Asia – Page 51
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NewsCommercial operations start at Pusan Newport
Pusan Newport International Terminal (PNIT), a joint venture between PSA International Pte Ltd (PSA) and Hanjin Corporation in Busan New Port, South Korea, has started commercial operations as a Pacific transhipment hub.
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Singapore extends dues concessions
The 10% concession for ocean-going vessels mooring at the Port of Singapore for not more than 10 days has been extended for a further six months to September 30, as has the 20% port dues concession for commercial harbour craft. The concession was originally introduced to help the industry during ...
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NewsTrade increases only part of the recovery picture
World shipping trade is forecast to grow 8.5% this year, according to the latest forecast from IHS Global Insight''s World Trade Service.
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NewsAnother link in Chinese chain
A new Chinese canal project should strengthen Wuhan’s role as a shipping hub in the middle reaches of the Yangtze River, according to David Lammie of Yangtze Business Services.
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NewsChinese ore boycott to hit nation's ports
China’s boycott of Australian and Brazilian ore could hit both Qingdao and Rizhao ports in the short term, since these handle a large proportion of the iron ore imports that enter China.
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NewsIndia’s ports to benefit from Colombian coal
India’s ports stand to gain from yet another coal stream as Colombian coal joins the imports from Indonesia.
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JNPT to open two more box terminals
JNPT is designing two additional terminals, including a fourth container terminal, priced at an estimated $1.5m.
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Ningbo to go for Shanghai listing
Ningbo Port plans to list shares on the Shanghai stock exchange by the end of the second quarter of this year.
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Chennai looks for terminal share partner
Chennai Port Trust is discussing with PSA-Sical the possibility of sub-letting part of its new container terminal, given that it is currently handling fewer than 20,000 boxes.
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NewsNew port for West Bengal
The Indian government has recently proposed partially funding the development of a port on Sagar Island in West Bengal, hoping to release the bottleneck that presently strangles the area.
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On the right tracks
Rail and road links are opening apace – necessary since China is pulling in larger and larger amounts of natural resources through its ports.
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NewsA value-for-money approach
APM terminals’ Asia Pacific operation has been in the thick of the recent industry upheavals, and while there are some positives signs of growth, the squeeze is still on.
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NewsYangtze aims higher – and deeper
A port survey has shown that the total investment earmarked for expansion and renovation projects along the 2,838km navigable length of the Yangtze river now comes to around $4bn.
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Privatisation plan for Burma’s ports
Three major Rangoon ports handling 90% of Burma’s imports and exports are to be privatised, the military ruling junta has announced.
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Maersk sees hard grind ahead
The managing director of Maersk Malaysia, has warned that the ‘recuperation’ of the transport of containers in 2010, although clearly taking place, will not be easy.
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Bangladesh port plan unveiled
The government of Bangladesh has announced plans to develop the country''s sea, river and land ports.
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Five bid for NMPT terminal
New Mangalore Port Trust has shortlisted five bidders for the contract to build and operate a new container terminal costing $60m.
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NewsPrivate investors needed in Chittagong
Chittagong Port Berth Operators and Ship Handling Operators Association has emphasised the need to get private investors involved in the introduction of modern maintenance systems at the port.
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Good year ahead for dry bulk
JP Morgan Chase & Company is predicting that iron ore volumes dispatched by sea will grow by 5.7%, while both coal and grain will go up by 3.8%.
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Green light for second Chennai box terminal
India''s Private Public Partnership Advisory Committee has given the go-ahead for a new $776m container terminal to be built at Chennai.
