Asia – Page 74
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Busan invites applications for third phase of popular industrial park
Busan invites applications for third phase of popular industrial park
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HPH barred from Mumbai bidding
Hutchison Port Holdings (HPH) will not be able to participate in the bidding for a new container terminal planned for the Indian port of Mumbai.
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SHANGHAI GROUP SEAL
APM Terminals and Shanghai International Port Group have signed an agreement giving the Chinese company a 40% equity stake in APM Terminals
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CHENNAI FAVOURS PSA CONSORTIUM
The PSA/Sical Logistics consortium is all set to be awarded the concession to build and operate the second container terminal at India''s Chennai port.The consortium''s 45% revenue share bid is the second highest ever made for a port project in India.
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CHINESE SNIFFING AROUND BARRANQUILLA
The Chinese government has expressed an interest in the port project being developed at Barranquilla in Colombia on the western bank of the river of the same name.The port will handle exported coal from the Caribbean coast and interior.
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ZAO RETURNS TO KONE
St Petersburg''s ZAO First Container Terminal has returned to Konecranes for two panamax ship-to-shore container cranes, to be delivered at the end of 2007 under a ¢ 10m order.
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All talk at Kochi as voice response system is installed
Rajiv Gandhi Container Terminal operated by India Gateway Terminal, has introduced an Interactive Voice Response System,linked to SMS and the tracking of containers via the internet.
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Liebherr fixes sights on Indian subcontinent
Liebherr is looking to build on its position on the Indian subcontinent, keen to be involved in one of the fastest growing economies in the world, which is increasing by 6% a year on average.
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Japan Y22m commitment to support Sri Lanka projects
The Government of Japan has pledged a sum of Yen 21,559m to Sri Lanka under its Official Development Assistance loan scheme in support of development efforts of the country, including the first phase of the Galle Port Development Project.
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NEW TERMINAL FOR SOUTH KOREA
The South Korean port of Pyeongtaek is to build a new private container terminal. The work, which will be completed in 2009, will cost $143.1m.The terminal will be equipped with three quay cranes and have an annual capacity of 375,000 teu.
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MACQUARIE BUYS TERMINAL STAKES
Hanjin Shipping is to sell a 40% stake in six of its container terminals to Macquarie Korea Opportunities Fund. The facilities involved are at Seattle, Long Beach in Oakland in the United States; Tokyo and Osaka in Japan; and Kaohsiung in Taiwan.The cost of the transaction is $252.1m.
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GUANGZHOU DEVELOPMENT AGREEMENT
APM Terminals has entered a joint venture agreement with Cosco Pacific to develop and manage the second phase of the container terminal at the Chinese port of Guangzhou. The port authority will also participate in the management company. The new facility will be operational by mid-2007 and have an annual ...
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COSCO FORMS MANAGEMENT CO
Cosco Ports (71.43%) has formed a joint venture with Quanzhou Port Container Company (28.57%), to be known as Quanzhou Pacific Container Terminal Co Ltd. The company will manage a four berth container terminal in Shihu Harbour, as well as overseeing construction of a fifth berth for containers and a multipurpose ...
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Rosneft commits Tuapse funding
The Russian port of Tuapse is to receive investment of more than $2bn from oil pipeline operator Rosneft, which intends to use the port as its main export outlet.
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Kalmar stakes claim in Thai success
Port equipment supplier Kalmar has broken new ground in Thailand, with more than 20 of its RTGs in operation in the country''s ports.
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HIT smashes through 100m teu barrier
Hongkong International Terminals celebrates the 100m teu handling mark, a world record for Hong Kong''s busiest port. Guest of honour Stephen Ip, Secretary for Economic Development and Labour Bureau (middle),joined John Meredith, group managing director of Hutchison Port Holdings (left) and Eric Ip, managing director of HIT (right) in commemorating ...
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Living in the past
Japan once had a strong presence in global rankings, but it needs a sea change in portstrategy if it is to regain former glories
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Six in the frame at Karachi
PSA International, APM Terminals and DP World are the three highest profile bidders for the new deepwater container port project due for construction at Karachi.This new facility will be built at Keamari Groyne. Three other companies are also apparently still in the running.
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SSA in Vietnamese venture
The Vietnamese government has approved the establishment of a jointventure between Saigon Port and SSA Marine to manage the SP-SSA International Container Terminal (SSIT) at Cai Mep-Thi Vai. Saigon Port, a subsidiary of Vietnam National Shipping Lines Corporation (Vinalines), already operates five terminals in southern Vietnam, amounting to 3,000 metres ...
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Box terminal concession for new Karachi port
Karachi Port Trust has asked for companies to submit pre-qualification applications to finance, build and operate the first four-berth container terminal at its new Deep Water Container Port.