Friday 5 December 08 - 12:27
 

News Asia

  • ICTSI boosts home territory

    International Container Terminal Services Inc (ICTSI) has supported its presence in the Philippines, through two initiatives.  

  • Hong Kong's electrifying green initiative

    Hongkong International Terminals (HIT) is deploying 17 electric rubber-tyred gantry cranes (eRTGs) in the first phase of a HK$140m (US$18m) crane-electrification programme that will reduce emissions at Kwai Tsing Container Port.  

  • Crippled infrastructure threatens Vietnam success

    Leading shipping lines have criticised a lack of investment and supporting infrastructure in Vietnamese ports. 

  • Vietnam deepwater first set for 2008 start up

    Saigon Newport plans to put Vietnam’s first deepwater port into service by the end of the year, according to Tran Khank Hoang, the company’s director of marketing and external relations. 

  • VICT boosts capacity

    Vietnam’s first purpose-built container port is increasing its berthing space by a more than a third.  

  • Hong Kong operator undeterred by cooler market

    China Merchants Holdings International, the Hong Kong-listed port operator, has launched a five and 10 year dollar bond, braving some rough conditions in the international markets. 

  • Indo-Malaysian group gets Vizhinjam

    The Malaysian company Penbinan Redzai, along with Indian partners Lanco Infratech and Lanco Kondapalli Power, has been awarded a 33-year concession to build a container terminal at the Indian Port of Vizhinjam.  

  • DP World falls short of Chennai performance targets

    Chennai container terminal operator DP World has agreed to pay $22m in compensation for not having covered minimum container throughput figures for non-transhipment traffic between December 2006 and November 2007.  

  • Ennore compiles shortlist

    Ennore Port Trust is to put together a shortlist of six bidders from the 22 that originally made offers for the concession to build the $305m 1.5m teu container terminal at the Port.  

  • Chittagong to go private

    Pacific International Line in collaboration with Container Terminal Services are favourites to be awarded the concession to operate Chittagong Container Terminal. Other bidders are Everest Enterprise Ltd and incumbent terminal operator SAIF Powertec. 

  • Rising imports swamp Vietnamese

    The deputy Vietnamese prime minister has ordered the Ministry of Transport to expedite the clearance of imports and exports that are building up at ports serving Ho Chi Minh City.  

  • Tanjung Priok needs congestion relief

    The Indonesian Exporters Association says that Indonesia needs additional import-export facilities to relieve congestion at Tanjung Priok port. Sites at Bekasi and Karawang have been suggested as possible locations for the new ports.  

  • Shanghai slowdown

    China Merchants Holdings predicts that Shanghai International Port will handle 30m teu this year, despite the slight downturn in the global economy. However, in the four months to the end of April, throughput had risen by 11.4%, compared with an increase of 20.4% the previous year.  

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