Asia – Page 47
-
News
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.
-
News
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.
-
News
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 ...
-
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 ...
-
News
APMT eyes opportunities in Asia
APM Terminals has revealed that it is seeking either acquisition or joint venture opportunities in China, India and Vietnam.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
News
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 ...
-
News
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.
-
News
Foreign investment drive for Vietnamese ports
Vietnam is trying to attract both national and international investors in its public-private-partnership initiative for ports.
-
News
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 ...
-
News
The Philippines pushes full privatisations
Philippine Port Authority (PPA) is to privatise five ports in Visayas and Mindanao as a means of attracting private sector investment in infrastructure projects. To be put out to tender are Davao, Cagayan de Oro, Iloilo, General Santos and Ozamiz. All ports operated by the PPA are expected to be ...
-
News
New Mangalore box terminal to rise from ashes
New Mangalore Port Trust is reconsidering how to attract investors to build a new container terminal.
-
News
Chittagong efficiency in the firing line
Bangladesh''s Shipping Minister has put forward plans to boost efficiency at the port of Chittagong by the end of 2010, kick-starting the project with consultations with stakeholders.
-
News
Revenue up for Essar
The ports division of Essar Shipping Ports & Logistics Ltd has announced a revenue increase of 53% for the quarter, year-on-year.
-
News
PSA-Sical challenges Tuticorin exclusion
PSA-Sical has approached India''s Supreme Court to overturn an exclusion on bidding for the concession to convert Berth 8 at the port of Tuticorin into a container terminal. Given that the company already operates an alternative facility in the port, it was excluded from any future bidding on monopoly grounds.
