfilled before 2010, because of a lack of investment capital.
-
News
Shanghai slow down reported
Shanghai Port handled around 28.5m teu last year, although had been forecast to reach 30m teu. This compares with 26.2m teu in 2007.
-
News
IDB backs Indonesian development
The Gabion Container Terminal (TPK) project at the Port of Belawan in northern Sumatra could receive up to $2bn in funding from the Islamic Development Bank.
-
NewsHPH might lose Manta
Hutchison Port Holdings has pulled out of the Thessaloniki terminal in Greece and is reportedly under investigation in Ecuador for allegedly failing to move on promised investments for the Manta cargo port.
-
News
Yingkou bond issue
Shanghai''s Yingkou Port Liability company is to issue $175m in corporate bonds with a maturity of 10 years, although this will depend on market conditions. The money will not be used to finance new projects, but instead allow the company to repay bank loans and supplement working capital.
-
News
CMH announces cut backs
China Merchants Holdings (International) is to cut back plans to develop terminals and also possibly adjust capital expenditure as the economic downturn begins to impact in China.
-
NewsShare swap-shop for HPH
A giant share swap-shop has been taking place between Hutchison Port Holdings (HPH), Nippon Yusen Kabushiki Kaisha (NYK), and the Evergreen group.
-
NewsBusan committed to global programme
Bucking the trend, Busan Port is to globalise its operations in the face of the economic slowdown.
-
NewsPhasing in a freight station
Eredene Group has invested in a new container freight station (CFS) close to the rapidly expanding Indian port of Ennore.
-
News
Rotterdam in Malaysian venture
Rotterdam Port Authority has signed a memorandum of understanding with Malaysia''s Palm Oil Industrial Cluster to develop the Port of Lahad Datu on the island of Borneo. The eventual port could cover an area of 5,500 hectares.
-
News
3i invests in India
The international investment group 3i is to buy a 24% equity stake in the Krishnapatnam Port Company for $200m. This company is to develop and operate a new port on India''s east coast.
-
News
Five in the frame for Tuticorin
Tuticorin Port Trust has shortlisted five companies for its second container terminal. These are: PSA-Sical (which operates the existing terminal), Oceanic Transport, Chettinad Logistics, Afcons Infrastructure and Larsen & Toubro. Investment of $62.65m will be required during the 30-year lease period.
-
News
Yangtze hub port opens
Yangkou Port has opened for business in China on a man-made Island in the Yellow Sea, which is linked to the mainland by a 30 kilometre causeway.
-
News
Major port development under way in Vietnam
Work has begun on building two deep water ports in Vietnam costing a combined $695m.
