Asia

Spains Grup Maritim TCB is to develop a container terminal in the south of Ho Chi Minh City in Hiep Phuoc port. The proposed container terminal will have 1,450 metres for berthing…

The possibility has been floated that Kochi Port Trust could assume managerial responsibility for the ports Rajiv Gandhi Container Terminal once DP World moves its operations to the new Vallarpadam operating area…

Shanghai International Port Group has entered into an agreement with the municipality of Yibin to build and manage a new container port. Yibin, which is located at the confluence of the Yangtze,…

Following a delay of four years, a tender encompassing construction of a second container terminal at the south Indian port of Tuticorin is finally to go ahead. The original tender resulted in…

The Japanese terminal group Nippon Yusen Kaisha (NYK) has cancelled plans to build a dedicated container terminal at the US port of Tacoma, which would have required investment of $300m.

China claims that the new Shanghai Yangshan port that entered operations this autumn is the worlds largest in terms of container handling. Construction began in 2002 and culminated in the building of…

The London-based private-equity investor, 3i Group Plc, which has amassed a $1.2bn infrastructure fund for India, has announced it is seeking a third investment opportunity in the country.

Bangladeshs Anti-Corruption Commission has appointed a three-person team to look into corruption allegations at the port of Chittagong. The decision was prompted by a request from the Shipping Ministry.

In July, the combined throughput of Chinas coastal ports reached 500m tonnes, a growth of 12.9% over the corresponding 2008 month.

Cosco Pacific reported a 6.7% loss in traffic during July to 3.78m teu.

Tianjin Port Development ended the first half of 2009 with a net loss of $2m. Container traffic handled by the company was down by 6.7% and bulk by 8.4%. Revenue reached $83m…

PSA International aims to raise $500m through a bond issue, being arranged by JP Morgan, Nomura International and DBS Bank.

Sri Lankas Colombo port is going for megahub status with $400m investment in breakwaters and infrastructure to form a deep water harbour as the existing facility is depth limited and becoming congested,…

Developer Lanco Kondapally Power Limited has withdrawn from the project to build the proposed Vizhinjam container terminal.

Philippines Port Authority (PPA) is to receive a loan of ¢ 170m ($239m) from the French government by the end of August. This will help fund six new port projects. Originally, finance…

A new port is to be developed on the Kola peninsular in the Murmansk region of Russia by 2010. This is needed because the existing Murmansk port is operating beyond its engineered…