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.
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 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
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 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 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.
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 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
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.”
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
Two years after its official launch, the European Port Community Systems Association (ECPSA) will host a conference focusing on the simplification of port processes and trade facilitation. What are the key strands of European Union policy relating to port processes? How are they viewed from the
GAC Turkmenistan has opened its new Offshore Supply Base & Logistics Support Centre in the Port of Turkmenbashi. The new 11,000 square metre base is designed to further enhance the speed and safety of GAC's marine and logistics services for the offshore sector operating in the Caspian Sea
NUTEP, a container terminal operator in the Black Sea port of Novorossiysk, completed the latest phase of its ambitious port development program with the upgrade of its railway facilities there. The company has removed the original rail lines
Austal announce new strategic partnerships in the Asia-Pacific region to enhance its support to the US Navy & others in the region. Following on from the strategic partnership with Singapore’s Sembawang Shipyard Pte Ltd announced in January 2013
The Global Container Service Group (GCS) has added new feeder and short-sea links to the list of services calling at the NUTEP terminal in Novorossiysk. Both GCS and NUTEP are members of the Delo Group. X-Press Feeders X-Press Feeders has launched the BSX service to Novorossiysk
Thailand & Burma establish joint committee to facilitate construction of the border Dawei deep-seas port. Thai Prime Minister Yingluck Shinawatra met with Myanmar Vice President Nyan Tun at Government House in Bangkok to discuss the Dawei projects
Kotug International will shortly be putting two new Damen Azimuth Tractor Drive Tugs 2412 into operation into the German Port of Hamburg. These tugs were ordered by Elisabeth Ltd in Malta and are being chartered by the Kotug Group.
On November 16 KOTUG´s new build RotorTug RT Ambition arrived in Bremerhaven. The tug left ASL Singapore Shipyard on September 22, 2012 and sailed under own power. RT Ambition measures 32 x 12 m, with a installed power totaling 6,456 BHP and a bollard pull of 84 tons.
Kuwait invests $1.2 billion in bid for Northern Gulf gateway for new port facilities as regional market competition intensifies. A recent World Bank report ranked Kuwait in 36th place out of 155 countries in terms of the movement of goods and services through its ports
European Sea Ports Organisation (ESPO) chairman leaves to join the European Community Shipowners’ Associations (ECSA). Mr Verhoeven has been recruited by the European Community Shipowners’ Associations (ECSA) to succeed Alfons Guinier who will be retiring as Secretary General next
InterManager, the international trade association for the ship and crew management sector, has started the year by welcoming a new member. Ukrainian crew manager Alpha Navigation has been approved for Full Membership in what InterManager Secretary General Kuba Szymanski says is a significant
Construction of the new 70-hectare container terminal at Port of Sohar begins shortly, operational in 2014. As part of the expansion deal, container-terminal operator Hutchison Whampoa has signed an agreement for developing the 70-hectare container terminal for Oman International Container
Russia is the second-most important trading partner for the Port of Hamburg in terms of seaborne container handling. With a total volume of approx. 675,000 standard containers (TEU) handled between Hamburg and the Russian ports, the volume of container traffic was up by a further 13
TerraMar Networks Limited has entered into an agreement with Orbcomm Inc. (Nasdaq: ORBC), a global satellite data communications company, to create one of the broadest and most complete maritime asset tracking offerings on the market.
Over the past 25 years KOTUG has been transformed from a European to a global player in the maritime industry. As a fast growing towage company KOTUG is expanding its innovative services to ports and terminals in Europe, West-Africa and Australia