Tag: port projects

Indonesia plans to become a transshipment hub, seeks investors

Java Integrated Industrial Ports Estate

Indonesia strives to challenge Singapore’s dominance in the region with a number of own port projects, aiming to become a new global transhipment hub on China’s maritime Silk Road, writes Nikkei Asian Review. After taking office in October 2014, Indonesian President Joko Widodo endorsed the five-year plan worth 700 trillion rupiah (USD 50.6 bln) to develop the maritime […]

Cambodia expands its deep sea port

Sihanoukville Autonomous Port

Sihanoukville, Cambodia’s only deep-sea port, is about to launch a new multipurpose terminal that will be able to accommodate larger vessels, informs The Phnom Penh Post. According to Lou Kim Chhun, Chairman and CEO of Sihanoukville Autonomous Port (PAS), the inauguration is scheduled for June 25 and will be presided over by Prime Minister Hun […]

Cargill launches a grain terminal in Ukraine

TIS-Grain

The global agricultural trader Cargill and the Ukrainian company M.V.Cargo launched Phase 1 of the new grain terminal at the port of Yuzhny in Odessa region on the Black Sea last Friday, informs Interfax-Ukraine. President of Ukraine Petro Poroshenko took part in the official opening. Speaking about the importance of this project, Petro Poroshenko said […]

Newcastle coal port expansion discarded

Newcastle coal port

Port Waratah Coal Services, a major coal exporter at the Port of Newcastle, Australia, does not intend to proceed with the Terminal 4 development. The company’s Chief Executive Officer Hennie du Plooy has notified the Port of Newcastle about it today, advising that the T4 Agreement for Lease will be allowed to lapse upon its expiration […]

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