Asia

Gap Sook Lee, president of Busan Port Authority (BPA), has resigned fromhis position. Mr Lee conveyed his appreciation to theemployees of BPA for their work toward the development of Busan Portand asked…

APM Terminals and Vinashins Pharung Shipyard Company have entered into a joint venture to develop a new container terminal in Vietnams Dinh Vu industrial zone.

Chennai Port Trust will invest € 267m ($361.2m) over the next two to three years as throughput in the last financial year rose 13%. Half of this investment will be spent on…

Pacific International Line in collaboration with Container Terminal Services are favourites to be awarded the concession to operate Chittagong Container Terminal. Other bidders are Everest Enterprise Ltd and incumbent terminal operator SAIF…

The deputy Vietnamese prime minister has ordered the Ministry of Transport to expedite the clearance of imports and exports that are building up at ports serving Ho Chi Minh City.

Chennai container terminal operator DP World has agreed to pay $22m in compensation for not having covered minimum container throughput figures for non-transhipment traffic between December 2006 and November 2007.

China Merchants Holdings predicts that Shanghai International Port will handle 30m teu this year, despite the slight downturn in the global economy. However, in the four months to the end of April,…