Asia – Page 35
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China supports Bangladesh development
Bangladesh has sought China''s help for better connectivity which includes building of a new deep-sea port at Sonadia, 140 km south of the current hub at Chittagong
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NewsDP World bags new terminal at JN Port
DP World has been awarded a new terminal project at Jawaharlal Nehru Port in Mumbai, by the Jawaharlu Nehru Port Trust (JNPT).
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PSA ploughs S$3.5bn into automation
PSA Singapore Terminals is to invest S$3.5bn in automation and intelligent technologies in Phases 3 and 4 of its Pasir Panjang Terminal.
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Ennore to issue bonds and undertake IPO
India''s Ennore Port Ltd is to raise tax-free bonds worth $185m to fund expansion and infrastructure projects.
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IPO to fund Port Klang expansion
Westports Malaysia is to raise $500m through an IPO in the second quarter of next year.
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Pelindo II to sell off box terminal holdings
Indonesian state holding Pelindo II is reported as preparing to sell off its subsidiary, Multi-Terminal Indonesia, which manages its logistics activities, as well as container and multi-purpose terminals.
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Dawei mega-port still forging ahead
Thailand is to push on with the Dawei mega-port project in a joint venture with the Myanmar governmment.
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HPH Trust shares a “buy”
Financial advisers Maybank Kim Eng have allocated a "buy" rating to Hutchison Port Holdings Trust’s shares.
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DPW lone bidder for new JNTP terminal
Only DP World has entered a bid for the new $114m container terminal at the Indian port of Jawaharlal Nehru.
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Cai Mep productivity increase
Vietnam''s Cai Mep International Terminal recently managed to achieve productivity of 45.63 moves per hour on vessels operating the direct route to the US.
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Thai funds set to raise $3.2bn
Four Thai state enterprises, including the Port Authority of Thailand, will raise as much as Baht100bn ($3.2bn) in new capital through infrastructure funds, according to the State Enterprise Policy Office (Sepo).
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Vietnam port authority on the cards
Vietnam''s Ministry of Transport will establish a Port Authority in a bid to get seaport development plans back on track and boost the logistics sector, official media have reported.
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Singapore to consolidate boxes at Tuas
The government of Singapore has confirmed its intention to consolidate all container handling at a new port, Tuas, which should go into operation within the next 10 years.
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NewsIndian power plays to bulk ports
The pull of Indian power is having an impact on the subcontinent’s port operations. Stevie Knight looks at the issues around both solid and cooled liquid energy sources
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Haldia's workers suffer after volumes decrease
Haldia Bulk Terminals has announced it is to lay off 275 workers after a slump in volumes through the port.
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Hong Kong provides pollution reduction incentives
From 26 September 2012, ships calling at Hong Kong will be eligible for a 50% reduction in port facility and light dues if they switch to cleaner fuels while at berth under a three-year incentive programme.
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NewsPSA walks away from Indian project
It seems that the battle over India’s tariffs has resulted in PSA International and ABG walking away from Jawaharlu Nehru Port’s fourth box terminal with the port trust recommending they be barred from further Indian projects.
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Chinese to operate out of North Korea
China''s state-owned Yanbian Haihua Group has purchased the rights to make use of two berths at the North Korean east coast port of Chongjin.
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NewsNew operators entering the arena?
The latest Drewry Annual Review of Container Terminal Operators may reveal no change in terms in the ranking of the top five operators, but the big four are slightly down on the previous year because of the emergence of some other large players.
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NewsHas JNPT terminated PSA’s contract?
Port Strategy has learned that Jawaharlu Nehru Port Trust (JNPT) may have terminated the contract awarded to PSA International Pte Ltd for the fourth terminal at JN Port.
