Kaohsiung Harbor management vowed yesterday to boost productivity as a report showed that although Kaohsiung retained its title as the world's sixth-busiest container port last year, it is quickly losing its competitiveness.
"We will try to boost our efficiency, cut shipping lines' cost and increase the number of trans-shipment containers," Harbor Master Huang Kuo-ying (
"Our target for 2006 is 10 million TEUs [20-foot equivalent units], and half of them will be trans-shipment containers," he said.
Huang was responding to the Ministry of Transportation and Communication's report which warned that Kaohsiung Harbor was quickly losing its competitiveness because of Taiwan's five-decade ban on sea links with China and the expansion of foreign ports, especially Chinese ports.
Kaohsiung Harbor was the world's third-largest container port in 1999.
The ministry's report is based on the compilation of the world's top-30 container ports last year by the London-based Container International monthly.
According to the March issue, the container volume of all the top-30 ports -- except Kaohsiung -- rose, some by even 20 percent.
But Kaohsiung Harbor's container volume fell by 2.5 percent to 9.47 million TEUs last year, and its gap with Rotterdam Port -- which ranks seventh -- has shrunk from 1.4 million TEUs in 2004 to 180,000 TEUs last year.
According to Containerisation International magazine, Singapore led the world's top-10 container ports last year with 23.19 million TEUs, followed by Hong Kong, Shanghai, Shenzhen and Busan.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said that its investment plan in Arizona is going according to schedule, following a local media report claiming that the company is planning to break ground on its third wafer fab in the US in June. In a statement, TSMC said it does not comment on market speculation, but that its investments in Arizona are proceeding well. TSMC is investing more than US$65 billion in Arizona to build three advanced wafer fabs. The first one has started production using the 4-nanometer (nm) process, while the second one would start mass production using the
When an apartment comes up for rent in Germany’s big cities, hundreds of prospective tenants often queue down the street to view it, but the acute shortage of affordable housing is getting scant attention ahead of today’s snap general election. “Housing is one of the main problems for people, but nobody talks about it, nobody takes it seriously,” said Andreas Ibel, president of Build Europe, an association representing housing developers. Migration and the sluggish economy top the list of voters’ concerns, but analysts say housing policy fails to break through as returns on investment take time to register, making the
‘SILVER LINING’: Although the news caused TSMC to fall on the local market, an analyst said that as tariffs are not set to go into effect until April, there is still time for negotiations US President Donald Trump on Tuesday said that he would likely impose tariffs on semiconductor, automobile and pharmaceutical imports of about 25 percent, with an announcement coming as soon as April 2 in a move that would represent a dramatic widening of the US leader’s trade war. “I probably will tell you that on April 2, but it’ll be in the neighborhood of 25 percent,” Trump told reporters at his Mar-a-Lago club when asked about his plan for auto tariffs. Asked about similar levies on pharmaceutical drugs and semiconductors, the president said that “it’ll be 25 percent and higher, and it’ll
CHIP BOOM: Revenue for the semiconductor industry is set to reach US$1 trillion by 2032, opening up opportunities for the chip pacakging and testing company, it said ASE Technology Holding Co (日月光投控), the world’s largest provider of outsourced semiconductor assembly and test (OSAT) services, yesterday launched a new advanced manufacturing facility in Penang, Malaysia, aiming to meet growing demand for emerging technologies such as generative artificial intelligence (AI) applications. The US$300 million facility is a critical step in expanding ASE’s global footprint, offering an alternative for customers from the US, Europe, Japan, South Korea and China to assemble and test chips outside of Taiwan amid efforts to diversify supply chains. The plant, the company’s fifth in Malaysia, is part of a strategic expansion plan that would more than triple