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'Green' Asian expansion
26 Sep 2008
Arshiya International has ordered seven E-One+ rubber-tyred gantry (RTG) cranes and 10 DRF450 reachstackers, complete with maintenance agreements, from Kalmar. The new 'green' units will initially be deployed at Arshiya’s Free Trade Warehousing Zones (FTWZ) in Mumbai and Delhi. Some of the equipment will eventually be used at three new FTWZs in India and one in the Middle East that are presently on the drawing board.
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Mindanao to ICTSI
27 Sep 2008
Phividec Industrial Authority (PIA) has formally handed over Mindanao Container Terminal (MCT) to Mindanao International Container Terminal Services Inc (MICTSI) at a ceremony held at the MCT berthside attended by Phividec officers, shipping lines and local government officials.
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Pakistan goes with the grain
04 Oct 2008
Belgium-based Vigan Engineering is to be the major supplier for the new Fauji Abkar Portia Marine Terminals project, a joint programme between the Fauji Foundation and the Akbar Group.
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Chittagong concession
01 Oct 2008
A 30-year concession to operate the recently built New Mooring Container Terminal at Chittagong Port is to be offered to the private sector.
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Vietnamese dredge nod
05 Oct 2008
The Vietnamese government is to go ahead with a dredging programme at the Dinh An estuary to allow 10,000 dwt vessels to access the port of Can Tho. The cost of the project will be $14.9m and work, deepening the draft to 5.5 metres, will take three months to complete.
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Six new Shenzhen ports
02 Oct 2008
The Chinese city of Shenzhen has received backing from the National Development and Reform Commission to build six new ports. These will include facilities at Liantang, Longhua and Dachan Gulf Harbour, and a port to connect the airports of Shenzhen and Hong Kong via an undersea tunnel.
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CMA CGM in Tianjin development
28 Sep 2008
CMA CGM subsidiary Terminal Link is to undertake a 50-year joint venture with Tianjin Port Development Holdings (TPDH) and Grand Asia International Shipping to manage a new container terminal at the port of Tianjin. The three-berth facility will be situated in Binhai New Area. Projected investment is $215m, of which TPDH will supply 60%.
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No IPO for Ningbo
17 Sep 2008
The current weakness of global markets means that China Ningbo Port Group will not undertake an initial public offering this year, according to China Merchants Holdings, which holds a 5.4% stake in the company. The IPO is, however, needed to raise money to fund expansion.
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China Shipping terminal shift
20 Oct 2008
China Shipping Container Lines is to assume control of China Shipping Terminal Developer from its parent company, the China Shipping (Group), for $380m. This company manages ports both within China and overseas.
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Nantong stake sold
14 Oct 2008
State Development and Investment Corporation subsidiary SDIC Communications plans to sell the 12.32% stake it holds in Nantong Port Group Company. The other two shareholders in the company have first refusal in acquiring the stake.
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Japanese to build Vietnamese terminals
29 Sep 2008
The Cai Mep container terminal and the Thi Vai general cargo terminal at the Vietnamese port of Cai Mep-Thi Vai are to be built by two Japanese joint ventures. Of the total $718m cost of the port, $328.5m will be financed by the Japanese Bank for International Cooperation, with the Vietnamese government funding the balance.
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Haicang project sold
21 Sep 2008
Xiamen International Port Company is to sell a project that it is developing in Haicang port to Haicang International Container Terminals Ltd for $59.6m. The project includes Berth 1, which will become a container handling facility.
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Slowdown in Yangtze Delta
24 Sep 2008
Ports in the Yangtze River Delta have reported a slowdown in container throughput growth in the first half of this year.
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Tanjung Priok branded 'unsafe'
17 Sep 2008
Indonesia's director-general of Customs and Excise has branded Tanjung Priok as "unsafe", because unauthorised visitors are able to move freely into the restricted areas, if they are prepared to bribe officials.
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New bids for Chennai box terminal
24 Sep 2008
Chennai Port has invited fresh bids for its Mega-Container Terminal after changes to the terms and conditions of the concession pushed the forecast cost up to $787m.
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Kochi copes with congestion
24 Sep 2008
If a container is left in the stacking yard at the port of Kochi for more than 15 days, it will now automatically be moved to a private container freight station as a congestion-busting measure.
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Colombo South Port development under way
19 Sep 2008
Tenders for the new Colombo South Port development are expected to be issued soon.
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Indira box terminal on
03 Oct 2008
Mumbai Port Trust and Indira Container Terminal have signed an agreement to build the $268m offshore container terminal, due to start operation in December 2010. The Port Trust will contribute $80m for dredging, reclamation, and provision of space for rail tracks.
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3i eyes south India
10 Oct 2008
The 3i Group is apparently considering investing up to $219m for a 26% stake in a southern Indian port operator, believed to be Krishnapatnam Port Company, which is developing a deepwater port in Andhra Pradesh.
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HPH undeterred by Indian 'confusion'
17 Sep 2008
A “confusing” operating climate in India has not deterred Hutchison Port Holdings from considering future investment options in the country, the company has confirmed.
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100% box scanning for Karachi
25 Sep 2008
Following a successful pilot programme at the Pakistani port of Qasim, US officials are now extending measures to scan all US-bound containers at the port of Karachi.
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