Asia – Page 21
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News
Bangkok ready to open CFS bidding
Bangkok Port is preparing to open bidding for a container freight station (CFS), officials have told Port Strategy.
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NewsDP World to invest USD$1bn in India
DP World and India’s National Investment and Infrastructure Fund (NIIF) have signed a Memorandum of Understanding (MoU) to develop the logistics sector in India.
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Westports join bid for Colombo’s terminal project
Westports Holdings has submitted an expression of interest to participate in the consortium of six companies led by Hayleys bidding for Colombo Port’s East Container Terminal in Sri Lanka.
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Sihanoukville to build new $200m terminal
Sihanoukville Autonomous Port (SAP) is to build a $200m container terminal as part of an expansion project due to be completed by 2022.
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Cabotage rules outdated in Malaysia
Malaysia should abolish cabotage for Sarawak, a senior government official has recommended.
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NewsDrewry: get used to congestion in China
Fast growing inbound trade is just one of the many factors causing port congestion at China’s major ports. Other factors include bad weather, the restructuring of alliance networks, ever-bigger ships and shippers’ eagerness to move cargo ahead of planned rate increases.
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MoU to study Carey Island projects
MMC Port Holdings (MMC), Sime Darby Property Berhad and Adani Ports and Special Economic Zone (APSEZ) have signed a Memorandum of Understanding (MoU) to study the feasibility of developing an integrated maritime city on Carey Island, Malaysia.
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NewsSri Lanka seeks to reduce China’s stake
Sri Lanka’s government is seeking to reduce China Merchant Port Holdings’ stake in a strategic port project by up to a quarter as part of a renegotiation aimed at addressing public and political opposition to the deal, Reuters has reported.
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Jiangsu to merge port assets
Nanjing Port and Lianyungang Port have announced that they have received a notice from their controlling shareholders regarding the establishment of Jiangsu Port Group.
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NewsLess competition, more connectivity
South East Asia’s ports need to look beyond boxes to better serve customers. Mike King reports
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News"Major transformations" for CMPort
For China Merchants Port Holdings Company Limited (CMPort), focusing on homebase port development and overseas expansion helped to bump container throughput up by 14.5% (95.77 million teu) in 2016.
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Guangzhou Port looks to share offer
One of the largest hub ports in South China is planning a share offer in the first half of 2017, seeking financing to expand business, according to a senior company executive.
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Philippines committed to Davao upgrade
The Philippines Port Authority remains committed to modernising the port of Davao and a future privatisation has not been ruled out, but plans to spend some P19bn as part of a public-private partnership have definitely been shelved.
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NewsTianjin caught up in China’s war on smog
Radical steps to tackle air quality in China’s most polluted cities could have ramifications for the Port of Tianjin, Reuters has reported.
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NewsSeeing through the fog
Fog dominates East Asia''s figures in more ways than one, writes Stevie Knight
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News
MMC takes controlling stake in Malaysian port
MMC has taken 70% equity interest in Tanung Bruas Port operator KMB Seaport for $4.7m, strengthening its hold on the Malaysian port sector.
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NewsPort Klang edges closer to top ten ranking
Based on its performance in 2015, Port Klang says it should be ranked in 11th place in the World Container League for 2016, moving up one spot from 2015.
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Need for Port Klang mega hub questioned
Port Klang''s mega hub plans have been met with skepticism by a leading ports analyst.
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NewsDP World chief sees potential for growth in India
Making ports more productive across India rather than building more greenfield sites is the way forward, said DP World group chairman and chief executive Sultan Ahmed Bin Sulayem at a summit in Ahmedabad, India.
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NewsSingapore to start truck platooning trials
The Singapore Ministry of Transport (MOT) and PSA Corporation have signed agreements with two automotive companies – Scania and Toyota Tsusho – to design, develop and test-bed an autonomous truck platooning system for use on Singapore’s public roads.
