Asia – Page 34
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Adani ports signs new concession
Adani Kandla Bulk Terminal Pvt. Ltd, a subsidiary of India’s largest private port operator, Adani Ports and Special Economic Zone (APSEZ), has signed a concession agreement with the Kandla Port Trust to set up a new dry bulk terminal at Kandla.
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Programme released for GreenPort South Asia
The programme for Mercator Media’s first GreenPort South Asia Conference, which takes place from 20 to 22 March 2013 in Mumbai, India, has just been released.
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Westport rubbishes IPO suggestion
Westport Malaysia has denied reports that it intends to undertake an IPO this year, although chief executive Ruben Emir Gnanalingam confirms that a future listing has not been ruled out.
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Korea signs up for LNG fuel study
Global risk management company, Det Norske Veritas (DNV) and Korea’s national gas company, Korea Gas Corporation (KOGAS), have signed an agreement to cooperate on a feasibility study on the establishment of an LNG bunkering infrastructure in Korea.
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Shanghai petrochemical cleanup underway
A huge cleanup and investigation is underway in Shanghai following a petrochemical leak at Jueshi Port which has also caused severe air and river pollution to the local Jinshan and Songjiang districts.
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Singapore spearheads throughput for PSA
Singapore based operator, PSA International, says that its throughput of 60.06m teu was up by 5.2% last year over 2011 – largely thanks to the fact that its flagship PSA Singapore Terminals performed so well.
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India port tariff regulator for the chop?
The notion of needing big pockets and plenty of patience to do business in India may just about to be turned on its head with the possible abolition of India’s controversial port tariff regulator.
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YICT hits a new milestone
Yantian International Container Terminals (YICT), a member of Hutchison Port Holdings (HPH) Trust, has just handled its 100m teu after 18 years of transition from small fishing village into one of the world''s busiest container terminals.
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Haldia Dock re-tender
Kolkata Port Trust is to re-tender berths 2 and 8 at the Haldia Dock Complex just three weeks after ABG Haldia Bulk Terminals abandoned its concession there.
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India heading for capacity crisis
India is heading for a capacity crisis by 2020, claims Manish Saigal of KPMG India.
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GreenPort South Asia garners support
Next year''s first GreenPort South Asia conference, being organised by Mercator Media, is garnering support from some important players in the region in light of the need for growing awareness of environmental consequences.
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ICTSI gets another ten years at Indonesian terminal
International Container Terminal Services Inc (ICTSI) has had its contract extended to jointly operate Makassar Container Terminal in South Salawesi, Indonesia, for another ten years.
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Kolkata seeks damages from HBT
There is speculation in the media that the Kolkata Port Trust (KoPT) has approached the high court to seek damages from ABG Haldia Bulk Terminals (HBT) for the losses it suffered following the operator pulling out of the Haldia Dock Complex (HDC) agreement on 31 October 2012.
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Busan Port Authority and PSA sign MOU
Busan Port Authority (BPA) and global container terminal operator, PSA International, have signed a Memorandum of Understanding (MOU) aimed at cooperating towards a long term strategic partnership.
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New Papua New Guinea collaboration
Singapore based operator, Portek International Ltd, has signed an agreement with Papua New Guinea Ports Corporation Ltd (PNGPCL) to collaborate with operations at its two largest container terminals.
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Taiwanese ports welcome $1.9bn boost
Four Taiwanese ports are to receive combined investment of $1.9bn from 18 local investors over the next five years.
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Tangshan issues bonds
On November 13, the Tangshan port group issued medium-term bonds worth $64m, which have a maturity of five years. The issue was underwritten by China Minsheng Bank.
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ICTSI acquires Hijo shares
International Container Services (ICTSI) has acquired subscription rights to forty million common shares in Hijo International Port Services Inc. (HIPS).
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Government stalls Dhamra expansion
Expansion of the Port of Dhamra has been stalled by the Odisha government which has stated: “Allotment of additional land to DPCL for second phase development at this stage does not appear tenable.”
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India's rule book
Stevie Knight comments on the latest red tape wranglings in Indian port operations