Asia – Page 30
-
News
Global port expansion expected in 2014
This year could mark the “first year for the expansion of global ports” since the worldwide economic crisis, according to the Shanghai International Shipping Institute.
-
News
BNCT powers on with expansion project
Korea’s BNCT is pushing ahead with development works despite having 400,000 teu of spare capacity available.
-
News
Bond and IPO opportunities in the Far East
Indonesian port operator Pelindo III, which is responsible for facilities in the central and eastern parts of Indonesia, is to issue $400m in bonds this year in both US dollar and rupiah denominations. This will be used to finance the company’s port expansion projects.
-
NewsStrategic partnerships to build Hong Kong hub
Hutchison Port Holdings (HPH) Trust is working to strengthen Hong Kong’s position as a long-term transhipment hub through strategic partnerships with COSCO Pacific and China Shipping terminal Development Company (CSTD).
-
NewsAdani to build on Indian East coast
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest private port operator, is working to strengthen its position on the country''s East coast with a new container terminal at Ennore Port.
-
NewsManila port operations under strain
Two of Manila''s largest ports are struggling with backlog created by an expanded truck ban enforced by the government on Monday, and worsened by truckers'' protests.
-
NewsPSA and JNPT get back on track
Singapore’s PSA International Ltd is to develop the fourth container terminal at Jawarharlal Nehru Port in India – a contract that was originally terminated back in 2012.
-
NewsPSA set to boost Indian presence
A spokesperson for Singapore''s PSA International has confimed to Port Strategy that the operator has been named as the successful bidder in the tender for container operations at the Union government-run Kolkata Port in India.
-
NewsWestports profits up by 19%
The Malaysian operator Westports reports that its profits for the last quarter of 2013 were up by 19% on the previous year owing to increased container volume.
-
News
Vietnam urged to adopt double strategy
Vietnam is being urged to adopt a twofold strategy in tackling the problems in its port sector, a senior shipping source has said.
-
News
‘Exciting and challenging’ year for PSA
PSA International celebrated a 2.9% increase in container handling volumes in 2013, handling 62m teu with growth at both its flagship Singapore hub and at terminals outside of the group’s home base.
-
NewsTaiwan works to promote its ports
Taiwan International Port Corporation (TIPC) is looking to promote the country’s port status through a series of ‘green’ strategies.
-
NewsChennai project fails to attract bidders?
Apparently the tender process to develop a disused coal terminal at the Indian government''s Chennai port has ended with no bids being received.
-
NewsJakarta port strike
Media reports suggest that more than a hundred port workers are on strike at Jakarta’s Tanjung Priok Port, but apparently there is no disruption to operations.
-
NewsEssar Ports set to boost east coast presence
Essar Vizag Terminals Ltd, part of Essar Ports, is to develop three iron ore berths at Visakhapatnam Port – a deal which will help boost its east coast presence.
-
News
ICTSI divests Cebu shares
International Container Services (ICTSI) has divested its entire interest in the Philippines port operator, Cebu, to a member of the conglomerate Jardine Matheson Group of Hong Kong.
-
NewsKandla bid triggers rivalry concerns
Kandla Port board trustees could reject Adani Ports and Special Economic Zone Ltd’s (APSEZ) initial bid for the development of a new container loading facility, local media suggests.
-
NewsShenzhen poses a threat to Hong Kong
Hong Kong’s competitiveness looks to be hanging by a thread as port authorities in China’s Shenzhen work to persuade carriers to skip the country as a transit hub and do business directly with them.
-
NewsTyphoon hit port gets assistance
International Container Services (ICTSI) has stepped in to help rebuild and re-equip the Port of Tacloban following the damage caused by Typhoon Haiyan to help ensure safe delivery of humanitarian aid.
-
NewsStill room for improvement on Indian port policy
Despite positive moves to reduce the red tape tying up port development, India still needs to do more before it can take its place on the world logistics stage, according to an analyst.
