World News – Page 410
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EVERGREEN KAOHSIUNG COMMITMENT
Evergreen Marine Corp has extended its lease on one of its Kaohsiung, Taiwan facilities for 11 years and one month. The terminal occupies over 400,000 sq m of land and provides three berths with a total quay length of 815m.
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NewsWorld Bank singles out ICTSI success
Philippines-based International Container Terminal Services Inc (ICTSI) has been praised by the World Bank for its successful public-private-partnerships in South America, Africa and Europe.
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Go slow on Vietnamese port projects
A lack of concrete progress on many of Vietnam’ s proposed port projects is being blamed on consultants.
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NewsIndonesia plan to develop 25 international ports
The Indonesian Transport Ministry says it will develop 25 of the country’ s 141 ports into international facilities over the next few years.
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Bidding war for new Pakistani deepsea port
Concerns have been raised over the bidding process for the Pakistan Deep Sea Container Port, which appears to have allowed some companies to simultaneously enter more than one bid.
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KLANG TO EXPAND NORTHPORT
Port Klang Authority is seeking consultants to carry out a feasibility study on developing a plot of industrial land next to Sungei Puloh. This will be incorporated into the Northport concession. The area in question covers 800 hectares and has sea frontage, and is located just to the north of ...
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MYANMAR DEEP AMBITIONS
Myanmar is to build a new deep seaport on its western coastline at Mayday island near Kyauhphyu. Privately-owned Asian World will undertake construction; it originally carried out the project survey.
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LIANYUNGANG BOND ISSUE
Jiangsu Lianyungang Port Group, parent of Shanghai-listed Lianyungang Port Co Ltd (SHA 601008), has issued Yuan400m ($53m) worth of 365-day discount bills on the interbank bonds market to optimise its loan structure.
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NewsCochin hits back at labour rebels
Cochin Port Trust has introduced a raft of new measures aimed at improving productivity, especially in the container terminal.
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Busan New Port secures Maersk calls
The fortunes of DP World flagship facility Busan Newport (PNC) have improved with confirmation that the world’ s largest containerline is moving in.
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Vizinjam tender
The Indian ports minister has confirmed that the tender process for the development of the Vizinjam container terminal at the port of Thiruvananthapuram will be completed by the end of the current year. In all, 43 international and domestic companies have shown an interest.
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NewsMuch stick, little carrot
Saddled by high costs and an uneven playing field for foreigners, India’ s awkward attitude to port development is turning away manufacturers, reports Wing Kah-goh
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NewsChina comes to Pakistan's rescue
With a world-class deepwater facility, bankrolled by the Chinese, now up and running at Gwadar in the southwest of Pakistan and PSA International as its operator, the government is now working out the details of a fourth major port. The Pakistani government continues to sift through the bids for a ...
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NewsNew mobile cranes for ICTSI Syria
ICTSI subsidiary Tartous Inter-national Container Terminal has contracted manufacturer Liebherr for two new mobile harbour cranes, a first for Syria. Tradition-ally, container handling in the country has been undertaken by geared vessels.
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DP World commits to long-term financing
DP World plans to issue both conventional bonds and Islamic bonds as a means of extending its debt maturity profile.
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Saqr to boost berthage
Four new berths have been commissioned at Saqr Port in the United Arab Emirates. These 795 metre long berths will bring to 12 the number of operational berths available to shipping. The port recently opened a new 350,000 teu container terminal operated by KGL Ports.
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Two Ngqura box terminals
Private-sector companies are going to be asked to bid for two large container terminals at South Africa' s Ngqura Port, which will require investment of € 841m ($1.1bn). These will be able to handle 3m teu annually, with expansion potential to eventually handle 4m teu.
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Ashdod investigated for nepotism
Israel' s State Comptroller is investigating reports of nepotism at Ashdod Port Company Limited. Of concern is the fact that most employees being hired already have family members working for the company. No new hiring will take place at the port until the report conclusions have been released.
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South Africa appoints regulator
South Africa is to introduce a National Ports Regulator, which will assume one of the two roles formerly undertaken by the National Ports Authority, whose own activities are now restricted to those of port landlord.
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Lake Nyasa terminal planned
A tender has been issued by Tanzania ports authority in respect of the construction of a port jetty at Mbamba Bay port on Lake Nyasa. Work is slated to commence later this year.
