Asia – Page 55
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Indian government selects six new port projects to finance
The new Indian government has promised to award contracts worth an estimated $692.7m for six port projects within the first 100 days of its administration. In addition, a further 23 projects will be analysed.
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HPH backs away from Colombo tender
Hutchison Port Holdings has pulled out of bidding for Sri Lanka''s Colombo South Harbour terminal.
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PSA-Sical prohibited from Tuticorin bid
PSA-Sical Terminals Ltd has been barred from bidding for the concession to operate a new container terminal at the southern Indian port of Tuticorin.
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Terminal 75 out to tender
Kaohsiung Harbour Bureau is to issue an international tender for the concession to operate Terminal 75, which is to be vacated in August by Maersk. Previously, China Ocean Shipping group had been rumoured to have been offered a lease.
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Break bulk cargo crippling Saigon
Limited capacity at Saigon port in Vietnam has led to unprecedented congestion of break bulk consignments. A maximum of 25 vessels can access berths at any one time and in recent months more than 15 vessels have been forced to wait at anchor for want of available slots. The Port ...
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Deadline extension for Colombo South Harbour
Bidders interested in building and operating the South Harbour at the Sri Lankan port of Colombo have been given a deadline extension until July 15, to compensate for changes that were introduced to the terms and conditions. The initial deadline had been set at June 15.
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SP-PSA starts up with 'Alexandrite'
SP-PSA International Port, Vietnam''s first deep sea container terminal, has celebrated the official start of operations at its new terminal in Ba Ria - Vung Tau province with the arrival of the APL Alexandrite.
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Three Sino-Russian ports planned
China has announced a budget of $50m to build three multi-functional ports on the border with Russia. These will be sited at Tuntszyan, Jiamusi and Big Ussuri. Not only will these facilities be designated transport hubs, but they will also be involved in controlling water quality and responding to cross-border ...
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HPH invests in Karachi
HPH is to invest in estimated $457m in Karachi''s new Deep Sea Container Port, which will generate royalty payments of $1.1bn during the concession.
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Schedule slips for fourth JN box terminal
The original bidding deadline of April 30 established by the Indian port of Jawaharlal Nehru for its proposed fourth container terminal is now been extended to June 1.
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Pakistan project opens to tenders
June sees the opening of the tender process for Pakistan''s port optimisation project.
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Box slump continues in Hong Kong
In March, Hong Kong registered its fifth consecutive month of falling container traffic. It handled 1.625m teu, equivalent to a decline of 18.9%. For the first quarter of 2009, throughput amounted to 4.542m teu, down 21.1%.
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Greenpeace warns of threat
A port development is about to threaten two sites of ecological significance in eastern India, environmentalist group Greenpeace has warned, despite their ''protected'' statuses.
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A chance for non-container cargoes to shine
Many of South East Asia''s key ports are taking advantage of the sliding box sector to focus attention on non-containerised cargo.
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Asia's year of thrift
South East Asian ports are tightening the purse-strings as the recession bites out east. Mike King reports
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Wuhan mega-port go-ahead
The city of Wuhan is to invest $731m on the creation of a mega-terminal port complex, whose go-ahead has been approved by the state government.
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Evergreen out of Kaohsiung
A report that claims the Evergreen Shipping Group is to pull out of Kaohsiung has been strongly denied by the company.
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Shanghai and Ningbo in merger talks
The Chinese ports of Shanghai and Ningbo are reported to be in negotiations on a possible merger sometime in the near future.
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Two Tianjin terminals merge
Tianjin Port Development (TPD) has acquired 56.81% of rival Tianjin Port Holdings, which also manages the Chinese Port. TPD is to issue new shares to finance the $1.4bn transaction.
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Nine bid for Chennai
Nine bids were received to build the planned Chennai Mega-Container Terminal, which will be implemented as part of a build-operate-transfer contract lasting 30 years. The project requires investment of $730m over four years.