Asia
Teluk Lamong port to launch in August
Jakarta: State run terminal operator Pelindo III will launch the Teluk Lamong Multipurpose Terminal in East Java in August.
The $294m project, which is expected to ease congestion in the East Java hub of Tanjung Perak Port, is now 90% finished.
The port will have an initial capacity of 1.5m teu. The blueprint for development sees a further three phases of construction all the way through to 2030. [27/06/14]