Asia – Page 76
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APM inks Vietnam and Jordan agreements
APM Terminals, together with Saigon Port Co, has reached an agreement to build a new container terminal at Cai Mep some 15 miles south of Ho Chi Minh City. Construction of the terminal is expected to start later this year and completion is scheduled for mid-2009.
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NewsBelle of the ball
India offers great potential for investors but are ports still waiting for their Prince to come as delays dog privatisation efforts? S.N. Srikanth investigates
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NewsCrane simulator first for Sri Lanka
Simulator training for port operators has entered a new phase in the Indian Subcontinent with South Asia Gateway Terminals (SAGT) Colombo installing Sri Lanka''s first crane simulation facility.
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TIANJIN IPO OVER-SUBSCRIBED
The IPO issued by Tianjin Port Holdings Ltd was heavily oversubscribed, by as much as 1,700 times.
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TWO NEW TUGS FOR COCHIN
The Advanced Crane Simulator has been developed by Applied Research International, a New Delhibased organisation with expertise in knowledge systems, and is designed to enhance productivity and safety in cargo-handling operations through comprehensive training of operators and port personnel in a life-like environment.Cochin Port Trust is to acquire two new ...
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NINGBO TO BECOME WORLD NUMBER 3
The Advanced Crane Simulator has been developed by Applied Research International, a New Delhibased organisation with expertise in knowledge systems, and is designed to enhance productivity and safety in cargo-handling operations through comprehensive training of operators and port personnel in a life-like environment.The Chinese Port of Ningbo is to increase ...
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ThyssenKrupp forges China coal links
ThyssenKrupp Fordertechnik''s inexorable push into the Chinese market for coal port handling equipment is refusing to run out of steam.
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Chittagong mayor opposes box terminal privatisation
The Mayor of Chittagong, Mohiuddin Chowdhury, has threatened to paralyse operations at the city''s port if the government goes ahead with plans to privatise operations at the newly-built New Mooring container terminal.
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DP World moves into Saigon
This coincides with the delivery of four gantry cranes, which it is hoped will boost productivity by a factor of three. However, at the moment, they are only handling 10-12 containers per hour. DP World has announced that it is to invest €182m in the development of Saigon Premier Container ...
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Private aims for India's Karwar
The small Indian West Coast Port of Karwar is to have a privately operated container terminal.
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NewsKarachi ready to break 1m teu barrier
Pakistan''s Minister for Ports and Shipping has forecast that Karachi Port and Port Qasim will likely handle a combined 1.7m teu this year.
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SHANGHAI OPERATORS MERGE
This project is being financed by Vikram Integrated Logistics Private Limited, which has so far spent €1.73m on developing what will eventually be a €3.46m scheme.Shanghai International Port is to merge with Shanghai Port Container Company, which will make Shanghai International one of the largest publicly traded companies in China.
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Sinotrans boosts investment in Chinese river terminals
Chinese feeder and river terminal operator, Sinotrans is to spend ?200m on upgrading river ports and logistics facilities in the Pearl River Delta. The company has stated that manufacturers are moving steadily westwards into central China in search of cheaper labour and electricity costs, thereby increasing the need for additional ...
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NewsAlternative to Chinese medicine
It is easy to be lured by the headline figures emanating from China, but should investors be turning to Southeast Asia to reap rewards? Peter Trevalyn investigates
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NewsSingapore vs Hong Kong: the same old story?
Age old competition continues to drive Singapore to new heights, but Malaysian up-starts could put a spanner in the works, reports Peter Trevalyn
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DP WORLD EYES GWADAR
DP World is negotiating the possibility of assuming operational management of Pakistan''s Gwadar port.
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NewsChinese container clusters planned
The Chinese Communications Minister Li Shenglin has revealed the government has a policy aimed at creating two new port ''clusters'' to add to the three existing ones centred on Shanghai, Shenzhen and Tianjin.
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NewsFeeder surcharge at Chittagong
Feeder vessel operators are threatening to slap a $130 surcharge on each TEU that they have to handle at the port of Chittagong unless congestion there decreases within the next month. At present, feeder lines such as QC Container, HRC Shipping, Orient Express, Advanced Container and Sea Consortium charge $300 ...
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SHIPPER ACTION
APM Terminals, CMA-CGM, DP World, ETA, ICTS, Gammon Infrastructure, IL&FS, GVK, Soma Enterprises and Concor are all interested in bidding. Indian shippers are hoping to employ new draft legislation, the Shipping and Trade Practices Act, to stop the current practice of lines collecting terminal handling charges.
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DP World to invest $450m in Kochi
DP World is expected to issue a tender for the design of a $450m container terminal in the Indian port of Kochi, which is located in the southern state of Kerala.
