Asia

Rotterdam Port Authority has signed a memorandum of understanding with Malaysias Palm Oil Industrial Cluster to develop the Port of Lahad Datu on the island of Borneo. The eventual port could cover…

The international investment group 3i is to buy a 24% equity stake in the Krishnapatnam Port Company for $200m. This company is to develop and operate a new port on Indias east…

Tuticorin Port Trust has shortlisted five companies for its second container terminal. These are: PSA-Sical (which operates the existing terminal), Oceanic Transport, Chettinad Logistics, Afcons Infrastructure and Larsen & Toubro. Investment of…

Yangkou Port has opened for business in China on a man-made Island in the Yellow Sea, which is linked to the mainland by a 30 kilometre causeway.

Work has begun on building two deep water ports in Vietnam costing a combined $695m.

Figures released for October showed that volumes handled by Chinese major ports were up 6% year on year, 2.1% lower than the rate in September. 

An agreement signed between Russia and North Korea will see the construction of a container terminal at the latters Port of Rajin. The project, which will cost $72m, will involve a rail…

Kandla Port Trust has invited bids for four multi-purpose berths at Tuna Tekra, which will be the location of a special economic zone.

New Mangalore Port Trust in India is to build four new berths in the Western Dock area. One is already under construction and will be used exclusively by the Udupi Power Corporation,…