Asia – Page 87
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Indonesia to have new car terminal
A new port is going to be built at Atcol, in northern Jakarta, specifically to handle new vehicles trade. Construction is expected to begin late next year or early 2006 and be concluded within two years.
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..but prompt rethink of inland terminal project
Rising congestion at both Chittagong container terminal and on the highway linking the port with the capital Dhaka has prompted the Shipping Ministry in Bangladesh to revive the project to build an inland container terminal at Pangaon. First designed in 1995, the $20.89m facility, which will have an annual capacity ...
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Kakinada gets IDFC financing
The Infrastructure Development Finance Company (IDFC) has given its approval to long-term project funding amounting to $25.13m for Kakinada Sea Ports Ltd (KSPL).
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NewsICTSI opens dangerous cargo facility at MICT
ICTSI has opened a control facility for dangerous cargo at its Manila International Container Terminal (MICT) to reinforce compliance with the ISPS Code and the US Container Security Initiative (CSI).
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NewsHPH developing terminals in Laem Chabang and Shanghai
HPH has been awarded a 30-year concession to build and operate six terminals at Laem Chabang which will have a total quay length of 3,250 metres with depth alongside of 16 metres. In 2003 Laem Chabang recorded 3.4m TEUs.
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NewsJNPT rethinks container berth privatisation
Jawaharlal Nehru Port Trust (JNPT) has revealed that its earlier proposal to invite in private operators to convert an existing shallow berth currently used for new vehicles traffic to work with container handling is being rethought. JNPT chairman, Ravi Budhiraja noted, " Nothing has yet been finalised. We are going ...
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NewsYICT improves truck entry/exit process
Port Community Cards (PCC) has been introduced for truck drivers to access Customs'' electronic gatehouse at Yantian International Container Terminals (YICT) and Shenzhen Customs. Using infrared technology, the card can automatically verify container data with the information stored in the Customs'' computer system. Beyond enhancing container management for shipping lines, ...
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SUPER POSTPANAMAX FOR PTP
Sustained strong demand for Australian coal has led to a need for capacity expansion at the terminal to meet the needs of existing and potential mining customers.Port of Tanjung Pelepas (PTP) has ordered three super post-Panamax quay cranes from IMPSA (Malaysia) together with RTGs the port's new phase 2 development ...
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$570M FOR SRI LANKA
Sustained strong demand for Australian coal has led to a need for capacity expansion at the terminal to meet the needs of existing and potential mining customers.The ADB is to lend $570 million to Sri Lanka a part of which is to be allocated to work at Colombo Port South ...
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Majors move further into China
Sustained strong demand for Australian coal has led to a need for capacity expansion at the terminal to meet the needs of existing and potential mining customers.Taiwan-based Evergreen group has sent a letter of intent to Ningbo Port Authority covering development of Phase 4 of its Beilun Port complex. The ...
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NewsDIRECT CALLS FOR NORTHERN BLACK SEA PORTS
Black Sea ports have traditionally been served by feeders out of Istanbul, Malta, Piraeus and even Gioia Tauro rather than being subject to calls from liner services. However, as the region increasingly sources its imports from China rather than Western Europe, shipping lines have reacted by establishing new liner services, ...
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PRIVATE PARTICIPATION POINTS THE WAY
Undeterred by the worries that have beset the Bombay Stock Exchange since a new government took power in India in May, port throughput volumes have continued to rise across the country, up 7% compared to last year, and it is the bulk industry which remains its main driver. Gavin van ...
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Ennore touts for business
About 25km to the north of Chennai, Ennore Port Ltd is to go out to tender for a 30-year BOT contract to build a brand new container terminal capable of accommodating vessels of up to 8,000TEUs. The facility, which will have an annual capacity of 6m TEUs, is being built ...
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NewsJNPT congestion..
JN Port''s two existing container terminals continue to suffer congestion problems with some 14,000TEUs rumoured to be effectively trapped within the various stacking yards because of insufficient block trains to move them.
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..and P&O Ports' CCCL at Chennai following suit
P& O Ports is also facing congestion problems at Chennai on India''s east coast, where feeder operators increased the congestion surcharge from $15 to $50/TEU as from July 15. Chennai International Container Terminal Ltd (CCCL) has been suffering from serious berthing delays and a drop in productivity following a strike ...
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Inflexible decision-making dogs Indian ports
India''s recently published Economic Survey 2003-2004 highlighted the main problems faced by the country''s 12 leading ports - Kolkata (Calcutta), Chennai, Cochin, Ennore, JNPT, Kandla, Marmagao, Mumbai, New Mangalore, Paradip, Tuticorin and Visakhapatnam - which handle 76% of national port volumes.
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NewsICTSI sees 100%+ increase in half-year profits
ICTSI has doubled its half-year profits compared to the same period in 2003. The company''s international operations in Gdynia, Poland and at Tecon Suape, Brazil made a significant contribution to the result. ICTSI reports that net profits for the first half of 2004 were $8m, up 101% compared with $3,98m ...
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IRANIAN DEAL FOR ALPS
Ironically, while PSA Corp is backing out of India - see preceding story - a consortium of Indian companies has taken their expertise overseas and signed a deal to set up a container terminal at the Iranian port of Chabahar.
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PTP REPORTS RECORD GROWTH
The Tecon Suape terminal reported profits for the first time with these following on from a significant increase in cargo throughput and positive management initiatives on the part of ICTSI to introduce more efficient operational procedures and working practices.Malaysia's PTP, Singapore's new rival, reported a 25% first half throughput increase ...
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SHANGHAI EXPECTS
The Tecon Suape terminal reported profits for the first time with these following on from a significant increase in cargo throughput and positive management initiatives on the part of ICTSI to introduce more efficient operational procedures and working practices.The latest traffic forecast from Shanghai estimates a container throughput of 14mTEU ...
