Asia – Page 81
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India warned not to miss out
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.According to a recent Bloomberg report, Indian ports will have to double their container handling capacity within the next five years. ...
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Xiamen to sell stake
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Xiamen, the nearest port to Taiwan, is currently considering selling off a 9.9% stake to strategic investors. The sale would be ...
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HONG KONG
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.A package has been assembled to reduce port costs in Hong Kong. It is hoped that the measures, which include cuts ...
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MUMBAI
Hutchison Port Holdings and Evergreen Marine Corporation have been left disappointed as India''s internal security committee rejected their right to bid for a US$270m offshore container terminal at Mumbai. Indian intelligence authorities are apparently unhappy about the increasing presence in the country of businesses with Chinese connections.
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NewsJohor Port
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Johor Port, which is currently listed on the Malaysian stock exchange, could either be wholly privatised or acquired by MMC Corp. ...
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NewsJakarta gets stubborn on charges
In a move that has shocked shipping lines, Indonesia is enforcing its 37% terminal handling charge cut. Ships are being barred from leaving Jakarta unless their owners play ball and put it in writing that they will submit to the new charges.
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NewsFour shortlisted for Sethusamudram
Jan de Nul/Boskalis, Hyundai Engineering, Dredging International and Van Oord have been shortlisted for the contract to undertake dredging on three sections of the US$537m Sethusamudram Ship Canal Project . The entire project will involve four tranches of dredging of which the first has already been awarded to the Dredging ...
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KOCHI
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Partial approval has been given to a proposal by India Gateway Terminal for an increase in charges at Kochi. An 8% ...
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VIETNAM
There are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.P&O Ports is to invest US$300m in building a new port in Vietnam's Hiep Phuoc industrial zone capable of handling 1.5m TEUs a year. Construction is scheduled to commence early next ...
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Sethusamudram channel dredge goes ahead
India is to go ahead with plans to dredge the Sethusamudram channel, known as " India''s Suez" , between a group of islands separating the mainland of India from Sri Lanka. The US$550m project will reduce transit times between the country''s west and east coast by 30 hours, although is ...
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JAVA
A new floating coal handling terminal, Kimtrans Suralaya, has opened in Western Java to serve the Indonesian Suralaya power station. The station uses 11m tons of coal each year, being the largest in Indonesia. Barges will serve the new floating terminal which will transport coal ashore by conveyor belt.
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NANSHA
There are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.Cosco Pacific is to sell a 20% stake to APM Terminals in the container terminal that it manages at the Chinese port of Nansha. As a result, APMT will have an ...
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TANJUNG PEPEPAS
There are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.A Malaysian government bank has granted the port of Tanjung Pelepas a loan of US$196m to finance part of its US$345m expansion plan. The port authority has also moved to scotch ...
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CHENNAI
There are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.Customs authorities at Chennai have adopted a new procedure which effectively prevents export containers from entering the port if they do not have either proper Customs documents or other relevant paperwork ...
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GWADAR
There are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.Expressions of interest have been received from domestic and international port operators to take over operations at Pakistan's Gwadar port. Dubai Ports International, Global Marine Service Company, Pakistan International Container Terminal ...
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NewsFrom Engineering to Operations
Portek’s chief, Larry Lam is making inroads into terminal operations. He spoke to Dave MacIntyre.
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Traffic growth slowing at Chinese ports
Figures released by China''s Ministry of Communications indicate a slowing of the rate of growth in national maritime traffic. For the first two quarters throughput totalled 1.87bn tons, an increase of 18.7%.
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NewsMaersk/P&O Nedlloyd merger to boost PTP throughput
The merger of Maersk and P& O Nedlloyd should eventually result in the transfer of 1m TEUs from Singapore to Malaysia''s port of Tanjung Pelepas (PTP).
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MUMBAI
Issued in July, the bonds are in S$250,000 (US$151,000) denominations. Three-year bonds will bear interest at the six-month Singapore dollar swap offer rate less 0.06% per annum, and 10-year bonds will earn 2.83% interest per annum, both payable semi-annually.Eleven of 12 bidders for the Mumbai port box terminal project have ...
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LAEM CHABANG
Issued in July, the bonds are in S$250,000 (US$151,000) denominations. Three-year bonds will bear interest at the six-month Singapore dollar swap offer rate less 0.06% per annum, and 10-year bonds will earn 2.83% interest per annum, both payable semi-annually.The Port Authority of Thailand has confirmed that Hutchison Port Holdings (HPH) ...
