Asia – Page 18
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NewsMyanmar encourages foreign investment
Myanmar is moving ahead with plans for foreign investment in its port sector to upgrade jetties along the coast into international-standard ports.
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NewsConfusion over Kampot construction
Confusion has arisen over the exact status of the construction of a new seaport in Cambodia’s Kampot.
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NewsSouth Korean cargo growth recorded
Cargo processed at ports in South Korea was up 4.1% year-on-year in 2017, Yonhap News Agency said that data from the country’s Ministry of Oceans and Fisheries showed.
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NewsShanghai considers free trade port
Shanghai will consider building a free trade port to facilitate trade and investment, Mayor Ying Yong has said.
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NewsNew PAS terminal promises more capacity
A new multipurpose terminal in Sihanoukville Autonomous Port (PAS) will increase vessel capacity and reduce shipping costs.
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NewsDPW partners fund to invest in India
DP World and India’s National Investment and Infrastructure Fund (NIIF) have created a new platform to invest in ports, terminals, transportation and logistics businesses in the country.
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India extends credit for Kankesanthurai harbour
India has extended a $45.27m credit line to make Kankesanthurai (KKS) Port in northern Sri Lanka a viable commercial port, India’s Export-Import (Exim) Bank said in a press statement.
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NewsSolar power deal for PSA Singapore
Sunseap Group will construct and install an eco-friendly solar photovoltaic system at PSA’s Singapore terminals to reduce its carbon footprint.
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NewsPSA’s volumes increase by 9.8%
2017 saw PSA International handle 74.24m teu at its ports across the globe, with the group’s volumes increasing by 9.8% over 2016.
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NewsChinese minister supports free-trade ports
China''s commerce minister Zhong Shan has shown his support for the construction of free-trade ports in the country.
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NewsVisakhapatnam storage charge solution
The Hindu Business Line has reported that the country''s Shipping Ministry is seeking to breathe a new lease of life into at least four stalled public-private-partnership (PPP) projects in Visakhapatnam Port Trust by reaching an amicable solution regarding the issue of storage charges.
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NewsPSA invests in young port talent
PSA Corporation Limited is investing in a new laboratory to facilitate skills-based learning in the industry and foster new talent for its operations.
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NewsNingbo-Zhoushan still world’s top port
The Port of Ningbo-Zhoushan has retained its place as the world’s top port in terms of cargo throughput, registering 11.3% year-over-year growth.
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NewsShanghai world’s most connected container port
Shanghai has come out top in a new Drewry index ranking the connectedness of the world''s container ports.
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Guam Authority considers $72.6m borrowing
The Port Authority of Guam could soon borrow a $72.6m bond to fund infrastructure upgrades at the Port of Guam if territory Governor Eddie Calvo signs the bill permitting it to do so.
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NewsMyanmar keen to restart Dawei project
Myanmar''s government is looking into ways to restart the currently-suspended development of a Special Economic Zone (SEZ) which includes a deep-sea port in Myanmar.
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NewsChabahar Port aids Indian trade
An agreement which allows Indian goods to bypass Pakistan has been declared “strategically and commercially very important.”
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NewsPartnership to develop human capital for Tuas
A new partnership aims to cultivate engineering and infocomm technology professionals for Singapore’s next generation port in Tuas.
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NewsJapan to fund Patimban port
Japan’s government has made a $1.04bn (Rp 14.2tr) loan agreement to fund the Patimban deep seaport venture in Subang in Indonesia.
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NewsPort worker killed at ICTSI Jakarta terminal
International Container Terminal Services (ICTSI) has expressed its commitment to compliance following a worker''s death at its Jakarta terminal.
