Asia – Page 18
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Asia’s future energy needs on the agenda at Tank Storage Asia 2018:
Asia’s future energy needs on the agenda at Tank Storage Asia 2018:
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PSA International’s “three hard truths”
Cargo change, technology that will enable and disrupt, and cross integration: these are the “three hard truths” for port operator PSA International, according to group chief executive Tan Chong Meng.
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Indian strike plans halted
Plans for strikes at 12 major Indian ports have been averted following a provisional settlement between Indian Ports Association (IPA) representatives and union leaders.
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US$3bn Patimban Port project to begin in July
Work on a $3bn project to build Patimban Port in Indonesia is anticipated to begin in July with the aim of the port being partially open for operation in March 2019.
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MMC makes another play for Sabah Ports
Malaysian local media have reported that MMC Corp has submitted an appeal to the new Sabah state government on its proposed acquisition of a 20% stake in Sabah Ports Sdn. Bhd. (SPSB) after its initial bid on behalf of subsidary MMC Ports Holding was rejected by Suria Capital Holdings Berhad ...
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Cambodia mulls Kampot deep-sea port
Cambodia’s Try Pheap Group has signed a co-operation agreement with China’s Guangxi Beibu Gulf International Port Group to conduct a feasibility study on the construction a deep-sea port in Kampot province.
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Indian unions workers to strike indefinitely at 12 Indian ports
Major port workers’ unions plan to go on an indefinite strike at 12 major Indian ports on or after 30 May to protest against a pay dispute, according to the general secretary of the Water Transport Workers’ Federation of India.
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Westports secures land for Klang expansion
Port operator Westports Holdings Berhad’s (WHB) wholly-owned subsidiary and multi-cargo port, Westports Malaysia (WMSB), has entered into a sale and purchase deal with the Selangor State Development Corporation to buy 381 acres of leasehold land under the sea at the Pulau Indah island — on which the facility is located ...
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PSA's open logistics platform bill revealed
With a development bill of S$20m (US$15.1m) for the first phase, PSA International has confirmed that its new global trade and supply chain platform CALISTA is undergoing trials with “selected users”.
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PSA's Calista open logistics platform revealed
PSA International has revealed more details of its groundbreaking open platform under development with Crimson Logic, which it believes will address logistics on a three-dimensional level.
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SISI: Economic 'prosperity phase' to benefit ports
Following a decade of moderate adjustment, the world’s economy has entered a transition stage from recovery to prosperity, according to Shanghai International Shipping Institute’s (SISI) Global Port Development Report (2017).
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Chinese political investment warning
A US think tank has warned that Chinese investment in ports is being used to generate political influence, expand the military and create strategic advantages.
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Dugarajapatnam port plans shelved
Plans to construct a new port at Dugarajapatnam in the Indian state of Andhra Pradesh have been abandoned by the country’s government.
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Sabah Ports sale to MMC aborted
Suria Capital Holdings Berhad has scrapped plans to sell a stake in Sabah Ports Sdn. Bhd. (SPSB) to MMC Corp’s wholly-owned unit MMC Ports Holding.
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Southeast Asia awash with possibilities
Some - but not all - of the region’s potential will live up to its promise, writes Stevie Knight
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Asian ports face $49bn in climate change costs
Protecting Asia-Pacific ports against climate change could cost up to US$49 billion, according to new research commissioned by HSBC from sustainability analysts Asia Research and Engagement (ARE).
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Sasa Port development could be realised
A modernisation project at Sasa Port could go ahead after being reinstated as a development opportunity under a public-private partnership (PPP) programme.
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Port Klang concessions extended
Northport (Malaysia) Bhd, a Member of MMC Group, has been granted a thirty-year extension for the operations Port Klang’s Northport and Southpoint, MMC has said in a statement.
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East Asia's partnerships and tech drive
Any global shipping trends come home to roost in China, finds Stevie Knight.
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Myanmar encourages foreign investment
Myanmar is moving ahead with plans for foreign investment in its port sector to upgrade jetties along the coast into international-standard ports.