Latest News
Pelindo II to build $1.9bn Kalibaru Port
3/2/12: Indonesia's Pelindo II now looks set to take over construction of Kalibaru Port in North Jakarta at a revised cost of IDR 17tr ($1.9bn).
Krishnapatnam now India's deepest port
3/2/12: Krishnapatnam Port has become the deepest draft port in India, accepting vessels with a maximum permissible draft of 18 m.
Port Hedland gets initial funding worth $917m
2/2/12: BHP Billiton has announced approval of $917m in pre-commitment funding for the construction of the 100m tpa Port Hedland outer harbour facility associated with its Pilbara iron ore operations in Western Australia.
Samalaju Port progresses
2/2/12: Bintulu Port Holdings (BPH) says it is in "advanced discussions" with Malaysia's federal government, Sarawak's state government and other relevant authorities with regard to developing Samalaju Port on the island of Borneo.
NSW says no to $2.7bn Hunter Ports facility
31/1/12: Australia's New South Wales (NSW) government has turned down plans by Hunter Ports to build a A$2.5bn ($2.7bn) coal terminal within the Hunter Valley.
CCCC lowers its sights
31/1/12: China Communications Construction Company (CCCC) has reportedly slashed the size of it Shanghai IPO by 75%, from RMB 20bn ($3.2bn) to RMB 5bn.
KMP upgrades coal handling
29/1/12: Kinder Morgan Energy Partners (KMP) is to invest approximately $140m expanding its coal handling facilities along the US Gulf Coast.
Rubis completes Delta deal
29/1/12: Rubis reports that it has completed the acquisition of a 50% shareholding in Delta Petrol, "which owns and operates the largest independent oil terminal located in the Mediterranean" and which will be renamed Delta Rubis.
Essar scoops GMB contract
29/1/12: India's Gujarat Maritime Board (GMB) has awarded Essar Projects an EPC contract worth INR 2.3bn ($46.7m) to develop two ro-ro ferry terminals at Gogha and Dahej.
Forth Ports acquires TCS stakes
26/1/12: Forth Ports has acquired full ownership of UK-based Tilbury Container Services (TCS) from DP World and Associated British Ports (ABP) having been a one-third shareholder since 1998.
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