Asia – Page 56
-
News
HPH invests in Karachi
HPH is to invest in estimated $457m in Karachi''s new Deep Sea Container Port, which will generate royalty payments of $1.1bn during the concession.
-
News
Schedule slips for fourth JN box terminal
The original bidding deadline of April 30 established by the Indian port of Jawaharlal Nehru for its proposed fourth container terminal is now been extended to June 1.
-
NewsPakistan project opens to tenders
June sees the opening of the tender process for Pakistan''s port optimisation project.
-
News
Box slump continues in Hong Kong
In March, Hong Kong registered its fifth consecutive month of falling container traffic. It handled 1.625m teu, equivalent to a decline of 18.9%. For the first quarter of 2009, throughput amounted to 4.542m teu, down 21.1%.
-
NewsGreenpeace warns of threat
A port development is about to threaten two sites of ecological significance in eastern India, environmentalist group Greenpeace has warned, despite their ''protected'' statuses.
-
NewsA chance for non-container cargoes to shine
Many of South East Asia''s key ports are taking advantage of the sliding box sector to focus attention on non-containerised cargo.
-
NewsAsia's year of thrift
South East Asian ports are tightening the purse-strings as the recession bites out east. Mike King reports
-
News
Wuhan mega-port go-ahead
The city of Wuhan is to invest $731m on the creation of a mega-terminal port complex, whose go-ahead has been approved by the state government.
-
News
Evergreen out of Kaohsiung
A report that claims the Evergreen Shipping Group is to pull out of Kaohsiung has been strongly denied by the company.
-
News
Shanghai and Ningbo in merger talks
The Chinese ports of Shanghai and Ningbo are reported to be in negotiations on a possible merger sometime in the near future.
-
News
Two Tianjin terminals merge
Tianjin Port Development (TPD) has acquired 56.81% of rival Tianjin Port Holdings, which also manages the Chinese Port. TPD is to issue new shares to finance the $1.4bn transaction.
-
News
Nine bid for Chennai
Nine bids were received to build the planned Chennai Mega-Container Terminal, which will be implemented as part of a build-operate-transfer contract lasting 30 years. The project requires investment of $730m over four years.
-
News
Ying Kou in massive Chinese investment
The Chinese Ying Kou Port Group is to invest $439m this year on building new ports and terminals, which include dry bulk and oil handling facilities.
-
News
Dalian port buys Jinzhou
The Dalian Port Group has confirmed it is to buy Jinzhou Port this year. In 2008, it was revealed that Dalian Port would acquire an 18.9% holding at the cost of $278m, making it the second largest shareholder.
-
NewsTo liberalise or not to liberalise?
Nazery Khalid weighs up the merits of a liberalised port tariff regime in Malaysia
-
News
More investment for Manila
Philippines terminal operator Asian Terminal Inc is to invest $14.9m on additional development at its Manila South Harbour facility. This will be spent on modern handling equipment and the addition of 1,000 square metres of operating area.
-
News
Malaysian operators to continue investing
Malaysian ports have scheduled investment of $1.61bn over the next few years. Of that, PTP has set aside $812m, while Port Klang operators are to spend $373m.
-
News
Gwadar to lose out to Chabahar
PSA has failed to implement its plan to have Pakistan''s Gwadar port fully operational by 2008, which has prompted a port authority official to suggest that the Iranian port of Chabahar may overtake Gwadar in becoming the hub port for the landlocked Central Asian states. For its part, PSA says ...
-
News
Northport to slow investment?
Reports suggest that Port Klang terminal operator Northport is considering delaying the upgrade of one of its harbour areas, because of current financial worries. This decision is not necessarily supported by the port authority, which believes that operators should be investing for the longer term.
-
NewsFirm financials from ICTSI
Philippines darling International Container Terminal Services Inc bucked the start of the economic downturn to produce strong 2008 year-end figures.
