Vietnam to Seek More Private Investment to Construct New Seaports

Vietnam to Seek More Private Investment to Construct New Seaports

May 21, 2023

In April 2023, a 24,000-TEU cargo ship M/V OOCL from Spain, on its first voyage connecting Asia and Europe, arrived at Gemalink Deepwater Seaport in the southern province of Ba Ria Vung Tau. This is also the first time Vietnam has been able to receive the...
Thailand to Build Cruise Terminal to Meet Increase in Marine Tourism

Thailand to Build Cruise Terminal to Meet Increase in Marine Tourism

May 20, 2023

Thailand’s Marine Department has announced plans to revive the Cruise Terminal Development Project to meet the increase in marine tourism. The department has agreed to develop Bali Hai Pier in Chon Buri into a hybrid pier. The port will be constructed to function both...
The Philippines Approves Two New Ecozones In Batangas and Bacolod

The Philippines Approves Two New Ecozones In Batangas and Bacolod

May 20, 2023

The Philippine Economic Zone Authority (PEZA) announced that President Ferdinand R. Marcos Jr. has declared two new economic zones located in Batangas province and Bacolod City, which are expected to bring in a total of PHP 1.64 billion (USD 29.3 million) worth of...
Malaysia to Build Mega Port on Carey Island

Malaysia to Build Mega Port on Carey Island

May 18, 2023

Malaysia has confirmed plans to build a USD 8.5 billion mega port aimed at increasing handling capacity for both container and conventional cargo at the main shipping hub of Port Klang. The new port will be located on Carey Island, and is intended to capture future...