Asia – Page 16
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NewsCosco strikes merger agreement
COSCO SHIPPING Ports has reportedly entered into a merger agreement with Tianjin Port Holdings and China Merchants International Terminals.
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NewsDream peddling of Belt and Road
China has turned down the rhetoric on its global ‘connector’ scheme to overcome criticism of the project’s intentions. Stevie Knight reports on the latest strategy
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MOU delivers automation progress
An MOU between Navis and Tianjin Port Group to accelerate technology innovation has already seen the organisations partner on several projects in China that involve a range of different automation solutions.
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NewsChina port operators to feel tariff fallout
The US-China trade war will likely see port handling charges decline, resulting in a reduction of revenue and profit margins for China Merchants Port Holdings, Hutchison Port Holdings and Shanghai International Port, a new report has found.
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NewsJapan, India and Sri Lanka to develop Colombo
The governments of Japan, India and Sri Lanka have agreed to jointly develop the Port of Colombo to increase the port''s container volume and enhance marine transportation in and around South Asia.
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Malaysia reforms to improve competitiveness
Malaysia is planning to abolish some regulations to make its ports more competitive, especially in the transhipment sector, a senior government official has said. Many of the regulations were created to try to curb smuggling, but are now seen as hindering trade.
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Nod for new Yangon container terminal
Adani Yangon International Terminal has received approval to develop a second container terminal in Ahlon in Yangon, according to the Myanmar Investment Commission (MIC).
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NewsPoti faces cargo mobility challenges
The biggest challenge for a new terminal at Georgia’s Port of Poti will be ensuring there are feasible transport routes for delivering goods to key markets including central Asia, a finance expert has said.
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NewsRazon: Mixed bag for ICTSI ports this year
The chairman and president of ICTSI, Enrique Razon, Jr, has said that the business’ ports face mixed prospects in 2019.
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NewsFatal crane fire prompts Kolkata shutdown
An investigation is underway at the partially shut Port Haldia following the death of a worker who was forced to jump from a burning crane after a fire broke out.
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Singapore reveals Tuas schedule
The Tuas Terminal mega port will commence its first phase of operations in 2021 with two berths for ships, the Maritime and Port Authority of Singapore (MPA) has said.
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NewsICTSI eyes Philippines expansion
International Container Terminal Services Inc (ICTSI) is negotiating with banks to purchase the facilities of bankrupt shipyard Hanjin Heavy Industries and Construction Philippines (HHIC Philippines).
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NewsLoke responds to Melaka Gateway suit
A judicial review application has been lodged in Malaysia challenging the Minister of Transport''s decision to revoke a port operating licence for the $10bn Melaka Gateway integrated deep-sea port venture.
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NewsNavis helps SAGT prepare for growth
Cargotec firm Navis and Sri Lanka’s South Asia Gateway Terminals (SAGT) have agreed a deal to use Navis optimisation and analytics services to help the terminal prepare for growth.
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HPH seals deal for world's largest STS hub
KA Petra Sdn Bhd (KA) has signed an agreement with Hutchison Port Holdings to become a strategic partner in jointly developing the world’s largest ship-to-ship (STS) transfer hub in Malaysia.
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NewsBatu Ampar investment to rival PSA Singapore
Indonesia''s state port operator PT Pelabuhan Indonesia I (Pelindo I) has invested S$115m into the Port of Batu Ampar to raise its competitiveness in a move which may pit it against PSA Singapore.
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NewsA region of port powerhouses
China may dominate the port top ten, but it’s not the only country making sure its voice is heard in East Asia, finds Kate Jones
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NewsSoutheast Asia takes reinvention seriously
Southeast Asia, once considered a pool of low-cost labour, is attempting to ditch its old labels and loosen the grip of some established institutions, writes Stevie Knight
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NewsMajor port operator battles “headwinds”
The outgoing group chairman of PSA International has described 2018 as “beset by … headwinds” in a year which saw annual net profit down 2.3%.
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Port Klang welcomes foreign investment
Expansion of Port Klang in Malaysia using foreign and Chinese money is being encouraged, Malaysian Transport Minister Anthony Loke has said.
