Asia – Page 45
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News
Eleven in the 10m teu club
In 2010, 11 ports registered traffic in excess of 10m teu. These were Shanghai, 29m teu (up 16%); Singapore, 28.4m teu (up 10%); Hong Kong, 23.3m teu (up 12%); Shenzhen, 22.5m teu (up 23%); Busan, 14.1m teu (up 19%); Ningbo, 13.1m teu (up 25%); Guangzhou, 1.5m teu (up 12%); Qingdao, ...
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Sinotrans to partner Nanjing port authority
Nanjing port authority has signed a contract with Sinotrans to undertake a $155m restructuring of the river port. Sinotrans will take a 45% stake in the new Nanjing Port Group; it already has a 10% stake in the new container terminal.
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NewsICTSI makes ‘best-managed’ list
International Container Terminal Services, Inc (ICTSI) was recently included in Euromoney’s Best-Managed Companies in Asia for 2011.
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Private sector key to Indian development
The Indian government believes that the private sector will handle half of the nation’s cargo by 2015.
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NewsKolkata lands in controversy
Troubles between Kolkata Port Trust (KoPT) and the state of Orissa’s local government about the port’s extension of its land are sparking threats of legal action.
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Mongla hub plan
UK-based Port Evolution Management Ltd has put forward a $794.5m plan to develop Bangladesh’s second most important port of Mongla. The scheme would involve building a container terminal, an oil terminal, a tank farm and a special economic zone. Work would be implemented over the next four years.
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Indonesia cuts port investment
Indonesia''s Ministry of Maritime Affairs and Fisheries had planned to build 40 ports in 2011, although only 12 will now go ahead. A budget of $14.3m is available and this will fund planned ports in North and South Sulawesi, East and South Kalimantan and Papua.
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Rizhao to launch private placement
A tender has been issued for the development of Beypore port, close to Kozhikode. Once completed, it will be able to handle ships of 20,000 dwt. Facilities will consist of 200m of berthing line, construction of which is estimated to cost $4.4m. The existing 4m draft is to be dredged ...
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News
Beypore tender issued
A tender has been issued for the development of Beypore port, close to Kozhikode. Once completed, it will be able to handle ships of 20,000 dwt. Facilities will consist of 200m of berthing line, construction of which is estimated to cost $4.4m. The existing 4m draft is to be dredged ...
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APMT eyes opportunities in Asia
APM Terminals has revealed that it is seeking either acquisition or joint venture opportunities in China, India and Vietnam.
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NewsQasim’s Terminal 2 opens
DP World’s new container terminal in Port Qasim near Karachi in Pakistan has officially opened, extending capacity at the port to 1.2m teu from around 900,000 teu.
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NewsGreen light for Chinese investment in Taiwanese ports
Taiwan is to conditionally allow Chinese businesses to invest in build-operate-transfer projects at its ports from this year, according to government officials.
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NewsYangtze throughput rise
Statistics from the Yangtze River Administration show that throughput of general cargo via the major ports along the Yangtze trunk line has been growing substantially.
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NewsSri Lanka hot for port development
Sri Lanka is to press on with further port development following what a top government official described as the ''striking development'' of ships at the just-opened Hambantota port.
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NewsThai shipper buys into Vietnamese port
Dry bulk shipper Thoresen Thai Agencies is to spend some 346.38m baht ($12m) to buy a strategic stake in Vietnam’s Baria Serece, which controls Phu My port, it has confirmed.
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NewsThird time’s a charm for Vizhinjam
India’s Vizhinjam Port has invited tender bids from the 31 companies that submitted expressions of interest for operating the proposed port.
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China to fund Bangladesh projects
China is backing construction of a new deep sea port at Sonadia, near Cox''s Bazar in Bangladesh, and a project to build a new highway from the Indian port of Chittagong to Kunming, in China. Bangladesh relies on the Port of Chittagong for external trade, with under-utilised Mongla port the ...
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Karachi cuts port fees
Karachi Port Trust has reduced port fees by 20% as a means of attracting more customers. The port will now charge $2.34 per TEU and $0.14 for every non-containerised ton.
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Foreign investment drive for Vietnamese ports
Vietnam is trying to attract both national and international investors in its public-private-partnership initiative for ports.
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Third Chennai box terminal approved
India''s Cabinet Committee on Infrastructure has given the green light for a project to build a large new container terminal in the port of Chennai. This will require investment of $800m and will be offered as a build-operate-transfer project, as part of a 30-year concession. Construction will take seven years ...
