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Tuesday, 24 February 2015 13:58

Integrax takeover bid hits opposition

The takeover bid for Malaysian port operator Integrax by the country’s largest power company Tenaga Nasional has hit opposition after Integrax shareholders rejected a $177 million offer.

Published in Finance Deals

India’s government is considering plans to attract further investment to its seaports by developing 12 ‘smart cities’ connected to key maritime hubs, at an estimated cost of $8 billion.

Published in Emerging Economies

Malaysian shipping firm Hubline Bhd has announced its intention to withdraw from the container shipping industry to focus more on breakbulk cargo.The company cited overcapacity in the market and difficult economic operating conditions as the main drivers behind the decision.

Published in Regulation and Policy

The Japanese Government is to provide a grant of $19 million to Pakistan to improve port security at the Port of Qasim and the Port of Karachi as well as installation of energy efficiency systems in Lahore.

Published in Security / Environment

The Port of Busan in South Korea has announced plans to grow transhipment cargo by strengthening ties with China and North East Asia.

Published in Features / Interviews
Friday, 13 February 2015 13:27

MES to deliver 29 cranes to Port Klang

Japanese firm Mitsui Engineering & Shipbuilding is to deliver 29 cranes to Malaysia's Port Klang, as part of wide ranging expansion at the port.

Thursday, 12 February 2015 16:58

ICTSI buys Anglo Ports’ stake in VICT

Filipino port operator International Container Terminal Services Inc. (ICTSI) has acquired its partner Anglo Ports’ stake in Victoria International Container Terminal (VICT) in Australia.

Published in Finance Deals
Wednesday, 11 February 2015 16:54

Queensland Bauxite signs HOA with FNQPC

Mining firm Queensland Bauxite has signed an agreement with the Far North Queensland Ports Corporation (FNQPC) to secure capacity at the Port of Mourilyan for output from its planned South Johnstone mine.

Published in Energy Ports

The Indian government is reportedly seeking to raise $2 billion to fund major port expansion in the country.

Published in Emerging Economies
Wednesday, 24 December 2014 12:11

India announces $1.9bn Sagar port investment

India’s Transport Minister, Nitin Gadkari, has announced investment of $1.9 billion to build a new port in the Sagar Islands in West Bengal.

Published in Finance Deals

ABOUT US

Port Finance International provides online news and conferences worldwide. It is a platform and a community for senior industry experts and players to review and discuss the market. Our online news team provides daily coverage of international port finance, investment and operations news. A weekly e-newsletter- sent to readers free of charge - covers the key news and views of the week.

Port Finance International's conferences and training programmes are held across the globe. These events feature key industry figures and they address market challenges and trends as well as providing industry players with essential networking opportunities.

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