Asia – Page 67
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DP World active in Malaysia
DP World and the MMC Berhad Corporation have signed a memorandum of understanding to develop 9.125m sq m of land in South Johor, Malaysia. This will be used to develop a $5bn maritime centre.
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NewsChinese lines eye Sines
Increased Chinese imports are making operations at Portugal's only deep-water port of Sines ever more viable, claims concessionaire PSA.
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CMH active in Zhanjiang
Hong Kong-based China Merchants Holdings (CMH) has reached an agreement with the municipality of Zhanjiang to transform Zhanjiang Port Group into a private company, Zhanjiang Port (Group) Co Ltd, with a capital of $479m. CMH is paying $215m for a 45% stake in the joint-venture.
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NewsNorthport ups conventional cargo operations
Port Klang operator Northport is to invest $29m in enhancing its operational area for conventional cargo at Southpoint.
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28 eye Vizinjam
A total of 38 companies are reported to have requested the tender documents for a proposed international container terminal at Vizinjam. Maersk and PSA are among those interested.
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NewsIndian ports not performing
The Indian government is being criticised for its inability to implement a proposed $12.4bn ports upgrade plan to enable the country to keep pace with growth in traffic.
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SPLA in the dock
Sri Lankan Ports Authority and members of the Cabinet Appointed Negotiating Committee are being legally challenged on their decision to continue to evaluate a bid by Hutchison Port Holdings in respect of the South Container Terminal of the Colombo Port Expansion Project, despite the fact that the bid had been ...
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Jiangsu in capacity boost
Jiangsu Lianyungang Port Company in China is to invest $2.6bn over the next three years to boost capacity.
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Liquid gold for GIP
Private equity firm Global Infrastructure Partners (GIP) has agreed a joint venture with Zeus Infra-management, in a deal that includes a 74% stake in liquid storage specialist East India Petroleum Limited.
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Congestion in Calcutta
Congestion at Calcutta Dock System has become so bad that stacking of containers has been banned in the yard; instead, boxes must be immediately whisked to container freight stations (CFS) located nearby.
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Sweet deal for Nectar
UK-based bulk handling specialist Nectar Group Limited has entered into a joint venture with India”s United Shippers Limited.
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Port Klang wants to expand
Consulting firms have been asked to submit proposals to Port Klang Authority on a feasibility study of the development of a piece of land adjacent to Northport.
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Dhamra seeks foreign loan
Dhamra Port Company, is looking into the possibility of securing of foreign loan to fund dredging at the port project it is developing in Orissa.
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New Indonesian port attracts global interest
PSA, HPH, APM Terminals, SSA and CMA CGM have all registered to bid for the project to build Bojonegara Port in Indonesia.
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PaKistan's ports not competitive
A report compiled by the Pakistan''s Competitiveness Support Fund has warned that high costs at its ports could actually be damaging world trade.
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Chittagong in the ascendancy
Recent figures posted by Chittagong Port clearly show that productivity is improving following privatisation of Chittagong Container Terminal.
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Two new deep-sea ports for Vietnam
Vietnam National Shipping Lines is to build a deep-water port in the Van Phong industrial development zone requiring $184m of investment.
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Sixth box terminal for Kaoshiung
Yang Ming is to invest more than $360m in what will be the sixth container terminal at the port of Kaohsiung.
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Malaysia eases equipment sourcing restrictions
The Malaysian Ministry of Finance has suspended the law requiring port authorities to source gantry cranes from one nominated manufacturer, on the back of complaints from ports who have experienced serious delivery delays.
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NewsIndian partner complements Gulftainer's expansion plans
United Arab Emirates-based terminal operator Gulftainer has inked an agreement with one of the fastest growing corporate entities in India to broaden its reach in the ports and transport arena.
