Asia – Page 88
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News
APMT assumes control of Pipavav
APM Terminals, which currently holds a 12.5% stake in India''s first private port company, Gujarat Pipavav Port Ltd (GPPL), is to assume management control of operations as part of a restructuring plan which will also see it buy the 37% stake held by Sea King Infrastructure Ltd. However, with current ...
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NewsPortek and HPH unlock horns
Singapore' s crane leasing, engineering and terminal operating group Portek International seems to have patched up its relationship with the Hong Kong HPH group. Hutchison reportedly decided to end certain equipment leasing and maintenance agreements when Portek apparently attempted to woo Maersk Sealand away from HPH' s Tanjung Priok terminal ...
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Opportunities on hold following hung parliament in Phnom Penh
By any standards, port operations in the Cambodian capital of Phnom Penh, located on the confluence of the Tonle Sap and Mekong rivers, are low key. But that has not stopped port authority director Hei Bavy from outlining an ambitious strategic plan for the future.
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Kandla box terminal project losing steam
The US$46m container terminal project at the Indian port of Kandla, currently the object of a third BOT concession attempt, has attracted interest from just five local companies.
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NewsYICT loan facility finalised
Yantian International Container Terminals (YICT) has signed a $423m 5-year term loan facility with a consortium of banks. According to the Facility, the consortium which includes Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China and China Development Bank, will provide YICT with ...
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Tuticorin takes new look at hub status
The so-called Portalino is being operated by Fertimport, the state's leading grain handling stevedore. Following a trial period, the unloader has been able to achieve handling rates of 300 tonnes per hour, three times that previously reported in the port using either fixed and/or mobile pneumatic unloaders.PricewaterhouseCoopers and Ernst & ...
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Johor shows its mettle
The so-called Portalino is being operated by Fertimport, the state's leading grain handling stevedore. Following a trial period, the unloader has been able to achieve handling rates of 300 tonnes per hour, three times that previously reported in the port using either fixed and/or mobile pneumatic unloaders.Johor hopes its volumes ...
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New Chinese law eases foreign investment
China has introduced a new law which aims to make investment opportunities in its port industry more attractive.
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Maersk warns Indians
Steen Lund, Maersk' s senior vp Asia for line management, recently made some extremely high profile remarks to the press regarding what he sees as capacity bottlenecks at some container ports in India.
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New terminal capacity in Bangladesh
Chittagong Port Authority and the China Harbour Engineering Group have signed an agreement for the construction of the New Mooring Container Terminal at the port. Phase I, which will involve the building of a 1000 metre long quay and associated container terminal, will require development of a 22ha site at ...
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NewsScott Wilson in Hong Kong
Overall, he notes, Indian ports are beginning to lack competitiveness compared to other regional players, which places the country's overseas trade at risk.Phased operations have now commenced at CT9, Hong Kong's newest and largest container terminal. The last of the six new berths is to be completed and handed over ...
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PSA Corp interested in Vizhinjam
Overall, he notes, Indian ports are beginning to lack competitiveness compared to other regional players, which places the country's overseas trade at risk.PSA Corp has expressed a strong interest in investing in the proposed deep-sea container terminal to be built at the Indian port of Vizhinjam, which it claims demonstrates ...
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Gwadar scheduled for 2005
The new Gwadar port will commence operations, on schedule, in March 2005. The initial phase, costing $298m, will involve three operational deep-sea berths, with additional phases due to add up to nine more and is being built by Chinese engineers.
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NewsTHAT CHINA FACTOR AGAIN
With its sterling economic performance, China has overshadowed the region. But while China is a formidable rival in the battle for foreign investment, forcing several of its neighbours to make painful readjustments, it is also an ally. Its expansion has created fresh opportunities for Southeast Asian companies and countries, reports ...
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Colombo to bring in scanning equipment
"We've had the Port Security Facility Assessment done, " says security manager Denis Murphy. "It will be a month before TRANSEC come back with their written report." Murphy then has two months to put together a Port Security Facility Plan which will include all the berths on the river.As part ...
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$4 billion for Colombo
The majority of this would be spent on creating a breakwater, with some work to the quay.A report on a planned $4 billion development of Colombo port is due to be published. The project, which is being promoted by the Sri Lanka Export Development Board, will add a further 13 ...
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Joint Thai/ Myanmar port
The majority of this would be spent on creating a breakwater, with some work to the quay.Myanmar and Thailand are to cooperate on the establishment of a new joint-venture deep-sea port at Dawei in southern Myanmar. The project will go ahead as part of the economic cooperation strategy put together ...
