Latest News – Page 1076
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Busan dredging need confirmed
A feasibility study on dredging at Korea’ s Busan port has verified the need for deepening at selected berths at Shinsundae Container Terminal, Gamman Container Terminal, Shingamman and Jasungdae.
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Cang Viet Port to be rebuilt
Vinashin is to invest $93.8m to rebuild Cang Viet Port in Vietnam. This will allow it to handle 2m tonnes of cargo per year and receive vessels of up to 10,000 dwt.
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ICTSI secures Subic
ICTSI has won a Subic Bay container terminal concession after the Subic Bay Metropolitan Authority declared that it had received no challenge to its bid contract by the deadline in June.
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Philippine x-ray vision
The customs authorities in the Philippines are to introduce 10 new x-ray scanners at eight ports. These have been approved by authorities in the US.
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Portek orders net S$5.3m
Equipment provider Portek has confirmed orders for container cranes, hardware installations and crane upgrades and repairs in Columbia (South America), Sri Lanka, Singapore and Malaysia, in orders worth a total of S$5.3 million ($3.5m).
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Malaysia's Northport expands facilities
Port Klang’ s Northport has introduced a € 110m ($148.1m) expansion programme, which aims to boost container handling capacity, in addition to that of other cargoes. Investment will take place over the next three years, funding development of a new 350 metre long container berth, which will bring to 3,600 ...
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Singapore property price pull
Property prices in Singapore could make it difficult for authorities in that country to expand port facilities in the longer term, claim experts in Malaysia. 
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Shanghai now number two
Shanghai has overtaken Hong Kong to become the second largest container port in the world.
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Japan funds Angolan rehab
Japan is to provide $65m to rehabilitate the Southern Angolan ports of Lobito and Namibe by 2010. According to Japanese consultants, Lobito needs $35m of upgrading work and Namibe $30m. 
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PTP positions itself for box dominance
The government of Malaysia is to rationalise traffic at the ports of Tanjung Pelepas and Johor. The former will henceforth concentrate purely on container traffic, while Johor will specialise in non-containerised cargo. Both are owned by MMC Corporation.
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Chinese capacity constraints
Chinese experts predict that by 2010 national ports will be handling 8bn tonnes of cargo annually and 170m teu. Existing capacity is for 5.6bn tonnes and 93m teu.
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Breaking the mould
HPH’ s muscling in on the Brisbane scene could have far-reaching implications for Australia’ s operations sector.
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Patrick takeover cuts Toll in two
Toll Holdings,Australia’ s largest logistics and ports concern, has split into two following the takeover of container terminal operator Patrick Corp.
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Inland port scheme attracts key supporters
New Zealand railway network provider, Ontrack, is backing a NZ$6m-7m ($4.6m-$5.4m) plan to develop Ports of Auckland’ s Wiri inland port into a raillinked facility potentially capable of handling 200,000 teu per year, writes Iain MacIntyre. 
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Deepening Woes
Melbourne’s much-needed dredging programme is still a long way off becoming a reality.
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Log exports boom carves a path for NZ ports
New Zealand’ s forestry exporting ports are flourishing, with a construction boom in Asia and export log restrictions in Russia pushing the price of locally-produced logs up 20% over the past year,writes Iain MacIntyre. 
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Coastal shipping waits for chance to shine
Coastal shipping advocates in New Zealand will soon discover if the Government intends putting their transport mode on an equal footing with road and rail in funding and policy decisions. 
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First hurdle fall
New Zealand’ s two key ports have walked away from the merger negotiating table, but at what cost?
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Strength of Sydney
The Australian port welcomes a broad range of cargoes through its doors, as Iain MacIntyre reports
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Brisbane ties with Bundaberg
The port of Bundaberg is to merge with the Port of Brisbane Corporation, the Queensland Government has announced. Bundaberg will function as a wholly-owned subsidiary but will continue to trade under its own name.