Asia – Page 67
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Two new deep-sea ports for Vietnam
Vietnam National Shipping Lines is to build a deep-water port in the Van Phong industrial development zone requiring $184m of investment.
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Sixth box terminal for Kaoshiung
Yang Ming is to invest more than $360m in what will be the sixth container terminal at the port of Kaohsiung.
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Malaysia eases equipment sourcing restrictions
The Malaysian Ministry of Finance has suspended the law requiring port authorities to source gantry cranes from one nominated manufacturer, on the back of complaints from ports who have experienced serious delivery delays.
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Indian partner complements Gulftainer's expansion plans
United Arab Emirates-based terminal operator Gulftainer has inked an agreement with one of the fastest growing corporate entities in India to broaden its reach in the ports and transport arena.
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Cosco to set up transhipment hub in the Philippines
Cosco is looking into the possibility of establishing a major new transhipment hub in the Philippines, which would require investment of up to $3bn.
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PSA investment supports local economy
PSA''s S$5bn ($3.3bn) decade-long investment in Singapore''s Pasir Panjang Terminal will take the operator''s total handling capacity to 35m teu when completed in 2009 and supports some 6,000 jobs locally, according to Kuah Boon Wee, PSA chief executive Southeast Asia and Singapore Terminals.
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Penang Port to be privatised
Konsortium Logistik Bhd, a consortium of senior executives, and a listed state company have all bid to take over Malaysia''s Penang Port Sdn Bhd. 
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Adani Group in IPO
The Adani Group is expected to undertake an initial public offering worth $371m in October in respect of its Mundra Port and Special Economic Zone Ltd Co.
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"Serious" container capacity shortfall caution
Drewry Shipping Consultants has warned of an imminent "serious" global container terminal capacity shortage in its Annual Review of Global Container Terminal Operators 2007.
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Eight berths shut down at Karachi
Closed Karachi berths deemed unsafeBerths 10 and 4, which were both more than 40 years old, collapsed during heavy rain in August, prompting the Port Trust to close six others of similar vintage.Karachi had a total of 27 berths and three oil piers, but will now have to work hard ...
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CHINA GROWTH EXPLOSION
China’ s Ministry of Communications predicts that domestic ports will be handling 6bn tonnes by 2020 compared with 3.95bn tonnes in 2006. It also anticipates an increase in the amount of foreign investment in the ports industry over the coming years. At the same time, Chinese port companies are expected ...
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RUSSIA SIDELINES UKRAINE
Russia is to invest $1.2bn on a new dry port in the Krasnodar region as a means of reducing the amount of domestic coal and containers shipped from ports in Ukraine. The government eventually wants to build a new port near Taman. Meanwhile, the Russian government has committed itself to ...
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VLADIVOSTOK BOX TERMINAL
Container Service of Vladivostok is to open a new container terminal at the port in mid-2008 capable of handling 100,000 teu annually. ZPMC has been asked to provide both gantry and yard cranes as part of a $15m contract.
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CHENNAI CAR TERMINAL
Six foreign companies and nine Indian companies have indicated in interest in the project to develop a RoRo car terminal at the port of Chennai costing € 142m ($193.7m). This will be undertaken on a BOT basis for a 30-year concession.
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EVERGREEN KAOHSIUNG COMMITMENT
Evergreen Marine Corp has extended its lease on one of its Kaohsiung, Taiwan facilities for 11 years and one month. The terminal occupies over 400,000 sq m of land and provides three berths with a total quay length of 815m.
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World Bank singles out ICTSI success
Philippines-based International Container Terminal Services Inc (ICTSI) has been praised by the World Bank for its successful public-private-partnerships in South America, Africa and Europe. 
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Go slow on Vietnamese port projects
A lack of concrete progress on many of Vietnam’ s proposed port projects is being blamed on consultants. 
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Indonesia plan to develop 25 international ports
The Indonesian Transport Ministry says it will develop 25 of the country’ s 141 ports into international facilities over the next few years. 
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Bidding war for new Pakistani deepsea port
Concerns have been raised over the bidding process for the Pakistan Deep Sea Container Port, which appears to have allowed some companies to simultaneously enter more than one bid. 
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KLANG TO EXPAND NORTHPORT
Port Klang Authority is seeking consultants to carry out a feasibility study on developing a plot of industrial land next to Sungei Puloh. This will be incorporated into the Northport concession. The area in question covers 800 hectares and has sea frontage, and is located just to the north of ...