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Topic - Asia
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Mar 08, 2016
Throughput grew 5% to 7.8 million TEUs Revenues down 1% to US$1.051 billion EBITDA improved 2% to US$450.0 million International Container Terminal Services, Inc. reported audited consolidated financial results for the year ended December 31, 2015 posting revenue...
Mar 07, 2016
The rally in iron-ore prices will not last in the absence of a significant improvement in steel demand from top consumer China, Goldman Sachs said, as the investment bank stuck to its bearish take on one of this year's biggest commodity comebacks. Iron-ore has risen...
Mar 04, 2016
TSX-V- and Aim-listed project developer Bacanora Minerals has this week reported positive results of a prefeasibility study (PFS) completed on its flagship Sonora lithium project, in Mexico. Baconora in August last year became the first company to sign a conditional...
Mar 04, 2016
Coal miner Stanmore Coal has signed a foundation coking coal contract with an East Asian steel producer representing a "material portion" of the semi-soft coking coal to be produced from the Isaac Plains mine, in Queensland. Isaac Plains, which was set to produce...
Mar 04, 2016
EXPANDING AGROCHEMICALS PORTFOLIO AECI recently acquired 100% of Malawi-based agricultural company Farmer Organisation Limited from Rendale Holdings
Ahead of 2016 local chemicals industry body the Chemical and Allied Industries' Association (CAIA) projected a continued slump global chemical production growth rates ahead of 2016.  Among the factors global trends that will affect the chemicals industry worldwide...
Mar 04, 2016
DOUBLING UP Specifications indicate the fitting of double mechanical seals to pumps transferring hazardous fluids
Mechanical and industrial seal supplier AESSEAL’s sales at its Secunda branch have doubled year-on-year owing to petrochemical refineries replacing their single mechanical seals with a double mechanical design in order to comply with stringent safety legislation. The...
Mar 04, 2016
The Asia Vision liquefied natural gas (LNG) carrier docked at the Sabine Pass terminal in US State of Louisiana late last month. The arrival signals the imminent start of LNG exports as a result of the US shale boom. Once operational, Sabine Pass will be the first...
Mar 04, 2016
BULK STORAGE Bulk energy storage will be advantageous for African power and electricity providers, as increased wind and solar energy is being absorbed by national grids 
Rapid growth in yearly power demand and the high cost involved in expanding national power grids in rural areas are some of the biggest challenges regarding power and electricity supply in African countries, says University of the Western Cape associate professor...
Mar 02, 2016
Mar 01, 2016
Feb 29, 2016
Feb 29, 2016
 
 
 
Feb 26, 2016
Agricultural products producer Agrium Inc this week expanded its board to 12 members after it appointed three new directors, 11 of which are independent. Calgary, Alberta-based Agrium appointed Maura Clark, Miranda Hubbs, and William (Bill) Simon to its board,...
Feb 25, 2016
Sub-Saharan Africa’s economic growth brings opportunities for the corporate and industrial insurance market. Future economic development needs modern risk management and risk transfer solutions to sustain long-term growth. Insurers and brokers need to work with all...
Feb 23, 2016
Kobus Verster
Despite a tight budget perhaps inhibiting infrastructure spend, there remained numerous avenues for government to assist the South African construction industry, said Aveng CEO Kobus Verster on Tuesday. For example, there was no need to delay the next round of...
Feb 19, 2016
South African defence equipment and logistics company Twiga Services is building Mamba-class armoured personnel carrier vehicles for a client in East Africa. Twiga CEO Damien de Lange says the vehicles are due for completion by the end of the year.
Feb 17, 2016
The Resource Efficiency and Clean-up Production Network Portal (RECPNP) developed by industrial sustainability programme the National Cleaner Production Centre of South Africa (NCPC-SA) is expected to be live by June, reveals NCPC-SA director Ndivhuho Raphulu....
Feb 17, 2016
While the deal pipeline has slowed in the past year, business law firm Cliffe Dekker Hofmeyr says that, notwithstanding the current volatility, there are opportunities for investors who take a longer-term view. “The weakness in the currency is not all negative as it...
Feb 15, 2016
With unconventional gas causing a “shift in the dynamics” of the natural gas market worldwide, South Africa can exploit its potential to become a major producer if it invests in its infrastructure, develops local expertise and creates an enabling framework to...
Feb 12, 2016
Despite the falling commodity prices, Queensland coal exports during the month of January reached just over 19-million tonnes, which was a record for the month of January and an 8% improvement on the same period last year. Queensland Resources Council (QRC) CEO...
Feb 12, 2016
First blasting has occurred at the Isaac Plains coal mine, in Queensland, with the project on track to produce its first coal in April. Project owner Stanmore Coal said on Friday that following the Department of Environment and Heritage Protection’s acceptance of...
Feb 10, 2016
Trade union Solidarity on Wednesday called on Public Protector Thuli Madonsela to investigate South Africa’s State-owned defence industrial group Denel’s new joint venture (JV) Denel Asia’s link to the Gupta family. The JV, established in Hong Kong in partnership...
 
 
 
 
Feb 10, 2016
South Africa increased its installed wind-energy capacity to above 1 GW last year, new Global Wind Energy Council (GWEC) figures show, making it the largest wind-energy producer in Africa, followed by Morocco, whose installed capacity stood at 787 MW in 2015. South...
Feb 09, 2016
Agricultural products producer Agrium Inc has reported positive headline earnings for the three months ended December 31, beating market expectations convincingly. However, its earnings forecast for the full-year 2016 came in below expectations and weighed on its...
Feb 08, 2016
IFAT Africa in future with expanded portfolio Conference program remains core component  In September 2015 IFAT Environmental Technology Forum Africa, which took place in Johannesburg, celebrated an extremely successful premiere. The event’s portfolio is now being...
Feb 08, 2016
In 2016, the role of natural gas in the global energy mix appears uncertain. The so called "Golden Age of Gas" is no longer in sight. Economic, geopolitical, and policy constraints have slowed demand growth in Asia and led to a decline in demand in Europe. On the...
Feb 05, 2016
Hanjin Shipping India Pvt Ltd, the South Korean shipping conglomerate, made its maiden call at KPCT on 1st February, 2016. Vessel MV Hanjin Florida had exchanged 553 TEU out of which 109 TEU are imports and 444 TEU are exports. Krishnapatnam Port Container Terminal,...
Feb 05, 2016
DE AAR SOLAR FARM Bidvest Panalpina Logistics was instrumental in the Northern Cape solar power project
The continuous progression of South Africa’s industrial development zones (IDZs) and special economic zones (SEZs) as well as the implementation of associated legislation are crucial for the sustainable growth of the energy sector, says supply-chain specialist...
Feb 03, 2016
A partial recovery in the prices of gold, platinum, palladium and silver is expected this year, a new survey by the London Bullion Market Association has found. The 2016 Forecast Survey, in which 36 analysts participated, showed bullish prospects, with increases of...
Feb 01, 2016
The ExecuJet Aviation Group is expanding the company’s African managed and charter fleets with the addition of its first Bombardier Challenger 850 aircraft, which will be based in Johannesburg. Chay White, Sales Manager, Aircraft Management, ExecuJet Africa, says:...
Feb 01, 2016
The National Treasury has announced that State-owned flag carrier South African Airways (SAA) had been given permission by the Minister of Finance to end operations on the Johannesburg-Abu Dhabi route. The airline started flying this route in March last year, in a...
Jan 29, 2016
The Australian government was hoping that renewed focus on the country’s northern region would unlock significant resource and energy potential. Resources, Energy and Northern Australian Minister Josh Frydenberg said on Friday that Northern Australia represented 40%...
 
 
 
 
Jan 29, 2016
Fundamental analysis of the global platinum market for the next six-year period to 2021 supports a bullish price forecast for the metal, a World Platinum Investment Council- (WPIC-) commissioned report by Glaux Metal, the trading name for the independent research of...
Jan 29, 2016
China is seeking to reform its economy by means of its 13th Five-Year Plan, to create what is being called the New Normal Economy. This is intended to address the challenges facing the country, explained Chinese Education Ministry Deputy Minister (State Committee of...
Jan 28, 2016
The Singapore Bullion Market Association (SBMA) on Thursday approved the World Platinum Investment Council (WPIC) for foreign associate corporate membership, marking the first in a series of strategic initiatives being pursued by the WPIC to stimulate investor demand...
Jan 26, 2016
Andre Boje
Australian exploration company Minergy has appointed Andre Bojé as CEO. Bojé had more than two decades of experience in the South African coal industry. An accountant by training, he cofounded coal trading company Chandler Coal in 1997 and, after a period of...
Jan 22, 2016
The fact that North American carriers are currently driving global airline profitability cannot simply be ascribed to the fact that they are private-sector companies, International Air Transport Association (IATA) Director General and CEO Tony Tyler has cautioned, in...
Jan 22, 2016
European major airliner manufacturer Airbus, part of the Airbus Group, announced significant developments in its two most recent wide-body airliner programmes, the A350 XWB and A380 Superjumbo at its recent global press conference. (The press conference was...
Jan 22, 2016
MMBONENI MUOFHE Solar solutions applications in households will continue to increase as electricity prices continue to rise
The Department of Science and Technology (DST) is funding two solar energy projects that are set to become game changers in the research and development (R&D) of solar solutions.
Jan 22, 2016
South African new-vehicle sales declined by 4.1% in 2015 compared with 2014. This follows a 0.7% drop in 2014 compared with 2013. s Unaudited data released by the Department of Trade and Industry show that South African new-vehicle sales decreased to 617 927 units in...
Jan 19, 2016
Canada’s largest potash producer Potash Corporation of Saskatchewan on Tuesday announced that it would immediately close its Picadilly, New Brunswick potash operations, citing a challenging macroeconomic backdrop. The suspension would make between 420 and 430 jobs...
Jan 19, 2016
China is seeking to reform its economy by means of its thirteenth Five-Year Plan, to create what is being called the New Normal economy. This is intended to address the challenges facing the country, explained Chinese Education Ministry Deputy Minister (State...
 
 
 
 
Jan 19, 2016
Nosipho Siwisa-Damasane
The Richards Bay Coal Terminal (RBCT) last year exported 75.4-million tonnes of coal to set a new record and exceed its target. The 5.7% increase over 2014’s 71.2-million tonnes is seen as a strong achievement at a time of tough market conditions and low coal prices.
Jan 15, 2016
Since the new Chinese government came to power in 2013, it has proposed a host of new strategies to realise the “Chinese Dream” says ENS Africa China practice group head Kenny Chiu. One of the more significant strategies, led by Chinese President Xi Jinping, is known...
Jan 12, 2016
The number of foreign visitors to South Africa increased by 7.6% year-on-year over the festive season to some two-million between December 1 and January 7, according to figures released by the Department of Home Affairs (DHA) on Tuesday. Addressing a media briefing...
Jan 12, 2016
An Airbus A380 of British Airways, overflying Cape Town
European major airliner manufacturer Airbus announced on Tuesday that its flagship A380 Superjumbo programme had achieved break-even last year, with the delivery of 27 of the aircraft to customers. This came ten years after the airliner’s first flight. Furthermore,...
Jan 11, 2016
The $24.7-billion Australia Pacific liquefied natural gas (APLNG) project, offshore Queensland, has shipped its first LNG product. The Methane Spirit departed Curtis Island, bound for customers in Asia, on the weekend.
 
 
 
 
 
 
 
 
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