Asia – Page 25
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Thailand looks to regional co-operation
Senior Thai officials have outlined the country’s plans to further develop the country’s port sector.
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Myanmar admits to development “challenges”
Problems with Myanmar’s ports were outlined at the 14th ASEAN Ports and Shipping Conference in Bangkok.
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NewsChina to cut back on foreign infrastructure investment
China, which has shown interest in funding numerous new port and infrastructure projects in developing countries, is now having to re-evaluate its position given Venezuela''s wish to default on Chinese debt.
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NewsChina’s ports face overcapacity crisis
According to experts, overcapacity in China’s ports will be more severe than that in steel and cement in the near future, Xinhua reports.
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Cambodia requests Laem Chabang access
The Cambodian Commerce Minster has called on Thailand to consider giving Cambodia access to the Laem Chabang port.
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NewsCMIT 'out of the storm'
APM Terminals’ Vietnamese Cai Mep International Terminal is "out of the storm... but not home yet", according to managing director Robert Hambleton.
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Government approves port in Tami Nadu’s Enayam
The NDA government has approved a proposal to build a major port at Enayam near Colachel in Tamil Nadu, worth INR25bn ($3.7bn).
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Malaysia’s Kudat to benefit from funding
Sabah Ports Authority has allocated RM6m ($1.47m) to upgrade Kudat Port’s facilities, Bernama, Malaysia’s national news agency has reported.
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NewsPTP ready to invest RM8.6bn
Malaysia’s biggest single port operator, Port of Tanjung Pelepas (PTP), is ready to invest more than RM8.6bn ($2.1bn) under a plan to increase the port’s capacity.
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Sapangar to benefit from extra funds
Malaysia’s government has increase the funding for development of Sapangar Bay Container Port, in Sabah Province.
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NewsPSA International launches ‘Living Lab’
PSA International, together with the Economic Development Board (EDB) and the Maritime and Port Authority of Singapore (MPA), has launched the PSA Living Lab, a living laboratory in Singapore for the port and logistics industry.
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NewsPSA strengthens AGV fleet
PSA Singapore (PSA) has invested in 22 new Automated Guided Vehicles (AGV) for its container terminals, bringing the fleet to 30 units.
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NewsContainer terminal joint venture
Shipping group, CMA CGM, and PSA Singapore Terminals (PSA) have joined forces to form a joint venture company - CMA CGM-PSA Lion Terminal (CPLT).
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Bolloré Ports signs concession contract
Bolloré Transport & Logistics has finalised its concession contract for the new port of Dili, Timor Leste, in an official signing ceremony.
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Tax exemptions for Gwadar port operators
The Pakistan Government has approved sweeping tax concessions for Chinese operators at the deep-sea port of Gwadar.
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NewsPSA International launches $20m incubator program
PSA International has launched a new corporate venture capital arm, PSA unboxed, with an initial fund size of $20m.
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Indian government brings private sector on board
The Indian government will table a new bill to facilitate a model agreement by way of public-private partnership in the port sector, according to local reports.
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India and South Korea MoU on ports
India and South Korea have signed a Memorandum of Understanding for co-operation and mutual assistance in the development of both country’s ports.
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NewsChina and Malaysia moot port alliance
China and Malaysia are apparently forming a ‘port alliance’ to fast-track trade between the two countries and reduce customs bottlenecks.
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CMHI’s reports robust overseas volumes
China Merchants Holdings (International) Company’s overseas terminals set a record in container handling in 2015 with throughput of 16.05m teu.
