Asia – Page 24
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Myanmar encourages foreign investment
Myanmar’s government has made a strong pitch to foreign investors to commit to its ports at the 15th ASEAN Ports and Shipping conference.
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Port of Sihanoukville outlines expansion plans
Sihanoukville, Cambodia’s recently-listed gateway port, outlined its expansion plans at the 15th ASEAN Ports and Shipping Conference.
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Philippines Coast Guard to take over port security
The Philippines government has ordered the Philippine Coast Guard (PCG) to take over security of all the country’s ports and waterways.
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NewsSpeculation over Adani bid for Pipavav
Gautam Adani’s Adani Ports and Special Economic Zone Ltd (APSEZ) is looking to acquire a 43.01% stake in Gujarat Pipavav Port Ltd (GPPL) from APM Terminals, India-based news website Livemint has reported.
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Sihanoukville readies for listing
Sihanoukville port is to list on the Cambodian stock exchange tomorrow, officials with the IPO’s underwriter told Port Strategy.
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Busan plans data centre
Busan Port Authority (BPA) has announced plans to build an integrated data centre to make the port more competitive.
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Crane collapse at Jebel Ali
The recent crane collapse at DP World’s flagship terminal Jebel Ali, has once again thrust the issue of terminal safety into the spotlight.
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NewsChina moves in on Myanmar
Reuters says that China is looking to take a stake of up to 85% in what it sees as a strategically important sea port in Myanmar.
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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.
