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 […]
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 […]
India has selected an Iranian company, Kaveh Port and Marine Services, to run the Chabahar port in Iran for 18 months until it selects a firm to manage and maintain the facility for a longer term, informs Hindustan Times. The Bandar Abbas-based company was chosen as an interim solution in order to comply with the […]
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 […]
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 […]
The European Investment Bank (EIB) announced yesterday its support of the port development projects of Marseille Fos by allocating EUR 50 mln (USD 57.6). The partnership agreement was signed by Christine Cabau Woehrel, CEO of Marseille Fos Port Authority, and Ambroise Fayolle, EIB Vice President, upon their visit to Darse 2, the junction of the […]
Japanese government plans to invest in port development in three Indian Ocean nations — Myanmar, Sri Lanka and Bangladesh — as part of Prime Minister Shinzo Abe’s “free and open Indo-Pacific strategy”, informs The Jakarta Post. The project aims at securing the sea lanes linking Asia and Africa via the Middle East. The three sites […]
Melford Atlantic Gateway, a greenfield deep-water container terminal being developed in Nova Scotia on the Canadian East Coast, has awarded contracts for detailed engineering design and for clearing the site for the proposed development, thus marking another step forward of the project, Cape Breton Post informs. Attending the annual Port Days conference in Sydney (Canada) […]
The Philippine Ports Authority (PPA) will be accelerating the implementation of port infrastructure projects nationwide, with the revenues showing a robust growth in the first quarter of 2018, the Philippine News Agency informs. The PPA revenues reached PHP 3.78 bln (USD 72 mln) in Q1 2018, which is 9% higher than the PHP 3.48 bln […]
The bidding process for the Phase 3 of the Laem Chabang port expansion will take place in October, informs Bangkok Post quoting Songtham Chantaprasit, acting director-general at the Port Authority of Thailand (PAT). The project’s terms of reference are still to be finalized within the next two months by PAT, but once bidding commences, winners […]
