Asia – Page 54
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Deadline extension for Colombo South Harbour
Bidders interested in building and operating the South Harbour at the Sri Lankan port of Colombo have been given a deadline extension until July 15, to compensate for changes that were introduced to the terms and conditions. The initial deadline had been set at June 15.
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SP-PSA starts up with 'Alexandrite'
SP-PSA International Port, Vietnam''s first deep sea container terminal, has celebrated the official start of operations at its new terminal in Ba Ria - Vung Tau province with the arrival of the APL Alexandrite.
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Three Sino-Russian ports planned
China has announced a budget of $50m to build three multi-functional ports on the border with Russia. These will be sited at Tuntszyan, Jiamusi and Big Ussuri. Not only will these facilities be designated transport hubs, but they will also be involved in controlling water quality and responding to cross-border ...
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HPH invests in Karachi
HPH is to invest in estimated $457m in Karachi''s new Deep Sea Container Port, which will generate royalty payments of $1.1bn during the concession.
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Schedule slips for fourth JN box terminal
The original bidding deadline of April 30 established by the Indian port of Jawaharlal Nehru for its proposed fourth container terminal is now been extended to June 1.
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Pakistan project opens to tenders
June sees the opening of the tender process for Pakistan''s port optimisation project.
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Box slump continues in Hong Kong
In March, Hong Kong registered its fifth consecutive month of falling container traffic. It handled 1.625m teu, equivalent to a decline of 18.9%. For the first quarter of 2009, throughput amounted to 4.542m teu, down 21.1%.
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Greenpeace warns of threat
A port development is about to threaten two sites of ecological significance in eastern India, environmentalist group Greenpeace has warned, despite their ''protected'' statuses.
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A chance for non-container cargoes to shine
Many of South East Asia''s key ports are taking advantage of the sliding box sector to focus attention on non-containerised cargo.
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Asia's year of thrift
South East Asian ports are tightening the purse-strings as the recession bites out east. Mike King reports
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Wuhan mega-port go-ahead
The city of Wuhan is to invest $731m on the creation of a mega-terminal port complex, whose go-ahead has been approved by the state government.
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Evergreen out of Kaohsiung
A report that claims the Evergreen Shipping Group is to pull out of Kaohsiung has been strongly denied by the company.
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Shanghai and Ningbo in merger talks
The Chinese ports of Shanghai and Ningbo are reported to be in negotiations on a possible merger sometime in the near future.
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Two Tianjin terminals merge
Tianjin Port Development (TPD) has acquired 56.81% of rival Tianjin Port Holdings, which also manages the Chinese Port. TPD is to issue new shares to finance the $1.4bn transaction.
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Nine bid for Chennai
Nine bids were received to build the planned Chennai Mega-Container Terminal, which will be implemented as part of a build-operate-transfer contract lasting 30 years. The project requires investment of $730m over four years.
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Ying Kou in massive Chinese investment
The Chinese Ying Kou Port Group is to invest $439m this year on building new ports and terminals, which include dry bulk and oil handling facilities.
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Dalian port buys Jinzhou
The Dalian Port Group has confirmed it is to buy Jinzhou Port this year. In 2008, it was revealed that Dalian Port would acquire an 18.9% holding at the cost of $278m, making it the second largest shareholder.
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To liberalise or not to liberalise?
Nazery Khalid weighs up the merits of a liberalised port tariff regime in Malaysia
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More investment for Manila
Philippines terminal operator Asian Terminal Inc is to invest $14.9m on additional development at its Manila South Harbour facility. This will be spent on modern handling equipment and the addition of 1,000 square metres of operating area.
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Malaysian operators to continue investing
Malaysian ports have scheduled investment of $1.61bn over the next few years. Of that, PTP has set aside $812m, while Port Klang operators are to spend $373m.