Asia

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Developer Lanco Kondapally Power Limited has withdrawn from the project to build the proposed Vizhinjam container terminal.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

The Chinese city of Wuhan is investing $3.4bn in building a major port complex. There are two main projects being developed across two phases. One of them will be a bulk terminal…

A single consortium, consisting of Aitken Spence and China Merchant Holdings, has bid for the contract to design and build the proposed new container terminal in the Sri Lankan port of Colombo.…

Recently published statistics suggest that traffic at Chinese ports is making a recovery.

According to official Chinese sources, construction began on 28 July of two new terminals in the port of Tianjin. These were the Nanjiang Special Ore Terminal and the Shenhua Coal Terminal. The…