Asia – Page 50
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India’s ports to benefit from Colombian coal
India’s ports stand to gain from yet another coal stream as Colombian coal joins the imports from Indonesia.
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JNPT to open two more box terminals
JNPT is designing two additional terminals, including a fourth container terminal, priced at an estimated $1.5m.
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Ningbo to go for Shanghai listing
Ningbo Port plans to list shares on the Shanghai stock exchange by the end of the second quarter of this year.
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Chennai looks for terminal share partner
Chennai Port Trust is discussing with PSA-Sical the possibility of sub-letting part of its new container terminal, given that it is currently handling fewer than 20,000 boxes.
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New port for West Bengal
The Indian government has recently proposed partially funding the development of a port on Sagar Island in West Bengal, hoping to release the bottleneck that presently strangles the area.
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On the right tracks
Rail and road links are opening apace – necessary since China is pulling in larger and larger amounts of natural resources through its ports.
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A value-for-money approach
APM terminals’ Asia Pacific operation has been in the thick of the recent industry upheavals, and while there are some positives signs of growth, the squeeze is still on.
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Yangtze aims higher – and deeper
A port survey has shown that the total investment earmarked for expansion and renovation projects along the 2,838km navigable length of the Yangtze river now comes to around $4bn.
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Privatisation plan for Burma’s ports
Three major Rangoon ports handling 90% of Burma’s imports and exports are to be privatised, the military ruling junta has announced.
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Maersk sees hard grind ahead
The managing director of Maersk Malaysia, has warned that the ‘recuperation’ of the transport of containers in 2010, although clearly taking place, will not be easy.
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Bangladesh port plan unveiled
The government of Bangladesh has announced plans to develop the country''s sea, river and land ports.
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Five bid for NMPT terminal
New Mangalore Port Trust has shortlisted five bidders for the contract to build and operate a new container terminal costing $60m.
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Private investors needed in Chittagong
Chittagong Port Berth Operators and Ship Handling Operators Association has emphasised the need to get private investors involved in the introduction of modern maintenance systems at the port.
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Good year ahead for dry bulk
JP Morgan Chase & Company is predicting that iron ore volumes dispatched by sea will grow by 5.7%, while both coal and grain will go up by 3.8%.
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Green light for second Chennai box terminal
India''s Private Public Partnership Advisory Committee has given the go-ahead for a new $776m container terminal to be built at Chennai.
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Strain in Shanghai
A flurry of export orders strained capacity at Shanghai port, reported the China Daily, who also noted the shipping prices spiked dramatically.
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Tata moves into terminals
Tata Realty and Infrastructure Ltd is to expand into dedicated container terminal projects. A location on India''s east coast has already been identified and discussions are under way with the State government to build a terminal there. However, given the early stages of the talks, the company has declined to ...
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Pearl River push
The busy west bank of the Pearl River is to grow a few more facilities to keep pace with the effects of the Chinese government''s stimulus package.
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India has 17 major port projects
As part of India''s National Maritime Development Programme, 17 major port development projects are to be awarded to private sector investors. These will add 183.5m tonnes of additional capacity. In total, capacity at major ports is to be boosted by 410m tonnes per annum, requiring investment of $13.6bn.
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Phnom Penh Port figures
Phnom Penh Autonomous Port will maintain a recovery into 2010 with projected 26% revenue growth, the facility''s director general, Hei Bevy has said as the inland port continues to benefit from connections to Cai Mep deepwater port in Southern Vietnam.