Asia – Page 19
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NewsManila called to account for cargo delays
The Port of Manila has been called to account for slow movement and long delays in releasing cargo which is apparently causing the economy billions of lost pesos each day.
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NewsTariff setting out, foreign investment in
With the Tariff Authority For Major Ports'' (TAMP) days numbered, terminals investors are rekindling their interest in India and getting ready to commit cash, finds Michael Mackay.
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NewsConfidence rising in Pakistan terminals
Budding relations with China coupled with initiatives for infrastructure improvements are boosting Karachi’s prospects. Michael Mackay reports.
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NewsIndian port reform bill still not passed
A bill to overhaul the management of the major ports of India and ensure fair conditions across all the country’s ports has not yet been passed, despite being pending since 2016.
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Vietnam scraps proposed My Xuan port
Vietnam has decided to scrap the proposed $477m My Xuan port, citing delays in construction, according to official media.
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NewsStart of Patimban construction imminent
The construction of Indonesia’s Patimban Port will start this month, Singaporean newspaper The Straits Times has reported.
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NewsSouth Korea inquiry into North Korea imports
Three South Korean firms imported US$5.8m worth of coal and pig iron disguised as Russian products from North Korea to five South Korean ports in violation of UN resolutions, South Korea’s customs agency has said.
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Debt fears impact Myanmar project
Myanmar has scaled back plans for a US$7.3bn Chinese-backed port on its western coast after concerns it could result in a large debt.
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NewsIndia’s headway on thorny reforms
Coupled with reforms to cabotage law, a revamp of tariff rules is expected to spur Indian port investment.
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NewsChina’s import restrictions leave ships idle
Coal-carrying vessels have increasingly been left idle off the coast of China as a result of thermal coal import restrictions at the country’s major ports, sources have said.
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NewsIndian influence in Indonesia
Senior Indian officials have visited Indonesia to look at means of boosting connectivity between the former country’s Andaman and Nicobar Islands and the latter’s Sumatra island — less than two months after a trip to Indonesia by Indian Prime Minister Narendra Modi saw India agree to develop Indonesia’s Sabang port.
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NewsGo-ahead for Carey Island feasibility study
Malaysia’s Minister of Transport Anthony Loke has said that his country’s new government will undertake a study to determine the proposed $49.6bn Carey Island port project’s viability.
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NewsWilhelmsen to use supply drones in Singapore
Wilhelmsen shipping line has announced that it is to begin using drones during the resupply of its vessels in the Port of Singapore from the third quarter of this year. The project is being undertaken in partnership with Airbus.
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Port winners of China/US trade spat
An “inevitable” trade war between China and the US will refocus world trade and move shipping towards South and Southeast Asia ports, according to a Drewry official.
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Still room for improvement at Port Klang
Malaysia’s Port Klang needs to improve in an increasingly competitive environment, the 16th ASEAN Ports and Shipping Conference in Johor Bahru was told.
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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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NewsPSA 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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NewsIndian 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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NewsUS$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 ...
