Asia – Page 84
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NewsAnd elsewhere on the Subcontinent . . .
Perhaps in response to the possibility of Sethu becoming reality, by which Indian ports will attempt to lure significant amounts of cargo away from Colombo, the Sri Lanka Ports Authority has revealed that it is planning construction of four new container terminals at Colombo. The first phase of construction will ...
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NewsDemocracy in Action
Gavin van Marle spent several months roaming India recently. His report reveals how a stifling bureaucracy and genuine democracy form a two-edged sword in a country whose port sector is intent on progress.
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Chinese Bottlenecks persist
Impediments to the cargo pipeline performing well, from iron ore producer to steel manufacturer, are not all, about what is happening at the exporter end in Australia.
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NewsPort Klang to create super terminal?
Two of the largest container terminal operators at Malaysia''s Port Klang, Northport and Westport, are planning to merge to create a regional super-hub capable of handling 5mTEUs a year. Of the two, Northport is the larger with an annual capacity of 4mTEUs. However, before changes can be made, they will ...
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TUTICORIN TO UPGRADE INFRASTRUCTURE
Tuticorin Port Trust has allocated US$22m towards improving infrastructure facilities at the port in 2005-06. This will fund construction of a new berth with alongside draught of 10.7 metres, and also road works costing US$3.8 9m.
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Jurong oil terminal contracts awarded
Dubai-headquartered Horizon Terminals Limited (HTL), established by Emirates National Oil Company (ENOC), has awarded construction contracts for a US$200 million bulk liquids terminal to be built on 39ha of land at Banyan, Jurong Island in Singapore.
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SIP PLANS HONG KONG FLOAT
Shanghai International Port (SIP), now the world''s third busiest, is planning to raise US$800m on the Hong Kong stock exchange as a means of funding its expansion programme.
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INDIAN GOVERNMENT INTRODUCES CONCESSION RESTRICTIONS
The contract for consultancy was awarded to Singapore's Jurong Consultants and made on behalf of Horizon Singapore Terminals Pte Limited (HSTL).India's Shipping Ministry has made changes to its policy regarding private ownership of the country's container terminals. Whereas previously it had stated that one operator would be restricted to two ...
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China increases container league table domination
With Hong Kong sitting atop the 2004 league table and neighbouring Shenzhen, comprising the three terminal complexes of Chiwan, Shekou and Yiantian, now ranking fourth, the massive factory outlet that is southern China accounts for a cool 35.5mTEUs annually according to the latest figures from Containerisation International.
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MONGLA THREATENED BY MAFIAS
The contract for consultancy was awarded to Singapore's Jurong Consultants and made on behalf of Horizon Singapore Terminals Pte Limited (HSTL).Exporters using the Bangladeshi port of Mongla have asked the government to take immediate action against the 11 Mafia groups which it claims are preventing smooth operation of the port, ...
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Chittagong opens one-stop shop
The contract for consultancy was awarded to Singapore's Jurong Consultants and made on behalf of Horizon Singapore Terminals Pte Limited (HSTL).A one-stop shop service centre has been opened at Chittagong to improve the delivery of imported consignments. This, it is claimed, will allow importers to clear consignments within 1.5 hours ...
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UP THE YANGTSE
Port and infrastructure development is hotting up along China''s Yangtse River as James Macpherson reports.
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PSA completes purchase of Hong Kong assets
PSA International has completed the purchase of NWS Holdings Limited''s Hong Kong port assets. The deal represents PSA''s first investment in the world''s largest container port and involves the transfer of NWS Holdings'' equity stakes in Hong Kong''s Container Terminal No. 3 (CT3) and Container Terminal No. 8 (CT8) West ...
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MONGLA RULED BY "MAFIA"
Bangladesh''s parliamentary standing committee overseeing activities at the Shipping Ministry noted in a recent report that the port of Mongla is effectively Mafia controlled. The Shipping Ministry is therefore unable to introduce measures to improve port operations.
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JAPANESE TO CUT PORT FEES
First phase investment will require US$100m to develop roads, a 600 metre long quay, a reservoir, a bonded warehouse and upgraded power supply, allowing the facility to open by 2007.The Japanese government has finally relented and announced plans to cut fees at domestic container ports by up to 40%. The ...
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ALL CLEAR FOR DPI AT KOCHI
The Cabinet Committee on Economic Affairs has approved a revised proposal for the establishment of an international container transhipment terminal at the Indian port of Kochi.
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ADB BANKROLLS CHITTAGONG
The Asian Development Bank has approved a US$30.6m loan, which will be used to improve efficiency at the port of Chittagong and also enhance port security and environmental measures to meet international standards. Part of the money will be spent on introducing a new IT system which will help lower ...
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CHITTAGONG NEEDS PRIVATE MANAGEMENT
First phase investment will require US$100m to develop roads, a 600 metre long quay, a reservoir, a bonded warehouse and upgraded power supply, allowing the facility to open by 2007.Chittagong's Chamber of Commerce and Industry has recommended that management of Chittagong port should pass to the private sector as a ...
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FIVE BID FOR JNPT STUDY
First phase investment will require US$100m to develop roads, a 600 metre long quay, a reservoir, a bonded warehouse and upgraded power supply, allowing the facility to open by 2007.Five companies have bid to undertake a technoeconomic feasibility study for the proposed US$687,600 expansion of JNPT. Expansion plans encompass a ...
