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.
Taichung reported the steepest fall in completed home prices among the six special municipalities in the first quarter of this year, data compiled by Taiwan Realty Co (台灣房屋) showed yesterday. From January through last month, the average transaction price for completed homes in Taichung fell 8 percent from a year earlier to NT$299,000 (US$9,483) per ping (3.3m²), said Taiwan Realty, which compiled the data based on the government’s price registration platform. The decline could be attributed to many home buyers choosing relatively affordable used homes to live in themselves, instead of newly built homes in the city’s prime property market, Taiwan Realty
The government yesterday approved applications by Alphabet Inc’s Google to invest NT$27.08 billion (US$859.98 million) in Taiwan, the Ministry of Economic Affairs said in a statement. The Department of Investment Review approved two investments proposed by Google, with much of the funds to be used for data processing and electronic information supply services, as well as inventory procurement businesses in the semiconductor field, the ministry said. It marks the second consecutive year that Google has applied to increase its investment in Taiwan. Google plans to infuse NT$25.34 billion into Charter Investments Ltd (特許投資顧問) through its Singapore-based subsidiary Fructan Holdings Singapore Pte Ltd, and
JET JUICE: The war on Iran’s secondary effects have seen fuel prices skyrocket, knocking flight schedules down to earth in return as airlines struggle with costs Airline passengers should brace for more irritation in the next few months as carriers worldwide cancel flights and ground planes to cope with stratospheric increases in jet-fuel prices. Dutch flag carrier KLM is the latest company to cut its schedule, saying on Thursday that it would scrap 80 return flights at Amsterdam’s Schiphol Airport in the coming month. That puts it in the same league as United Airlines Holdings Inc, Deutsche Lufthansa AG and Cathay Pacific Airways Ltd, which have all pruned itineraries to mitigate costs. Global capacity for next month has been reduced by about 3 percentage points, with all
FORESEEABLE CONSEQUENCES: New technology always comes with new innovations by the iniquitous in exploiting users for financial gain or more nefarious ends Artificial intelligence (AI) “agents” say they can save users time and energy by automating tasks, but the growing power of systems such as OpenClaw is putting cybersecurity experts on edge. Powered by a wave of hype, OpenClaw today says it has more than three million users worldwide. The system allows users to create so-called agents, tools based on a large language model (LLM) such as OpenAI’s ChatGPT or Anthropic PBC’s Claude, that can carry out online tasks. “We’ve moved from an AI you could talk with via a chatbot to an agentic AI, which can take action... the threat and the risks are