Asia – Page 30
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Indian states advised to rein back on new ports
The government of the Indian state of Andhra Pradesh has revealed plan to build a further 14 ports along its 900km coastline.
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PSA first in Indonesia
PSA International, Mitsui, NYK and IPC have joined forces on the construction and operation of a new container terminal at Tanjung Priok Port, Jakarta, Indonesia under a newly established project company, PT New Priok Container Terminal One (NPCT1).
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Indonesia to develop 24 ports
Indonesia plans to develop 24 ports in the coming next five years, the South East Asian Nation''s president, Joko Widodo, has said.
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NewsIndonesia's $6bn ports commitment
Plans by Indonesia to spend up to $6bn on ports are an important sign of the value it places on infrastructure. The government needs 70tr rupiah ($5.8bn) to expand five major ports in north Sumatra, Jakarta, east Java, south Sulawesi and Papua to serve large vessels and build feeder lines ...
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NewsMalaysia sets its sights on ABP
It has been suggested that Malaysia’s largest state pension fund is to make a US$2bn bid for a stake in UK port operator, Associated British Ports (ABP).
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NewsBig plans for Busan
Busan Port Authority (BPA) says it’s ramping up development at the world’s fifth largest port - both to make it the logistics hub of Northeast Asia and keep up with projected demand.
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NewsPhilippines congestion limits US shipments
As congestion in the Philippines continues to worsen, Maersk Line has doubled its surcharge and is limiting shipments from the US.
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Thailand focus on small ports
Thailand plans to build an unspecified number of small ports to ease the cost of moving goods within the country.
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Reforms outlined for Indonesian ports
Indonesia should consider four new initiatives to build a world class port network, Hans Patuwo and Robert Carey, partners at McKinsey and Company have urged in an opinion piece in the Jakarta Post.
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Dawei firmly back on the agenda
General Prayuth Chan-ocha, Thailand’s Prime Minister, has visited neighbouring Myanmar for official discussions which included the development of Dawei Deep Sea port, Thailand’s official NNT, news agency said.
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NewsICTSI wins extra capacity at Manila
Despite all the troubles at Manila in terms of congestion and fines for overstaying containers, International Container Terminal Services (ICTSI), appears to be suffering no ill effects, in fact it has just been granted government approval to expand its capacity.
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India to revamp major ports
In India, the central government is to convert existing trusts at major ports to wholly corporate entities, with the Cabinet to rule on this soon.
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Pak Bara still waiting for approval
The proposed Pak Bara deep-sea port on Thailand’s Andaman coast is still waiting government approvals and necessary studies, a senior government official has said.
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NewsBoxing clever at Manila
The Philippines Port Authority (PPA) has started trucking out overstaying containers from Manila as per its promise to relieve congestion at the port.
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Asian container port congestion
Asian ports are struggling with the worst congestion in 20 years and this looks set to continue because of the complicated nature of vessel sharing arrangements.
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NewsDesperate measures at Manila
Word is that the Philippines Port Authority (PPA) will be fining importers for overstaying cargoes and then shipping the boxes out to buffer ports in a desperate attempt to relieve congestion.
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NewsBromma focus on Asian markets
Spreader specialist Bromma has taken the strategic decision to split its management team between Stockholm and Singapore to “be closer to this market”.
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NewsSlower growth for Chinese ports
Shanghai International Shipping Institute (SISI) says that during the second quarter of 2014, global ports suffered weak performance because of lower trade demand by Asia.
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NewsIndia's political push
A new government has the potential to do wonders for India''s port and terminal industry as Iain MacIntyre explains
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NewsPelindo II refuses to cancel HPH contract
State-owned Pelindo II has refused to bow to government demands to cancel a contract with Hutchison Port Holdings for Jakarta International Container Terminal.
