Sea Ports

Dawei, Burma, Deep Sea Port Offers Investment Opportunities

Thailand's Board of Investment (BOI) says the joint deep sea port will also surge new business & foreign investment into Thailand. BOI believe that the Dawei Deep Sea Port and Industrial Estate in Myanmar (Burma) will become an important drive for economic growth in this region, offering a shortcut for logistics and bringing new business opportunities and foreign investment to Thailand. After conclusion on signing of Memorandum of Understand between Thailand and Myanmar to construct Dawei Deep Sea Port, Chanvit Ammatamatuchat, Deputy Secretary of General Office of the National Economic and Social Development Board (NESDB) said the project will serve as economic land bridge connecting Andaman Sea on the Myanmar side through Thailand and out to South China Sea creating great opportunities for expanding up-stream industries and linking supply chain in Thailand and in the region. BOI is offering assistance in terms of consultation on the investment and upstart of the business related to this new mega project for both local and international investors. Dawei Deep Sea Port and Industrial Estate project will generate major investment and help drive the growth of the economy in Southeast Asia and the surrounding regions. Investors who are interested in investing in Thailand to take advantage of this development can consult and ask for assistance and tax privileges from the BOI.  

Thailand, Burma, Sign Dawei Port Development Agreement

Presidents of Thailand & Mynamar (Burma) agree on port development for deep-sea port to enable Malacca Strait bypass route. Thailand and Myanmar agree to set up a joint committee to follow up on economic cooperation that includes linking Myanmar's future Dawei deep-sea port with the Thai Eastern Seaboard. The deal came at the end of talks between Myanmar President Thein Sein and Thai Prime Minister Yingluck Shinawatra at Government House in Bangkok.

Bulgaria Tries Again To Sell Shipyard

Bulgaria opened a new tender for an 80 percent stake in the state-owned shipyard in the second biggest Black Sea port of Bourgas and set a March 15 deadline for bids. An agency spokesperson said the agency would not set a minimum price in negotiations with potential investors, but would require a deposit of $400,000. The buyer would also be required to keep the shipyard's core business running for minimum three years

Mexico Plans Huge Air, Rail And Sea Terminal

The Mexican state of Veracruz on the Gulf of Mexico is planning to build a massive air, rail and sea cargo terminal for international trade, according to state officials. Veracruz officials are in talks with U.S. asset manager Alliance Capital and an international consortium that includes Mexican construction company Grupo Tribasa for the project, the first phase of which would cost $500 million. Working in conjunction with local authorities

ICS Pushes CO2 Compensation Fund

ICS Says CO2 Compensation Fund Could Help Sea Ports Adapt To Climate Change.   The International Chamber of Shipping (ICS), whose member national shipowners' associations represent more than 80% of the world merchant fleet, has participated at a special UNCTAD (United Nations Committee on Trade and Development) meeting in Geneva (29/30 September) to explore how the world's sea ports should prepare for adaptation to the threat of dangerous climate change.  

Kanoo to Reveal Latest Developments at Services Show

Kanoo Shipping – an offshore and marine services provider in the Middle East, operating throughout Saudi Arabia, Bahrain, UAE, Oman, Qatar, Yemen, Iraq and Sudan – will be present at the Saudi International Marine Services Show -2013 to demonstrate various services provided by the company including marine operations, shipbuilding, ship and rig repair division, engineering and construction services and sea ports operations.

Frist Calls for Hold on Sea Port Deal

U.S. Senate Majority Leader Bill Frist, M.D. (R-TN) made the following statement on the deal proposed by Dubai Ports World of the United Arab Emirates that would give the company day-to-day management of six major U.S. sea ports: “Recent reports that a company based in the Middle East is seeking to purchase the operating rights to several U.S. ports raise serious questions regarding the safety and security of our homeland

Cosco Guangzhou Docks in Port of Hamburg

Cosco Guangzhou The container ship new building Cosco Guangzhou chartered by the Chinese shipping company Cosco Container Lines Ltd. docked in the Port of Hamburg on March 27 for the first time. Loaded with export goods for Northern-Europe, the container vessel started its maiden voyage on February 25 in Shanghai. Cosco is using the ship on its liner route AE 1 between the Far East and Europe via Dalian, Qingdao, Singapore, Rotterdam und Felixstowe to the Port of Hamburg

New Odessa Office for Wilhelmsen Ships Service

Wilhelmsen Ships Service has relocated its Odessa office to upgraded premises. The new offices, situated in the busy Ukrainian Black Sea port, offer a modern, safe and accessible environment for staff and customers. “Our new and modern offices are located in the heart of Odessa and are close to the harbour” said Vsevolod (Seva) Ivanov, General Manager for Wilhelmsen Ships Service in Ukraine. “This offers easy access for our staff and customers.”

Sohar Port Receives 1,000th Vessel

As Oman celebrated its 42nd Renaissance anniversary, Port of Sohar welcomed its 1,000th vessel of the year The 9,000 metric tonne MV Maria, owned and operated by SAL Heavy Lift GmbH, berthed at the container terminal C Steinweg Oman (CSO). On board was a 300-tonne gas turbine due for installation at a new power plant under construction in the Batinah area.
 The arrival of the 1,000th vessel this early augurs well for a significant increase in ship calls during 2012