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What's happening in Intra Asia
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No luck for PSA in Indian Subcontinent as terminal operator looks to
homeward expansion |
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SINGAPORE'S PSA International, one of the leading global terminal operators, is finding it tough-going in the Indian Subcontinent it would seem.
First there
was the unexpected exit from Pakistan's
Gwadar Port project and more recently in
India the Jawaharlal Nehru Port Trust (JNPT)
cancelled a contract with PSA to develop
a container terminalˇXthe value of which
was estimated to have been worth US$1.5
billion. >More |
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How much has changed in the liner landscape in 2012? |
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SENIOR shipping executives last year predicted that the container shipping industry would see a rise in consolidation in the years to come, and that the pool of competition in the market would become less crowded.
Now almost one year on from when we first
heard many of those projections, do we see
any signs that such an occurrence is happening,
or will happen in the not too distant future?
>More |
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Trade profile: Southeast Asia (Overview)
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OF all the trades in the world today, the largest by far is the Intra-Asia trade, which accounted for 21 per cent of all containerised shipments last year, compared with just 15 per cent and 14 per cent for the high-profile transpacific and Asia-Europe trades.
A major market within the broader Intra-Asia
trade is Southeast Asia. It is this region
of the world that we will turn our focus
to in The Container Shipping Manager todayˇK
>More |
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Myanmar calling: shipping lines set sights on new opportunity
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ONCE a nation clouded in obscurity Myanmar is today attracting more and more attention, particularly in the shipping industry as shipping lines around the world are now making a beeline for its shores.
Since the release of its most celebrated
political prisoner, Aung San Suu Kyi, and
the heralding of economic and political
reforms; the country has been like an unstoppable
freight train - on track to unleash economic
growth and prosperity that has never been
seen in its troubled history. >More |
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What will be the fate of Malaysia's Penang Port? |
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THE fate of Malaysia's Penang Port has been the topic of some intense speculation of late. For some, privatising the port is the only way out of the current financial doldrums.
But for the port's chief operating officer,
Obaid Mansur, he refuses to concede defeat,
telling the country's Business Times in
a recent article: "We are not a sinking
ship. In fact, we are poised to grow if
we continue with the five-year growth plan".
>More |
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