Wednesday 7 January 09 - 23:04
 

News Asia

  • Eight berths shut down at Karachi

    Eight berths at Karachi Port have been forced to close after they were identified as being unsafe. 

  • New Indonesian port attracts global interest

    PSA, HPH, APM Terminals, SSA and CMA CGM have all registered to bid for the project to build Bojonegara Port in Indonesia. 

  • Privatising Penang Port

    Konsortium Logistik Bhd, a consortium of senior executives, and a listed state company have all bid to take over Malaysia's Penang Port Sdn Bhd.  

  • Port Klang to expand

    Consulting firms have been asked to submit proposals to Port Klang Authority on a feasibility study of the development of a piece of land adjacent to Northport.  

  • Cosco’s Philippines hub

    Cosco is looking into the possibility of establishing a major new transhipment hub in the Philippines, which would require investment of up to $3bn.  

  • Deep dream for Vietnam

    Vietnam National Shipping Lines is to build a deep-water port in the Van Phong industrial development zone requiring $184m of investment.
     

  • Sixth Kaoshiung terminal

    Yang Ming is to invest more than $360m in what will be the sixth container terminal at the port of Kaohsiung.  

  • Malaysia eases equipment sourcing restrictions

    The Malaysian Ministry of Finance has suspended the law requiring port authorities to source gantry cranes from one nominated manufacturer, on the back of complaints from ports who have experienced serious delivery delays.  

  • Chittagong in the ascendancy

    Recent figures posted by Chittagong Port clearly show that productivity is improving following privatisation of Chittagong Container Terminal. 

  • Seven Bengal consultants

    Seven domestic and international firms have provided expressions of interest to India's Shipping Ministry with regard to a contract to act as a consultant for the development of a new deep seaport in the state of Bengal.  

  • Dhamra seeks foreign loan

    Dhamra Port Company, is looking into the possibility of securing of foreign loan to fund dredging at the port project it is developing in Orissa. 

  • Adani Group to list

    The Adani Group is expected to undertake an initial public offering worth $371m in October in respect of its Mundra Port and Special Economic Zone Ltd Co.   

  • Pakistan's port operations criticised

    A report compiled by the Pakistan’s Competitiveness Support Fund has warned that high costs at its ports could actually be damaging world trade. 

  • Indian partner complements Gulftainer’s expansion plans

    United Arab Emirates-based terminal operator Gulftainer has inked an agreement with one of the fastest growing corporate entities in India to broaden its reach in the ports and transport arena. 

  • PSA investment supports local economy

    PSA’s S$5bn ($3.3bn) decade-long investment in Singapore’s Pasir Panjang Terminal will take the operator’s total handling capacity to 35m teu when completed in 2009 and supports some 6,000 jobs locally, according to Kuah Boon Wee, PSA chief executive Southeast Asia and Singapore Terminals.  

  • “Serious” container capacity shortfall caution

    Drewry Shipping Consultants has warned of an imminent “serious” global container terminal capacity shortage in its Annual Review of Global Container Terminal Operators 2007. 

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