Kalibaru to receive $330.5m
13/1/12: Indonesia’s Transport Ministry will reportedly contribute IDR 3tr ($330.5m) towards the construction of Kalibaru Port in North Jakarta.
ICTSI commits to MICT
10/1/12: Philippines-headquartered International Container Terminal Services Inc (ICTSI) has confirmed reports that it is to spend $125m improving the infrastructure and cargo handling capabilities of the Manila International Container Terminal (MICT).
JNPT gets ready to dredge
9/1/12: Jawaharlal Nehru Port Trust (JNPT), India’s largest container port, expects to begin work on a $299.2m capital dredging project this month.
Pertamina to build Sambu terminal
9/1/12: Indonesia’s state-owned oil and gas firm PT Pertamina intends to develop a 300,000 m3 fuel terminal on the island of Sambu in the Riau Islands.
CCCC signs $3.2bn cooperation deal
China Communications Construction Company (CCCC) reports that it has signed a memorandum of strategic cooperation with the State-owned Assets Supervision and Administration Commission of the State Council and the Zhejiang Provincial People’s Government worth more than RMB 20bn ($3.2bn).
Limak acquires Iskenderun rights
The Turkish government has now sold the operating rights for the Port of Iskenderun to Ankara-headquartered Limak Holding for $372m following approval from the country's antitrust authorities.
