Asia

The managing director of Maersk Malaysia, has warned that the ‘recuperation’ of the transport of containers in 2010, although clearly taking place, will not be easy.

New Mangalore Port Trust has shortlisted five bidders for the contract to build and operate a new container terminal costing $60m.

JP Morgan Chase & Company is predicting that iron ore volumes dispatched by sea will grow by 5.7%, while both coal and grain will go up by 3.8%.

Indias Private Public Partnership Advisory Committee has given the go-ahead for a new $776m container terminal to be built at Chennai.

The busy west bank of the Pearl River is to grow a few more facilities to keep pace with the effects of the Chinese governments stimulus package.

The city of Shanghai aims to build an international freeport by 2020. It will be centred on the Yangshan bonded port and form part of Chinas 12th five-year plan (2011-2016).

Construction has begun on a $3.6bn international container port in Vietnams central Khanh Hoa province. Completion is slated for 2020, when the facility will be able to handle up to 200m tonnes…