Maersk still wedded to Tanjung Pelepas

Maersk Shipping Line has revealed that it retains a "keen interest" in the Malaysian Port of Tanjung Pelepas, where it controls a 30% equity stake. This is despite the fact that majority partner MMC Corporation has been given permission to negotiate a possible sale of one fifth of its holding to foreign investors. MMC needs the cash to fund future expansion. It is not known if Maersk is interested in acquiring the extra equity.

NORTHPORT TO SLOW INVESTMENT?
Reports suggest that Port Klang terminal operator Northport is considering delaying the upgrade of one of its harbour areas, because of current financial worries.

DALIAN PORT BUYS JINZHOU
The Dalian Port Group has confirmed it is to buy Jinzhou Port this year. In 2008, it was revealed that Dalian Port would acquire an 18.9% holding at the cost of $278m, making it the second largest shareholder.

MALAYSIAN OPERATORS TO CONTINUE INVESTING
Malaysian ports have scheduled investment of $1.61bn over the next few years. Of that, PTP has set aside $812m, while Port Klang operators are to spend $373m.