Asia – Page 79
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NewsCalcutta Port Trust
Chairman Sultan Ahmad Bin Sulayem said: "The only valid bid for P&O is from DP World.Calcutta Port Trust has appointed Delhi-based Consulting Engineering Services to undertake a feasibility study for new jetties on the banks of the Hooghly River at Diamond Bay. Each of these multi-purpose facilities will be capable ...
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Colombo's facelift
The government of Sri Lanka is to invest US$1bn in order to boost capacity at Colombo to 4m TEUs. This will involve the construction of the Colombo South Harbour project which will occupy a 600-hectare site. The facility, which will have 12 berths, is to be developed in two phases. ...
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KLANG OPTS FOR DIESEL-ELECTRIC STRADS
The local stevedores were originally encouraged when investing in their operating licences, to also make investments in cargo handing equipment and other assets.Klang Container Terminal has opted for the construction of the 11 new straddle carriers with diesel electric transmission which makes it the first port in Southeast Asia to ...
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NewsIndian infrastructure needs US$150bn
India''s Transport Minister, T R Baalu, recently announced that his country is seeking up to US$150bn to fund port, road and other transport infrastructure projects.
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CHENNAI
The local stevedores were originally encouraged when investing in their operating licences, to also make investments in cargo handing equipment and other assets.India's government has given permission for Hutchison Port Holdings to bid for the second container terminal at the port of Chennai. This follows an earlier decision to allow ...
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COCHIN
The local stevedores were originally encouraged when investing in their operating licences, to also make investments in cargo handing equipment and other assets.Cochin Port Trust is to undertake an inquiry following the collapse of Q-4 berth at Mattanchery Wharf which resulted in the loss of 3,500 tons of salt. The ...
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Bird flu protection stepped up
With reports of suspected bird flu occurring in the Philippines, ICTSI has increased safety measures to protect its Manila International Container Terminal.
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TUTICORIN
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.The Confederation of Indian Industry wants to see expansion of Tuticorin fast tracked with the aim of establishing it as a ...
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Massive investment for Kandla
Kandla has announced a US$1.11bn investment programme. Initially six new cargo berths are to be built of which two will enter service in November 2007. Four of these will involve a privatesector input, using the BOT formula and will cost an estimated US$95m.
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GWADAR
DP World has shown interest in the Gwadar Port Implementation Authority, set up to launch the Chinese-built Gwadar port in Pakistan. DP World hopes to secure a container terminal operating concession in Gwadar, which has long been designated to run as a freeport and will have the deepest navigation channel ...
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NewsIncreased hub role for Colombo
Sri Lanka''s Central Bank noted recently that there had been a 15% increase in the cargo handling, storage and warehousing sub-sector in the first quarter of 2005. During this period, 609,765 TEUs had been handled by the country''s ports. For the second quarter, transhipment went up by 17.4% and now ...
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NewsNew container terminal for Qingdao
A greenfield site in Qingdao is soon to see the development of a new container terminal for DP World. The port operator has signed an agreement with the Qingdao government to build a 1,320 metre quay with 2m TEU capacity. Work is due to begin immediately with a completion date ...
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NewsYangshan
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Hutchison Port Holdings and APM Terminals were the first two international operators to begin container handling at the world's largest new ...
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India warned not to miss out
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.According to a recent Bloomberg report, Indian ports will have to double their container handling capacity within the next five years. ...
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Xiamen to sell stake
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Xiamen, the nearest port to Taiwan, is currently considering selling off a 9.9% stake to strategic investors. The sale would be ...
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HONG KONG
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.A package has been assembled to reduce port costs in Hong Kong. It is hoped that the measures, which include cuts ...
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MUMBAI
Hutchison Port Holdings and Evergreen Marine Corporation have been left disappointed as India''s internal security committee rejected their right to bid for a US$270m offshore container terminal at Mumbai. Indian intelligence authorities are apparently unhappy about the increasing presence in the country of businesses with Chinese connections.
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NewsJohor Port
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Johor Port, which is currently listed on the Malaysian stock exchange, could either be wholly privatised or acquired by MMC Corp. ...
