Asia – Page 78
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POTENTIAL TAX BREAKS ON OFFER AT GWADAR
Pakistan''s government is considering extending tax and investment packages to benefit Gwadar Port, although no details are to be released in the near future. In addition, the Minister responsible has made it known that operations at the port will almost certainly be privately operated and that negotiations were underway already ...
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Pakistan seeking a conduit role
The government of Pakistan has asked Karachi Port Trust, Port Qasim Authority and Pakistan National Shipping Corporation to put forward plans to make the country''s ports and shipping industry more efficient and cost-effective as soon as possible. The government has already introduced reductions in port and freight charges to boost ...
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SETHU CANAL TO GET EXTRA DREDGING
Pakistan's Standing Committee on Ports and Shipping has praised the recent performance of Port Qasim Authority, saying the port has proved itself to be very efficient, cost competitive and having great potential vis-a-vis competing regional ports. The committee also emphasised that established procedures were being followed and that the PQA ...
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..AND NEW EQUIPMENT TOO
Calcutta Port Trust is to undertake a major investment in the Calcutta Dock System, involving MHCs, RTGs, reachstackers and terminal tractors/trailers. One RTG will enter operation by May, bringing to four the number of RTGs available within the Dock. At present, there are seven reachstackers operational. of which two are ...
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PENANG
This will enable financial closure to take place for the first phase of the port project five years after it started operations in April 1999.Completion of the North Butterworth Container Terminal phase 2B is expected to boost cash flow at Penang Port Sdn Bhd by up to US$24m. The cash ...
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New box terminal for Kaoshiung
Kaohsiung Harbour Bureau has issued terms covering bids for the first phase of the new International Container Terminal.
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CMA CGM eyes Indonesian hub port project
CMA CGM is now the only party interested in setting up an international hub port at Batam in Indonesia. Other potential investors failed to put forward bids for what is a US$218m project.
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NamPort secures US loan
Walvis Bay: another aspiring hubThere are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.The United States Trade and Development Agency has awarded Namibian Ports Authority (NamPort) a grant of $400,000 for port development and expansion projects. NamPort is trying to ...
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SHANDONG
Sustained strong demand for Australian coal has led to a need for capacity expansion at the terminal to meet the needs of existing and potential mining customers.Shandong Province in eastern China is to invest US$3.8bn in port and road construction in 2006. Of this, US$1.2bn is earmarked exclusively for port ...
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QINGDAO
Sustained strong demand for Australian coal has led to a need for capacity expansion at the terminal to meet the needs of existing and potential mining customers.According to Maersk, the Chinese port of Qingdao is the most efficient in the world, achieving hourly berth productivity of 181 moves. The port ...
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VIZHINJAM
Sustained strong demand for Australian coal has led to a need for capacity expansion at the terminal to meet the needs of existing and potential mining customers.A Chinese consortium has been given the go-ahead to develop the proposed international container transhipment terminal at Vizhinjam in Kerala on the southwestern Indian ...
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No Bojonegara rethink
Reports that the Indonesian government is postponing construction of the planned deepwater port of Bojonegara have been denied by officials.
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Bidding for a strategic vision
Fourteen bidders have submitted tenders for the development of Chennai port.
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DP World's bid prevails over PSA
DP World were left with a clear shot at P& O Ports after the withdrawal of PSA International''s bid. Singapore''s PSA decided it would not be increasing its 470p per share bid for P& O, after Dubai''s DP World scuppered their offer in just 12 hours with a rival one ...