Asia

Containerships calling at the Port of Singapore will now be able to take advantage of the 20% reduction in port dues until 30 June 2012 following a decision to extend the concession…

The port of Colombo in Sri Lanka is to build three new terminals, spending $334m on redeveloping the port, with finance sourced from the Asian Development Bank and Sri Lanka Ports Authority.

Ningbo Port Company is to raise $1.9bn via an initial public offering on the Shanghai stock exchange. Analysts, however, believe that interest in transport stocks is on the decline, especially given uncertainty…

Tianjin Port Development claims it will make a profit this year, despite racking up a $6.1m net loss in 2009. This compares with a net profit of $16.8m the previous year.

Indonesian state port operator Pelindo II is to build a 10m teu capacity hub port at Karawang, West Java. The development will take place over the next five to ten years at…

The 10 member countries of the Association of the Southeast Asian Nations (Asean) have been taking rapid steps to build up trade between members and with other parts of Asia.

Conductix-Wampfler AG’s electrified ryber-tyred gantry cranes are to be used in the Express Yard in South Korea, the Nagoya United Container Terminal in Japan, and the New Century Container Terminal in China.…

The 10% concession for ocean-going vessels mooring at the Port of Singapore for not more than 10 days has been extended for a further six months to September 30, as has the…