Asia

With throughput in excess of 530m tonnes, Shanghai remains the worlds busiest port for the second consecutive year,with traffic growth of 19.8%. In terms  of box traffic, it handled more than 20m…

The Japanese government is to spend $9m on rehabilitating the Angolan ports of Namibe and Lobito.The former,which was built in 1961, has 680 metres of quay, but its existing container stacking yard…

To facilitate the entry of postpanamax ships, Karachi Port Trust is to rebuild berths 14-17 and widen the access channel at Junabunder.At present, the 12.2 metre draught restriction will remain, although dredging…

Competition from China and other Asian countries has prompted the port of Kaohsiung to announce a $1.5bn investment programme, which aims to increase traffic and upgrade infrastructure over the next eight years. …

Previous attempts to attract investors in this 2m teu capacity project resulted in just a single bidder, Yang Ming, which wanted to extend the period for building the terminal from seven to…

Asian ports experienced an average growth of 11% in container traffic in 2006, with the worlds six leading box handling facilities all located in that region.

PSA is to pull out of its concession at Muara Container Terminal in Brunei, which it has operated since 2000. The Singapore-based stevedore will be replaced by Brunei Ports Department personnel with…

Chinas port industry shows a promising future, a recent report from Research in China has found. The study estimates that Chinas port handling capacity will increase by 80% or more from 2006…

Port Klang and Incheon Port have signed a Memorandum of Understanding (MoU) to improve trade, traffic and services between the two ports. Last year, Port Klang handled 22,000 teu from Incheon Port,…

Two Chinese companies - China National Property Administration Council and Qili Holdings - are making substantial investments in the Indonesian province of Papua. Biak Port will benefit from the construction of a…

China Shipping Terminal Development, part of the China Shipping Group, is rumoured to be negotiating an equity stake at the Malaysian port of Tanjung Pelepas, although this has been officially denied.The company…

Shares in Shanghai International Port (Group) Company Ltd are now being traded on stock exchanges in both Shanghai and Shenzhen.Despite being valued at above the companys initial expectations, the shares rose by…

DP World is to sell a stake in two of its three Shenzhen terminals for $229m to China Merchants Holding, which has also agreed to the purchase of further equity currently held…

Tuticorin has been given permission to convert its number eight berth into a second container terminal on a build-operate-transfer basis. Five companies, including PSA-Sical and DP World, are in the running for…

Four new gantry cranes operated by Chittagong Container Terminals are being underutilised because of the non-corporation of stevedores and also because of the lack of coordinated back-up services.

Penang Port in Malaysia is to invest $277.78m over the next five years in infrastructure upgrades.

DP World has rather surprisingly withdrawn from the bidding process at Pakistans Gwadar port. Publicly, it claims this was done for commercial reasons, although there were serious concerns in India about the…

Busan has scrapped an unpopular container tax, six years after it originally expired. Busan Metropolitan City imposed the $21.56/teu container tax in 1992 in order to fund road construction at the port.

PSA Sical has been sent a letter of intent by Chennai Port Trust in respect of the concession to run a second container terminal.

The Indian state government of Kerala is planning construction of a new port at Beypore, near Kozhikode.This will be taken forward as a joint-venture between the private sector and both the state…