Asia – Page 24
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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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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.
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NewsChina expands port emissions curb
China’s Ministry of Transport has expanded a 0.50% sulphur limit for ships operating within three domestic emission control areas (ECAs) to 11 ports.
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Clarksons lifts the lid on China’s throughput
China’s economic growth has slowed in recent years, contributing to softer box throughput growth at mainland Chinese ports. But there has been a significant difference in trends in throughput between the country’s large and small container ports, according to Clarksons.
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Indian Cabinet approves Ports Authority Bill
The Indian Cabinet has approved a bill that seeks to enable greater efficiency in the governance of ports and provide autonomy in decision-making.
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Port of Subic expects increased port operations
Port of Subic has said that it expects increased port operations with Taiwan-based shipping lines on the back of the news that the Taiwan government is keen to establish a partnership with Subic Bay Metropolitan Authority (SBMA).
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Philippines Customs to drive port improvements
The Philippines Bureau of Customs has announced plans to develop and further boost its performance in 2017, partly through improved port facilities.
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NewsStrategic alliance for HK operators
COSCO Shipping Ports Limited and Hutchison Port Holdings Trust have entered into a formal collaboration for the co-management and operation of 16 berths across Terminals 4, 6, 7, 8 and 9 at Kwai Tsing in Hong Kong.
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NewsKing Abdullah on course for 4m teu capacity
King Abdullah Port expects infrastructure works for Berth 5 and Berth 6 to be finished in the next few weeks.
