Asia – Page 24
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Sri Lanka aims high
Sri Lanka aims to be more than a transhipment centre for India, according to comments from the port authority at the recent Colombo International Maritime Conference.
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Bangladesh looks to improve relations
In a far reaching move, Bangladesh has allowed India, Nepal and Bhutan to use its southwestern Mongla port as part of a stepping up of maritime relations between the nations.
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Storm wreaks havoc at Kaohsiung
A super typhoon has cause significant damage, devastation and chaos at Taiwan’s main port of Kaohsiung.
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NewsBusan: ‘business as usual’ post Hanjin
Despite the repercussions of the Hanjin Shipping Line bankruptcy being felt through the ports sector, Busan Port asserts that everything is under control at the port with disruption being kept to a minimum.
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NewsDevelopment of Malay-China alliance
An alliance between six Malaysian and 11 Chinese ports is to be stepped up and could trigger a new port, Malaysia’s Transport Minister Datuk Seri Liow Tiong Lai said.
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NewsHanjin bankruptcy leads to port disruption
The bankruptcy of the Hanjin Shipping line is already causing turmoil at ports in the US and beyond; cargo continues to be delayed at the point of origin and cargo-laden Hanjin ships are unable to get into ports.
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NewsChoosing sides
South Asian ports are getting, sometimes unwanted, helping hands, finds Stevie Knight
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Ports braced for impact of Hanjin collapse
The collapse of Korea’s Hanjin Shipping is set to have a major impact throughout the maritime supply chain, not least on ports and terminals owed millions of pounds in unpaid handling and storage charges.
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NewsKalmar appoints new head of APAC
Kalmar has appointed Peter McLean as head of the Asia-Pacific (APAC) region, he succeeds Ken Loh.
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NewsIndia eyes inland waterways project
The Indian government has announced plans to abolish the Tariff Authority for Major Ports (TAMP) and introduce a new Act that will govern the sector.
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Sri Lanka, China agree to mega port city
Sri Lanka''s Urban Development Authority, the Ministry of Megapolis and Western Development and the China Harbour Engineering Company (CHEC) have signed a tripartite agreement to re-brand the Colombo Port City as the Colombo International Financial City, and proceed with the construction of the mega multibillion dollar port city project as ...
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NewsChinese ports feel the pinch
The news that Maersk Line is to end services to and from ten Chinese ports from September in a cost cutting exercise could be construed as an unhappy symptom of China''s growth slow down.
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Penang port attracts investor
Nearly half of Penang Port is to be bought by utilities and infrastructure group, MMC Corp, the company said in a filing with the Malaysian stock exchange.
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NewsJurong cements multipurpose aspirations
Jurong Port has officially commenced operations of its Combi Terminal, which is tailored to the requirements of multipurpose vessels.
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NewsMoody's flags Chinese port pressures
A new report from Moody’s Investors Service has highlighted that port operators in China are facing headwinds from slower economic growth and weaker throughput outlook.
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Challenges for Asian rated port operators
The resilience of Asian port operators is being tested by weak commodity prices, high capital expenditure commitments and a liner industry struggling with overcapacity, according to Moody’s Investors Service.
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DP World to explore opportunities in Taiwan
DP World and Taiwan International Ports Corporation (TIPC) have signed a Memorandum of Understanding to explore growth opportunities in Kaohsiung Port’s Terminal 7 in Taiwan.
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NewsQinhuangdao port issues profit warning
Qinhuangdao Port has issued a warning to its shareholders and potential investors to expect a substantial fall in net profits for the first quarter of 2016.
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NewsKuantan's Asian transhipment aspirations
Kuantan Port Consortium (KPC) is building its New Deep Water Terminal (NDWT) which it says will become a major transhipment hub on the east coast of Malaysia for trade in and out of Asia.
