Asia

State Development and Investment Corporation subsidiary SDIC Communications plans to sell the 12.32% stake it holds in Nantong Port Group Company. The other two shareholders in the company have first refusal in…

The 3i Group is apparently considering investing up to $219m for a 26% stake in a southern Indian port operator, believed to be Krishnapatnam Port Company, which is developing a deepwater port…

Belgium-based Vigan Engineering is to be the major supplier for the new Fauji Abkar Portia Marine Terminals project, a joint programme between the Fauji Foundation and the Akbar Group.

The Chinese city of Shenzhen has received backing from the National Development and Reform Commission to build six new ports. These will include facilities at Liantang, Longhua and Dachan Gulf Harbour, and…

A 30-year concession to operate the recently built New Mooring Container Terminal at Chittagong Port is to be offered to the private sector.

The Cai Mep container terminal and the Thi Vai general cargo terminal at the Vietnamese port of Cai Mep-Thi Vai are to be built by two Japanese joint ventures. Of the total…

CMA CGM subsidiary Terminal Link is to undertake a 50-year joint venture with Tianjin Port Development Holdings (TPDH) and Grand Asia International Shipping to manage a new container terminal at the port…

Phividec Industrial Authority (PIA) has formally handed over Mindanao Container Terminal (MCT) to Mindanao International Container Terminal Services Inc (MICTSI) at a ceremony held at the MCT berthside attended by Phividec officers,…

Arshiya International has ordered seven E-One+ rubber-tyred gantry (RTG) cranes and 10 DRF450 reachstackers, complete with maintenance agreements, from Kalmar. The new green units will initially be deployed at Arshiyas FreeTrade Warehousing…

Following a successful pilot programme at the Pakistani port of Qasim, US officials are now extending measures to scan all US-bound containers at the port of Karachi.

If a container is left in the stacking yard at the port of Kochi for more than 15 days, it will now automatically be moved to a private container freight station as…

The current weakness of global markets means that China Ningbo Port Group will not undertake an initial public offering this year, according to China Merchants Holdings, which holds a 5.4% stake in…

State-owned Russian Railways has set up a joint venture with the North Korean government to build a container terminal at the port of Rajin, as well as modernising the ports rail link.…

The Shanghai International Port Group has been linked to a container terminal development project in the port of Taichang, which reported throughput last year of 1m teu. Growth of 60% has been…

Indias Karnataka state government has announced a policy of developing minor ports by using private sector participation. Build-operate-transfer contracts are to be made available to interested developers.

The cost of building a 1.6m teu capacity container terminal at Diamond Harbour, 40 kilometres downstream from Calcutta, has doubled to $292m.

Chinese port operator Chongqing Gangjiu is to acquire the port assets of its parent company for $218m. The move is aimed at strengthening its finances and improving its profitability.

The foreign minister of Burmas visit to New Delhi in January this year paved the way for the long awaited signing of a $100m project on the river Kaladan that will provide…