Asia – Page 59
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Chittagong concession
A 30-year concession to operate the recently built New Mooring Container Terminal at Chittagong Port is to be offered to the private sector.
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Japanese to build Vietnamese terminals
The Cai Mep container terminal and the Thi Vai general cargo terminal at the Vietnamese port of Cai Mep-Thi Vai are to be built by two Japanese joint ventures. Of the total $718m cost of the port, $328.5m will be financed by the Japanese Bank for International Cooperation, with the ...
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CMA CGM in Tianjin development
CMA CGM subsidiary Terminal Link is to undertake a 50-year joint venture with Tianjin Port Development Holdings (TPDH) and Grand Asia International Shipping to manage a new container terminal at the port of Tianjin. The three-berth facility will be situated in Binhai New Area. Projected investment is $215m, of which ...
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PIA turns over Mindanao port to ICTSI
Phividec Industrial Authority (PIA) has formally handed over Mindanao Container Terminal (MCT) to Mindanao International Container Terminal Services Inc (MICTSI) at a ceremony held at the MCT berthside attended by Phividec officers, shipping lines and local government officials.
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'Green' option for Mumbai and Delhi
Arshiya International has ordered seven E-One+ rubber-tyred gantry (RTG) cranes and 10 DRF450 reachstackers, complete with maintenance agreements, from Kalmar. The new ''green'' units will initially be deployed at Arshiya''s Free Trade Warehousing Zones (FTWZ) in Mumbai and Delhi. Some of the equipment will eventually be used at three new ...
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100% box scanning for Karachi?
Following a successful pilot programme at the Pakistani port of Qasim, US officials are now extending measures to scan all US-bound containers at the port of Karachi.
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Kochi copes with congestion
If a container is left in the stacking yard at the port of Kochi for more than 15 days, it will now automatically be moved to a private container freight station as a congestion-busting measure.
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NewsSlowdown in Yangtze Delta
Ports in the Yangtze River Delta have reported a slowdown in container throughput growth in the first half of this year.
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NewsNew bids for Chennai box terminal
Chennai Port has invited fresh bids for its Mega-Container Terminal after changes to the terms and conditions of the concession pushed the forecast cost up to $787m.
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Haicang project sold
Xiamen International Port Company is to sell a project that it is developing in Haicang port to Haicang International Container Terminals Ltd for $59.6m. The project includes Berth 1, which will become a container handling facility.
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Colombo South Port development under way
Tenders for the new Colombo South Port development are expected to be issued soon.
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NewsTanjung Priok branded 'unsafe'
Indonesia''s director-general of Customs and Excise has branded Tanjung Priok as "unsafe", because unauthorised visitors are able to move freely into the restricted areas, if they are prepared to bribe officials.
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No IPO for Ningbo
The current weakness of global markets means that China Ningbo Port Group will not undertake an initial public offering this year, according to China Merchants Holdings, which holds a 5.4% stake in the company. The IPO is, however, needed to raise money to fund expansion.
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NewsHPH abandons Indian plans
A "confusing" operating climate in India has not deterred Hutchison Port Holdings from considering future investment options in the country, the company has confirmed.
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Russia-North Korea tie-up
State-owned Russian Railways has set up a joint venture with the North Korean government to build a container terminal at the port of Rajin, as well as modernising the port''s rail link. The terminal is expected to handle up to 400,000 teu/year.
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SIPG Taichang link
The Shanghai International Port Group has been linked to a container terminal development project in the port of Taichang, which reported throughput last year of 1m teu. Growth of 60% has been reported for the first six months.
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Karnataka's minor port focus
India''s Karnataka state government has announced a policy of developing minor ports by using private sector participation. Build-operate-transfer contracts are to be made available to interested developers.
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Diamond loses its sparkle
The cost of building a 1.6m teu capacity container terminal at Diamond Harbour, 40 kilometres downstream from Calcutta, has doubled to $292m.
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APM abandons Kaohsiung terminals
Kaohsiung Harbour Bureau has revealed that APM Terminals is to abandon one of the two container terminals that it operates at the port.
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China port deal
Chinese port operator Chongqing Gangjiu is to acquire the port assets of its parent company for $218m. The move is aimed at strengthening its finances and improving its profitability.
