Asia – Page 68
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NewsPersonal banking
India needs to capture private sector investment if it is to realise its full future potential. Gordon Feller reports
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Wrangles over proposed Dharma port
Indian steel manufacturing giant Tata has stoutly defended its plans for a new steel and ore port at Dhamra, in the eastern Indian province of Orissa, in the face of environmental protests.
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Busan dredging need confirmed
A feasibility study on dredging at Korea’ s Busan port has verified the need for deepening at selected berths at Shinsundae Container Terminal, Gamman Container Terminal, Shingamman and Jasungdae.
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Cang Viet Port to be rebuilt
Vinashin is to invest $93.8m to rebuild Cang Viet Port in Vietnam. This will allow it to handle 2m tonnes of cargo per year and receive vessels of up to 10,000 dwt.
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ICTSI secures Subic
ICTSI has won a Subic Bay container terminal concession after the Subic Bay Metropolitan Authority declared that it had received no challenge to its bid contract by the deadline in June.
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Philippine x-ray vision
The customs authorities in the Philippines are to introduce 10 new x-ray scanners at eight ports. These have been approved by authorities in the US.
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Portek orders net S$5.3m
Equipment provider Portek has confirmed orders for container cranes, hardware installations and crane upgrades and repairs in Columbia (South America), Sri Lanka, Singapore and Malaysia, in orders worth a total of S$5.3 million ($3.5m).
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Malaysia's Northport expands facilities
Port Klang’ s Northport has introduced a € 110m ($148.1m) expansion programme, which aims to boost container handling capacity, in addition to that of other cargoes. Investment will take place over the next three years, funding development of a new 350 metre long container berth, which will bring to 3,600 ...
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Singapore property price pull
Property prices in Singapore could make it difficult for authorities in that country to expand port facilities in the longer term, claim experts in Malaysia.
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Shanghai now number two
Shanghai has overtaken Hong Kong to become the second largest container port in the world.
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Japan funds Angolan rehab
Japan is to provide $65m to rehabilitate the Southern Angolan ports of Lobito and Namibe by 2010. According to Japanese consultants, Lobito needs $35m of upgrading work and Namibe $30m.
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NewsPTP positions itself for box dominance
The government of Malaysia is to rationalise traffic at the ports of Tanjung Pelepas and Johor. The former will henceforth concentrate purely on container traffic, while Johor will specialise in non-containerised cargo. Both are owned by MMC Corporation.
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Chinese capacity constraints
Chinese experts predict that by 2010 national ports will be handling 8bn tonnes of cargo annually and 170m teu. Existing capacity is for 5.6bn tonnes and 93m teu.
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PSA's departure no joke for Brunei
The timing was appropriate.April Fool’ s Day was the given date when PSA handed back operations of Muara Container Terminal, some 19 years ahead of its 25-year contract expiry date, bringing an abrupt drop in management expertise.
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NewsMalaysia's giants
Will Johor and Tanjung Pelepas ever join forces for the greater good of the country,wonders Wing Kah-goh
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NewsThe ever-increasing reach of Philippines' darling ICTSI
The Philippines’ dominant terminal operator International Container Terminal Services, Inc continues to widen its national reach.Most recently it expressed interest in bidding for the 25- year contract to handle cargo at the port of Batangas, situated two hours south of Manila on the main island of Luzon.
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NewsNumber crunching
Mike Mundy unveils the findings of a new study focusing on South East Asian port costs
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ABB ASIAN BONANZA
Zurich-based engineering company ABB has netted more than $65m in orders for crane systems at Asian ports.The contracts cover the supply of automation and electrical systems for 74 ZPMC cranes, for delivery in 2008 and 2009.
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JADE'S EASTERN PROMISE
New Zealand’ s Jade Software Corporation has signed an Memorandum of Understanding with CMC Limited of India to “ accelerate the rate of use and deployment of Jade technology and applications” .
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Haldia Dock at saturation point
Calcutta’ s Haldia Dock Authority has conceded it has reached saturation point, with an increase last year of just 0.28% to 42.45m tonnes. Today, ships can wait up to 18-19 days before berthing.
