Asia – Page 68
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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 ...
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MYANMAR DEEP AMBITIONS
Myanmar is to build a new deep seaport on its western coastline at Mayday island near Kyauhphyu. Privately-owned Asian World will undertake construction; it originally carried out the project survey.
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LIANYUNGANG BOND ISSUE
Jiangsu Lianyungang Port Group, parent of Shanghai-listed Lianyungang Port Co Ltd (SHA 601008), has issued Yuan400m ($53m) worth of 365-day discount bills on the interbank bonds market to optimise its loan structure.
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NewsCochin hits back at labour rebels
Cochin Port Trust has introduced a raft of new measures aimed at improving productivity, especially in the container terminal.
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Busan New Port secures Maersk calls
The fortunes of DP World flagship facility Busan Newport (PNC) have improved with confirmation that the world’ s largest containerline is moving in.
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Vizinjam tender
The Indian ports minister has confirmed that the tender process for the development of the Vizinjam container terminal at the port of Thiruvananthapuram will be completed by the end of the current year. In all, 43 international and domestic companies have shown an interest.
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NewsMuch stick, little carrot
Saddled by high costs and an uneven playing field for foreigners, India’ s awkward attitude to port development is turning away manufacturers, reports Wing Kah-goh
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NewsChina comes to Pakistan's rescue
With a world-class deepwater facility, bankrolled by the Chinese, now up and running at Gwadar in the southwest of Pakistan and PSA International as its operator, the government is now working out the details of a fourth major port. The Pakistani government continues to sift through the bids for a ...
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NewsWake-up call
Time for a serious rethink on regulating port pricing in India’ s major ports. Mike Mundy explains why
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NewsPersonal banking
India needs to capture private sector investment if it is to realise its full future potential. Gordon Feller reports
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Wrangles over proposed Dharma port
Indian steel manufacturing giant Tata has stoutly defended its plans for a new steel and ore port at Dhamra, in the eastern Indian province of Orissa, in the face of environmental protests.
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Busan dredging need confirmed
A feasibility study on dredging at Korea’ s Busan port has verified the need for deepening at selected berths at Shinsundae Container Terminal, Gamman Container Terminal, Shingamman and Jasungdae.
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Cang Viet Port to be rebuilt
Vinashin is to invest $93.8m to rebuild Cang Viet Port in Vietnam. This will allow it to handle 2m tonnes of cargo per year and receive vessels of up to 10,000 dwt.
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ICTSI secures Subic
ICTSI has won a Subic Bay container terminal concession after the Subic Bay Metropolitan Authority declared that it had received no challenge to its bid contract by the deadline in June.
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Philippine x-ray vision
The customs authorities in the Philippines are to introduce 10 new x-ray scanners at eight ports. These have been approved by authorities in the US.
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Portek orders net S$5.3m
Equipment provider Portek has confirmed orders for container cranes, hardware installations and crane upgrades and repairs in Columbia (South America), Sri Lanka, Singapore and Malaysia, in orders worth a total of S$5.3 million ($3.5m).
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Malaysia's Northport expands facilities
Port Klang’ s Northport has introduced a € 110m ($148.1m) expansion programme, which aims to boost container handling capacity, in addition to that of other cargoes. Investment will take place over the next three years, funding development of a new 350 metre long container berth, which will bring to 3,600 ...
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Singapore property price pull
Property prices in Singapore could make it difficult for authorities in that country to expand port facilities in the longer term, claim experts in Malaysia.
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Shanghai now number two
Shanghai has overtaken Hong Kong to become the second largest container port in the world.
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Japan funds Angolan rehab
Japan is to provide $65m to rehabilitate the Southern Angolan ports of Lobito and Namibe by 2010. According to Japanese consultants, Lobito needs $35m of upgrading work and Namibe $30m.
