Asia

Plans to construct a new port at Dugarajapatnam in the Indian state of Andhra Pradesh have been abandoned by the country’s government.

Suria Capital Holdings Berhad has scrapped plans to sell a stake in Sabah Ports Sdn. Bhd. (SPSB) to MMC Corp’s wholly-owned unit MMC Ports Holding.

Some - but not all - of the region’s potential will live up to its promise, writes Stevie Knight

Protecting Asia-Pacific ports against climate change could cost up to US$49 billion, according to new research commissioned by HSBC from sustainability analysts Asia Research and Engagement (ARE).

A modernisation project at Sasa Port could go ahead after being reinstated as a development opportunity under a public-private partnership (PPP) programme.

Any global shipping trends come home to roost in China, finds Stevie Knight.

Myanmar is moving ahead with plans for foreign investment in its port sector to upgrade jetties along the coast into international-standard ports.

Cargo processed at ports in South Korea was up 4.1% year-on-year in 2017, Yonhap News Agency said that data from the country’s Ministry of Oceans and Fisheries showed.

Shanghai will consider building a free trade port to facilitate trade and investment, Mayor Ying Yong has said.

A new multipurpose terminal in Sihanoukville Autonomous Port (PAS) will increase vessel capacity and reduce shipping costs.

DP World and India’s National Investment and Infrastructure Fund (NIIF) have created a new platform to invest in ports, terminals, transportation and logistics businesses in the country.

Sunseap Group will construct and install an eco-friendly solar photovoltaic system at PSA’s Singapore terminals to reduce its carbon footprint.

2017 saw PSA International handle 74.24m teu at its ports across the globe, with the group’s volumes increasing by 9.8% over 2016.

Chinas commerce minister Zhong Shan has shown his support for the construction of free-trade ports in the country.

PSA Corporation Limited is investing in a new laboratory to facilitate skills-based learning in the industry and foster new talent for its operations.

The Port of Ningbo-Zhoushan has retained its place as the world’s top port in terms of cargo throughput, registering 11.3% year-over-year growth.

Shanghai has come out top in a new Drewry index ranking the connectedness of the worlds container ports.

Myanmars government is looking into ways to restart the currently-suspended development of a Special Economic Zone (SEZ) which includes a deep-sea port in Myanmar.

An agreement which allows Indian goods to bypass Pakistan has been declared “strategically and commercially very important.”