Asia – Page 74
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NewsChennai Port to build wind farm
Chennai Port Trust has announced plans to build a wind farm at a cost of $16.8m. The tender is due to be issued shortly for what will be the first project of its kind undertaken by Indian ports. Chennai Port annually consumes 30m units costing $6.7m, which the governing body ...
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News1,000,000th teu
International Container Terminal Services Inc''s (ICTSI) Manila container terminal celebrates hitting 1m teu for the fifth straight year, proof, it says, of the terminal''s recovering volume growth. ICTSI''s net income for the third quarter was $9.1m, up 25% over the corresponding period in 2005.
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Tianjin returns to PSA for expansion joint venture
Tianjin Port Authority has given its goahead for a third phase expansion of its container terminal at a cost of $840m. The project is being taken forward by Tianjin Port Pacific International Container Terminal, which is a joint-venture between PSA China (49%) and Tianjin Port Group (51%). It involves construction ...
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NewsNorthern lights
The port of Hong Kong is being eclipsed but its port operators are still raking it in through smart investments outside of the former number one hub
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NewsLocking horns
Three way tussle around Bohai Bay for box supremacy, as lacklustre port past is swept aside
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NewsLifting eastern fog
There''s more to eastern China''s ports scene than the massive Yangshan, with Taicang,Nantong and Nanjing leading the container pack
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NewsChasing shadows
China''s long shadow has cast traditional marketing strategies in neighbouring Japan,Korea and Taiwan into doubt. Wing Kah-goh finds out how their ports are fighting back
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NewsFighting talk
A five-year plan to boost Taiwan''s ports could move the island back into the premier league
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NewsUnited by Excess
Korean ports must come together to realise the nation''s goal of becoming the centre of Asia''s economic powerhouse
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Busan invites applications for third phase of popular industrial park
Busan invites applications for third phase of popular industrial park
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HPH barred from Mumbai bidding
Hutchison Port Holdings (HPH) will not be able to participate in the bidding for a new container terminal planned for the Indian port of Mumbai.
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SHANGHAI GROUP SEAL
APM Terminals and Shanghai International Port Group have signed an agreement giving the Chinese company a 40% equity stake in APM Terminals
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CHENNAI FAVOURS PSA CONSORTIUM
The PSA/Sical Logistics consortium is all set to be awarded the concession to build and operate the second container terminal at India''s Chennai port.The consortium''s 45% revenue share bid is the second highest ever made for a port project in India.
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CHINESE SNIFFING AROUND BARRANQUILLA
The Chinese government has expressed an interest in the port project being developed at Barranquilla in Colombia on the western bank of the river of the same name.The port will handle exported coal from the Caribbean coast and interior.
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ZAO RETURNS TO KONE
St Petersburg''s ZAO First Container Terminal has returned to Konecranes for two panamax ship-to-shore container cranes, to be delivered at the end of 2007 under a ¢ 10m order.
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All talk at Kochi as voice response system is installed
Rajiv Gandhi Container Terminal operated by India Gateway Terminal, has introduced an Interactive Voice Response System,linked to SMS and the tracking of containers via the internet.
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NewsLiebherr fixes sights on Indian subcontinent
Liebherr is looking to build on its position on the Indian subcontinent, keen to be involved in one of the fastest growing economies in the world, which is increasing by 6% a year on average.
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Japan Y22m commitment to support Sri Lanka projects
The Government of Japan has pledged a sum of Yen 21,559m to Sri Lanka under its Official Development Assistance loan scheme in support of development efforts of the country, including the first phase of the Galle Port Development Project.
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NEW TERMINAL FOR SOUTH KOREA
The South Korean port of Pyeongtaek is to build a new private container terminal. The work, which will be completed in 2009, will cost $143.1m.The terminal will be equipped with three quay cranes and have an annual capacity of 375,000 teu.
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MACQUARIE BUYS TERMINAL STAKES
Hanjin Shipping is to sell a 40% stake in six of its container terminals to Macquarie Korea Opportunities Fund. The facilities involved are at Seattle, Long Beach in Oakland in the United States; Tokyo and Osaka in Japan; and Kaohsiung in Taiwan.The cost of the transaction is $252.1m.
