Asia – Page 80
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PARADIP
Chairman Sultan Ahmad Bin Sulayem said: "The only valid bid for P&O is from DP World.Paradip Port Trust remains unhappy with earlier proposals it received to build three new berths, one of which will be a deep draught facility. It may therefore invite fresh bids or ask for modifications on ...
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IMPSA on a roll
Chairman Sultan Ahmad Bin Sulayem said: "The only valid bid for P&O is from DP World.The Malaysian-Argentinian IMPSA Port System crane manufacturing company is to deliver eight additional quayside gantry cranes to the Malaysian ports of Northport, PTP and Penang by the end of 2006. The three Northport cranes which ...
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NewsChina needs dry-bulk investment
Industry professionals have identified a problem with Chinese ports handling iron ore and coal imports. Perennial delays it is claimed, are harming economic growth.
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CHINESE PORTS IN HONG KONG IPOS
Tianjin Port Development Holdings is seeking to raise US$100m on the Hong Kong stock exchange while Xiamen International Port aims to raise $150m through an IPO on the same exchange. They hope to attract investors following a 30% increase in box traffic at both ports during 2005.
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NewsCalcutta Port Trust
Chairman Sultan Ahmad Bin Sulayem said: "The only valid bid for P&O is from DP World.Calcutta Port Trust has appointed Delhi-based Consulting Engineering Services to undertake a feasibility study for new jetties on the banks of the Hooghly River at Diamond Bay. Each of these multi-purpose facilities will be capable ...
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Colombo's facelift
The government of Sri Lanka is to invest US$1bn in order to boost capacity at Colombo to 4m TEUs. This will involve the construction of the Colombo South Harbour project which will occupy a 600-hectare site. The facility, which will have 12 berths, is to be developed in two phases. ...
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KLANG OPTS FOR DIESEL-ELECTRIC STRADS
The local stevedores were originally encouraged when investing in their operating licences, to also make investments in cargo handing equipment and other assets.Klang Container Terminal has opted for the construction of the 11 new straddle carriers with diesel electric transmission which makes it the first port in Southeast Asia to ...
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NewsIndian infrastructure needs US$150bn
India''s Transport Minister, T R Baalu, recently announced that his country is seeking up to US$150bn to fund port, road and other transport infrastructure projects.
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CHENNAI
The local stevedores were originally encouraged when investing in their operating licences, to also make investments in cargo handing equipment and other assets.India's government has given permission for Hutchison Port Holdings to bid for the second container terminal at the port of Chennai. This follows an earlier decision to allow ...
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COCHIN
The local stevedores were originally encouraged when investing in their operating licences, to also make investments in cargo handing equipment and other assets.Cochin Port Trust is to undertake an inquiry following the collapse of Q-4 berth at Mattanchery Wharf which resulted in the loss of 3,500 tons of salt. The ...
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Bird flu protection stepped up
With reports of suspected bird flu occurring in the Philippines, ICTSI has increased safety measures to protect its Manila International Container Terminal.
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TUTICORIN
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.The Confederation of Indian Industry wants to see expansion of Tuticorin fast tracked with the aim of establishing it as a ...
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Massive investment for Kandla
Kandla has announced a US$1.11bn investment programme. Initially six new cargo berths are to be built of which two will enter service in November 2007. Four of these will involve a privatesector input, using the BOT formula and will cost an estimated US$95m.
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GWADAR
DP World has shown interest in the Gwadar Port Implementation Authority, set up to launch the Chinese-built Gwadar port in Pakistan. DP World hopes to secure a container terminal operating concession in Gwadar, which has long been designated to run as a freeport and will have the deepest navigation channel ...
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NewsIncreased hub role for Colombo
Sri Lanka''s Central Bank noted recently that there had been a 15% increase in the cargo handling, storage and warehousing sub-sector in the first quarter of 2005. During this period, 609,765 TEUs had been handled by the country''s ports. For the second quarter, transhipment went up by 17.4% and now ...
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NewsNew container terminal for Qingdao
A greenfield site in Qingdao is soon to see the development of a new container terminal for DP World. The port operator has signed an agreement with the Qingdao government to build a 1,320 metre quay with 2m TEU capacity. Work is due to begin immediately with a completion date ...
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NewsYangshan
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Hutchison Port Holdings and APM Terminals were the first two international operators to begin container handling at the world's largest new ...
