Asia – Page 54
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NewsIndia investing $4bn in ports
India''s Ministry of Shipping is to award contracts for 28 projects worth $4.11bn in 2009-10.
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NewsIndonesian ports court private investment
Indonesian state port operator, Pelindo I, has signed partnership agreements with 11 private-sector companies to develop logistics and ports business in the west of the country worth $500m over the next five years.
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Bangladesh Sonadia project gets the green light
With new port plans finally given an official nod, Bangladesh is looking to public/private finance for further developments.
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Pakistan, Sri Lanka and Bangladesh
Sri Lanka''s Colombo port is going for megahub status with $400m investment in breakwaters and infrastructure to form a deep water harbour as the existing facility is depth limited and becoming congested, says Don Wootton of Scott Wilson.
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NewsWill South Asia be ready to play?
Are South Asia''s ports finally tackling operational barriers? Stevie Knight reports
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Legal problems stall Vizhihjam box terminal project
Developer Lanco Kondapally Power Limited has withdrawn from the project to build the proposed Vizhinjam container terminal.
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PPA expanding with French cash
Philippines Port Authority (PPA) is to receive a loan of ¢ 170m ($239m) from the French government by the end of August. This will help fund six new port projects. Originally, finance was to have come from Spain, although a deal with the Spanish government eventually fell through.
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New Murmansk relief port
A new port is to be developed on the Kola peninsular in the Murmansk region of Russia by 2010. This is needed because the existing Murmansk port is operating beyond its engineered capacity.
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Wuhan building major port complex
The Chinese city of Wuhan is investing $3.4bn in building a major port complex. There are two main projects being developed across two phases. One of them will be a bulk terminal capable of handling 800,000 tonnes and the second a four-berth container terminal with 1m teu capacity. Partial opening ...
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NewsBusan picks New Port partner
A joint PSA and Hanjin consortium has been awarded the operating rights to Phase 1-1 at Busan New Port, consisting of three berths.
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One bid for new Colombo box terminal design
A single consortium, consisting of Aitken Spence and China Merchant Holdings, has bid for the contract to design and build the proposed new container terminal in the Sri Lankan port of Colombo. The bid is being technically checked prior to a contract being signed.
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Indian concession could be re-tendered
The government of the Indian state of Andhra Pradesh is reviewing the concession for the Machilipatnam port project that was awarded to the Maytas Infra-led consortium, given the failure to achieve financial closure. This requires investment of $328m, which should have been in place on April 21.
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Second half recovery forecast for Chinese ports
Recently published statistics suggest that traffic at Chinese ports is making a recovery.
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Two new terminals for Tianjin
According to official Chinese sources, construction began on 28 July of two new terminals in the port of Tianjin. These were the Nanjiang Special Ore Terminal and the Shenhua Coal Terminal. The former, which will have a 23m tonne capacity, will require investment of $430m, while the latter will require ...
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NewsLower operating costs for Hanjin
Hanjin New Port Company terminal (HJNC) in Busan, Korea has claimed the designation as the world''s first "horizontal terminal" equipped with an automated management system.
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Bangladesh looks at ports corruption
Bangladesh''s Shipping Ministry''s parliamentary standing committee has set up a sub-committee to investigate alleged corruption and irregularities regarding the contract awarded for container handling at the port of Chittagong. The decision was prompted by the fact that the lowest bidder for the contract was not awarded it.
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Indonesia needs mega-port
Users of Indonesia''s Tanjung Priok Port have again called for the merger of its two container terminals - Jakarta International Container Terminal and Koja Container Terminal - to form a major hub able to compete with those in nearby Singapore, Malaysia and China.
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Cochin gets first middle-size VTMS in India
The first middle-size Vessel Tracking and Management System operating in India has been installed in Cochin port. The project makes use of VTS database customisation, meaning that the system, which includes a number of Transas software and hardware components, can be tailored according to a port''s needs.
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JN Port wants wider channel
Jawaharlal Nehru Port is to finally issue a new tender for the deepening and widening of the main harbour channel. This aspiration of the port authority has been ongoing since 2004. Forecast cost has now reached $178.7m.
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Port Klang corruption tackled
Accusations of corruption at Port Klang Free Trade Zone have prompted the government to appoint a committee to oversee the re-launch of this body.
