News from March 2009 - Page 3 of 4
Yingkou Port plans $440m investment for 2009
12th of March, 2009
Yingkou Port Group is to invest up to RMB 3 billion (approximately US$440 million) in expansion projects in 2009, according to reports in China.
Thessaloniki tender not to be reopened
10th of March, 2009
Greece is reportedly ready to abandon plans for the privatisation of the Port of Thessaloniki following the withdrawal of the highest bidder from the tender process at the end of 2008.
9 RFQs submitted for Chennai mega port
10th of March, 2009
The Chennai Port Trust has received submissions from nine companies in response to its Request for Qualification (RFQ) for the development of a more than US$725 million mega container terminal at the port, according to reports.
Terminal agreement reached for Port of Salalah
9th of March, 2009
The Port of Salalah has signed an agreement with Oman-based OCTAL regarding the provision of land for the construction of the port's first liquid chemicals terminal.
Petronet LNG to explore domestic and foreign funding sources
5th of March, 2009
Petronet LNG Ltd is looking to the financial markets to raise approximately US$425 million to help fund the construction of an LNG terminal at the Port of Kochi, according to local reports in India.
Dalian in talks to buy Port of Jinzhou
5th of March, 2009
The mayor of Dalian has announced that Dalian Port Company is intending to buy the Port of Jinzhou, with a deal likely to go ahead sometime in 2009.
East Timor hopeful $10bn LNG terminal could go ahead
5th of March, 2009
East Timor energy minister Alfredo Pires has said that he is optimistic that the results of a new gas pipeline study performed in conjunction with Petronas could pave the way for the construction of a US$10 billion LNG facility in the Asian nation.
Kenya SEZ to host port in Mombasa
5th of March, 2009
The Kenyan government has approved a plan to transform Kenya's Export Processing Zones into all inclusive Special Economic Zones (SEZ), with the SEZ to host a new free port in Mombasa.
Tianjin to invest 12.8bn yuan in 2009
4th of March, 2009
A multi-billion dollar port upgrade project is being planned for the Port of Tianjin, according to reports in China, following the drop in import and export activity in the region on the back of global economic worries.
$400m to be invested in Qingdao
3rd of March, 2009
Qingdao Port Group Co is reported to be planning over US$400 million in investment over the course of 2009 in an attempt to offset the slowdown on export activity caused by the global economic downturn.
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