Asia – Page 86
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NewsYICT improves truck entry/exit process
Port Community Cards (PCC) has been introduced for truck drivers to access Customs'' electronic gatehouse at Yantian International Container Terminals (YICT) and Shenzhen Customs. Using infrared technology, the card can automatically verify container data with the information stored in the Customs'' computer system. Beyond enhancing container management for shipping lines, ...
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SUPER POSTPANAMAX FOR PTP
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.Port of Tanjung Pelepas (PTP) has ordered three super post-Panamax quay cranes from IMPSA (Malaysia) together with RTGs the port's new phase 2 development ...
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$570M FOR SRI LANKA
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.The ADB is to lend $570 million to Sri Lanka a part of which is to be allocated to work at Colombo Port South ...
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Majors move further into China
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.Taiwan-based Evergreen group has sent a letter of intent to Ningbo Port Authority covering development of Phase 4 of its Beilun Port complex. The ...
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Ennore touts for business
About 25km to the north of Chennai, Ennore Port Ltd is to go out to tender for a 30-year BOT contract to build a brand new container terminal capable of accommodating vessels of up to 8,000TEUs. The facility, which will have an annual capacity of 6m TEUs, is being built ...
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NewsJNPT congestion..
JN Port''s two existing container terminals continue to suffer congestion problems with some 14,000TEUs rumoured to be effectively trapped within the various stacking yards because of insufficient block trains to move them.
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..and P&O Ports' CCCL at Chennai following suit
P& O Ports is also facing congestion problems at Chennai on India''s east coast, where feeder operators increased the congestion surcharge from $15 to $50/TEU as from July 15. Chennai International Container Terminal Ltd (CCCL) has been suffering from serious berthing delays and a drop in productivity following a strike ...
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Inflexible decision-making dogs Indian ports
India''s recently published Economic Survey 2003-2004 highlighted the main problems faced by the country''s 12 leading ports - Kolkata (Calcutta), Chennai, Cochin, Ennore, JNPT, Kandla, Marmagao, Mumbai, New Mangalore, Paradip, Tuticorin and Visakhapatnam - which handle 76% of national port volumes.
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NewsICTSI sees 100%+ increase in half-year profits
ICTSI has doubled its half-year profits compared to the same period in 2003. The company''s international operations in Gdynia, Poland and at Tecon Suape, Brazil made a significant contribution to the result. ICTSI reports that net profits for the first half of 2004 were $8m, up 101% compared with $3,98m ...
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IRANIAN DEAL FOR ALPS
Ironically, while PSA Corp is backing out of India - see preceding story - a consortium of Indian companies has taken their expertise overseas and signed a deal to set up a container terminal at the Iranian port of Chabahar.
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PTP REPORTS RECORD GROWTH
The Tecon Suape terminal reported profits for the first time with these following on from a significant increase in cargo throughput and positive management initiatives on the part of ICTSI to introduce more efficient operational procedures and working practices.Malaysia's PTP, Singapore's new rival, reported a 25% first half throughput increase ...
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SHANGHAI EXPECTS
The Tecon Suape terminal reported profits for the first time with these following on from a significant increase in cargo throughput and positive management initiatives on the part of ICTSI to introduce more efficient operational procedures and working practices.The latest traffic forecast from Shanghai estimates a container throughput of 14mTEU ...
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PSA pulls out of India
Indian port news is plentiful this month with the " ins and outs" of investment strategy, congestion issues, new development plans and mooted institutional change in port authority operating structures, all generating items of interest.
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P&O Ports signs for Bengal box terminal
The international terminal operator that has shown most commitment to India is P& O Ports and it has just reaffirmed this by securing the rights to become an investor in Bengal Port Ltd (BPL). In early August, according to a P& O Group announcement, P& O Ports signed development and ...
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PARADIP CLOSING DATE
15 September 2004 is the closing date for qualifying bids for a BOT project for the construction of a new iron ore export facility at Paradip on India''s east coast.
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SHENZHEN CONTINUES TO CLIMB
The Chinese port of Shenzhen reported a 32% first half throughput growth with a total of 6.06mTEU, in line with expectations. The port''s three terminals forecast reaching at least 13mTEU by the end of the year.
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PRIVATE PARTICIPATION POINTS THE WAY
Undeterred by the worries that have beset the Bombay Stock Exchange since a new government took power in India in May, port throughput volumes have continued to rise across the country, up 7% compared to last year, and it is the bulk industry which remains its main driver. Gavin van ...
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NewsDIRECT CALLS FOR NORTHERN BLACK SEA PORTS
Black Sea ports have traditionally been served by feeders out of Istanbul, Malta, Piraeus and even Gioia Tauro rather than being subject to calls from liner services. However, as the region increasingly sources its imports from China rather than Western Europe, shipping lines have reacted by establishing new liner services, ...
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INCHON PHASE ONE OPENS
Phase I of the Inchon Container Terminal (ICT), located 30km from the South Korean capital of Seoul, has opened for business.
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ADANI OPTS FOR SMALLER IRON ORE TERMINAL
China Shipping initially deployed 5,500TEU vessels on its Far East-North Europe service which called solely at Valencia.India's Adani Group has chosen the small Belekeri jetty in northern Karnataka state rather than the larger port of Mormugoa to concentrate exports of iron ore to China saying the facility is experiencing too ...
