Asia – Page 90
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News
New terminal capacity in Bangladesh
Chittagong Port Authority and the China Harbour Engineering Group have signed an agreement for the construction of the New Mooring Container Terminal at the port. Phase I, which will involve the building of a 1000 metre long quay and associated container terminal, will require development of a 22ha site at ...
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NewsScott Wilson in Hong Kong
Overall, he notes, Indian ports are beginning to lack competitiveness compared to other regional players, which places the country's overseas trade at risk.Phased operations have now commenced at CT9, Hong Kong's newest and largest container terminal. The last of the six new berths is to be completed and handed over ...
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PSA Corp interested in Vizhinjam
Overall, he notes, Indian ports are beginning to lack competitiveness compared to other regional players, which places the country's overseas trade at risk.PSA Corp has expressed a strong interest in investing in the proposed deep-sea container terminal to be built at the Indian port of Vizhinjam, which it claims demonstrates ...
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Gwadar scheduled for 2005
The new Gwadar port will commence operations, on schedule, in March 2005. The initial phase, costing $298m, will involve three operational deep-sea berths, with additional phases due to add up to nine more and is being built by Chinese engineers.
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NewsTHAT CHINA FACTOR AGAIN
With its sterling economic performance, China has overshadowed the region. But while China is a formidable rival in the battle for foreign investment, forcing several of its neighbours to make painful readjustments, it is also an ally. Its expansion has created fresh opportunities for Southeast Asian companies and countries, reports ...
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News
Colombo to bring in scanning equipment
"We've had the Port Security Facility Assessment done, " says security manager Denis Murphy. "It will be a month before TRANSEC come back with their written report." Murphy then has two months to put together a Port Security Facility Plan which will include all the berths on the river.As part ...
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News
$4 billion for Colombo
The majority of this would be spent on creating a breakwater, with some work to the quay.A report on a planned $4 billion development of Colombo port is due to be published. The project, which is being promoted by the Sri Lanka Export Development Board, will add a further 13 ...
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Joint Thai/ Myanmar port
The majority of this would be spent on creating a breakwater, with some work to the quay.Myanmar and Thailand are to cooperate on the establishment of a new joint-venture deep-sea port at Dawei in southern Myanmar. The project will go ahead as part of the economic cooperation strategy put together ...
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PTP concedes regional competition will grow
Malaysian transhipment hub PTP expects to face growing competition from new ports in both Thailand and Indonesia in the near future, concedes ceo Mohd Sidik Shaik Osman, adding that developing infrastructure at Chinese ports would inevitably lead to more direct calls, lessening the need for transhipment.
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India to invest $25 billion
Indian prime minister Atal Bihari Vajpayee revealed that $25 billion is to be invested in domestic ports as part of a series of upgrading and construction projects, with investment sought from European companies.
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News
XICT buys new cranes
Xiamen International Container Terminals (XICT) has purchased two super post-Panamax quay cranes to strengthen the terminal''s productivity as well as enhance the competitiveness of the Haicang Port Zone.
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NewsTHE CHINA FACTOR
Gavin van Marle examines the opportunities for foreign investors in China''s burgeoning container handling sector - and in its hinterlands.
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News
Chinese and Trinidad & Tobago select SeaSecure
The Chinese government has selected maritime security and counter-terrorism consultants, SeaSecure, to provide training for the Hong Kong Marine Department in preparation for ISPS Code compliance.
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News
Guangzhou attracts investment
Applications totalling over $987m had been submitted by ports across the country seeking funding assistance in order to comply with new U.S.The Guangzhou Nansha Development Zone, located at the very heart of the Pearl River Delta, claims to have inked nine maritime development projects worth $673m to add to eight ...
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News
Five bid for JNPT
Five of eight interested parties have entered firm bids for the concession to run the third container terminal at JNPT in India.
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NewsAsia boosts NY & NJ volumes
Continuing growth in Asian trade boosted container volumes at New York-New Jersey by 14.6% during the first half of 2003. Imports from East Asia grew by 38%, while imports from Southeast Asia grew by 31%. Asian imports now account for 41% of all cargo handled by New York-New Jersey. This ...
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News
Vizhinjam major box player?
Kerala Port Department (KPD) is progressing plans to convert Vizhinjam into a major international container terminal. Despite the fact that it is only 200km from the location of the proposed Vallarpadam transhipment terminal, near Kochi, KPD insists it will not affect traffic.
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News
Cosco to invest in Tianjin
During the past year, 1,100 new longshoremen were hired, increasing employment for an industry that already supports 228,000 jobs in the region.Cosco Pacific, the Hong Kong-based subsidiary of China's largest shipping line, has signed a memorandum of understanding to take a 50% stake in the construction of six new berths ...
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News
Hong Kong needs CT 10
During the past year, 1,100 new longshoremen were hired, increasing employment for an industry that already supports 228,000 jobs in the region.Hong Kong needs to build Container Terminal 10 after Kwai Chung's CT9 has come fully on stream by 2005, to raise its long term competitiveness, the head of the ...
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NewsBusan back on track
The South Korean port of Busan expects to be back to its previous operational state by April following repair to major damage inflicted by Typhoon Maemi last September. Eleven quayside gantry cranes had to be withdrawn for repair with two already back in operation by the end of 2003. All ...
