The Port of Taipei will inaugurate two container piers today, which will upgrade the port in Tamsui, Taipei County, to the second largest international seaport in the country behind Kaohsiung Harbor.
The two container piers were among seven that were scheduled to be built by 2014 under an 11-year build-operate-transfer (BOT) project developed i 2003 by the Ministry of Transportation and Communications (MOTC) with the cooperation of three local maritime companies.
By 2014, when all seven container piers at the Port of Taipei are operational, the annual container handling capacity of the port is expected to reach 4 million TEUs (20-foot equivalent units), MOTC officials said.
The Port of Taipei, a seaport built on reclaimed land, lies south of the Tamsui River (淡水河) estuary in northern Taiwan and faces west. It covers more than 3,100 hectares of marine area, almost five times the size of Keelung Harbor, which is 63km east of Tamsui. The Port of Taipei was designed to be an auxiliary port of Keelung Harbor, which handles only coastal shipping operations because of its limited capacity.
However, it is now positioned to become a major seaport that can handle deep sea shipping operations and direct cross-strait shipping services that were launched on Dec. 15.
Under the BOT development project, Evergreen Marine Corp (長榮海運), Yangming Marine Transport Corp (陽明海運) and Wan Hai Lines Ltd (萬海航運) will jointly invest NT$20.32 billion (US$584 million) to build the seven-pier container port over an 11-year period.
The other five container piers in the project will be built over the next five years at a rate of one per year, the MOTC said.
Most of the containers bound for overseas ports are usually transported by road from northern or central Taiwan to Kaohsiung Harbor then loaded onto ocean-going vessels. Containers from abroad, particularly from Western countries, are shipped to Kaohsiung Harbor then transported by road to their destinations inland.
The development of the Port of Taipei container piers will help save exporters and importers road transport time and costs, as containers for international shipping can now be handled at the Taipei port, ministry officials said.
COMPETITION: AMD, Intel and Qualcomm are unveiling new laptop and desktop parts in Las Vegas, arguing their technologies provide the best performance for AI workloads Advanced Micro Devices Inc (AMD), the second-biggest maker of computer processors, said its chips are to be used by Dell Technologies Inc for the first time in PCs sold to businesses. The chipmaker unveiled new processors it says would make AMD-based PCs the best at running artificial intelligence (AI) software. Dell has decided to use the chips in some of its computers aimed at business customers, AMD executives said at CES in Las Vegas on Monday. Dell’s embrace of AMD for corporate PCs — it already uses the chipmaker for consumer devices — is another blow for Intel Corp as the company
ADVANCED: Previously, Taiwanese chip companies were restricted from building overseas fabs with technology less than two generations behind domestic factories Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), a major chip supplier to Nvidia Corp, would no longer be restricted from investing in next-generation 2-nanometer chip production in the US, the Ministry of Economic Affairs said yesterday. However, the ministry added that the world’s biggest contract chipmaker would not be making any reckless decisions, given the weight of its up to US$30 billion investment. To safeguard Taiwan’s chip technology advantages, the government has barred local chipmakers from making chips using more advanced technologies at their overseas factories, in China particularly. Chipmakers were previously only allowed to produce chips using less advanced technologies, specifically
MediaTek Inc (聯發科) yesterday said it is teaming up with Nvidia Corp to develop a new chip for artificial intelligence (AI) supercomputers that uses architecture licensed from Arm Holdings PLC. The new product is targeting AI researchers, data scientists and students rather than the mass PC market, the company said. The announcement comes as MediaTek makes efforts to add AI capabilities to its Dimensity chips for smartphones and tablets, Genio family for the Internet of Things devices, Pentonic series of smart TVs, Kompanio line of Arm-based Chromebooks, along with the Dimensity auto platform for vehicles. MeidaTek, the world’s largest chip designer for smartphones
TECH PULL: Electronics heavyweights also attracted strong buying ahead of the CES, analysts said. Meanwhile, Asian markets were mixed amid Trump’s incoming presidency Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) shares yesterday closed at a new high in the wake of a rally among tech stocks on Wall Street on Friday, moving the TAIEX sharply higher by more than 600 points. TSMC, the most heavily weighted stock in the TAIEX, rose 4.65 percent to close at a new high of NT$1,125, boosting its market value to NT$29.17 trillion (US$888 billion) and contributing about 400 points to the TAIEX’s rise. The TAIEX ended up 639.41 points, or 2.79 percent, at 23,547.71. Turnover totaled NT$406.478 billion, Taiwan Stock Exchange data showed. The surge in TSMC follows a positive performance