Asia – Page 66
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Yang Ming in Kaoshiung
Kao Ming Container Terminal Corporation has been awarded a 50-year BOT contract to operate the initial phase of the International Container Terminal at the Port of Kaohsiung, the port''s sixth container terminal. Investment of $458m is planned for what will be a four-berth facility.
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Chinese port work up and running
Work has begun on the new SP-PSA International Port joint-venture container terminal located on the Cai Mep-Thi Vai River in Vietnam. Development will be in two phases, with the first operational in 2009 and eventual capacity will be 2m teu.
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Qianwan development on the way
Work on the fourth phase of the Qingdao Qianwan container terminal development has begun.
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NewsColombo being swamped by containers
The Sri Lankan Port of Colombo desperately needs to move to 24-hour operation on a permanent basis to bring levels of efficiency up to its hub port status, claims the national exporters association.
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DP World active in Malaysia
DP World and the MMC Berhad Corporation have signed a memorandum of understanding to develop 9.125m sq m of land in South Johor, Malaysia. This will be used to develop a $5bn maritime centre.
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NewsChinese lines eye Sines
Increased Chinese imports are making operations at Portugal's only deep-water port of Sines ever more viable, claims concessionaire PSA.
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CMH active in Zhanjiang
Hong Kong-based China Merchants Holdings (CMH) has reached an agreement with the municipality of Zhanjiang to transform Zhanjiang Port Group into a private company, Zhanjiang Port (Group) Co Ltd, with a capital of $479m. CMH is paying $215m for a 45% stake in the joint-venture.
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NewsNorthport ups conventional cargo operations
Port Klang operator Northport is to invest $29m in enhancing its operational area for conventional cargo at Southpoint.
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28 eye Vizinjam
A total of 38 companies are reported to have requested the tender documents for a proposed international container terminal at Vizinjam. Maersk and PSA are among those interested.
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NewsIndian ports not performing
The Indian government is being criticised for its inability to implement a proposed $12.4bn ports upgrade plan to enable the country to keep pace with growth in traffic.
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SPLA in the dock
Sri Lankan Ports Authority and members of the Cabinet Appointed Negotiating Committee are being legally challenged on their decision to continue to evaluate a bid by Hutchison Port Holdings in respect of the South Container Terminal of the Colombo Port Expansion Project, despite the fact that the bid had been ...
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Jiangsu in capacity boost
Jiangsu Lianyungang Port Company in China is to invest $2.6bn over the next three years to boost capacity.
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Liquid gold for GIP
Private equity firm Global Infrastructure Partners (GIP) has agreed a joint venture with Zeus Infra-management, in a deal that includes a 74% stake in liquid storage specialist East India Petroleum Limited.
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Congestion in Calcutta
Congestion at Calcutta Dock System has become so bad that stacking of containers has been banned in the yard; instead, boxes must be immediately whisked to container freight stations (CFS) located nearby.
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Sweet deal for Nectar
UK-based bulk handling specialist Nectar Group Limited has entered into a joint venture with India”s United Shippers Limited.
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Port Klang wants to expand
Consulting firms have been asked to submit proposals to Port Klang Authority on a feasibility study of the development of a piece of land adjacent to Northport.
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Dhamra seeks foreign loan
Dhamra Port Company, is looking into the possibility of securing of foreign loan to fund dredging at the port project it is developing in Orissa.
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New Indonesian port attracts global interest
PSA, HPH, APM Terminals, SSA and CMA CGM have all registered to bid for the project to build Bojonegara Port in Indonesia.
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PaKistan's ports not competitive
A report compiled by the Pakistan''s Competitiveness Support Fund has warned that high costs at its ports could actually be damaging world trade.
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Chittagong in the ascendancy
Recent figures posted by Chittagong Port clearly show that productivity is improving following privatisation of Chittagong Container Terminal.
