Asia

With a development bill of S$20m (US$15.1m) for the first phase, PSA International has confirmed that its new global trade and supply chain platform CALISTA is undergoing trials with “selected users”.

PSA International has revealed more details of its groundbreaking open platform under development with Crimson Logic, which it believes will address logistics on a three-dimensional level.

Following a decade of moderate adjustment, the world’s economy has entered a transition stage from recovery to prosperity, according to Shanghai International Shipping Institute’s (SISI) Global Port Development Report (2017).

A US think tank has warned that Chinese investment in ports is being used to generate political influence, expand the military and create strategic advantages.

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.