Singapore Awards $1.1 Billion Contract for Phase 2 of Tuas Mega-Port Project

By Aradhana Aravindan and Henning Gloystein SINGAPORE, April 25 (Reuters) - Singapore on Wednesday announced a $1.1 billion plan to expand and modernise its port, the world's second-biggest, but which is in fierce competition with several Chinese harbours including Shanghai, Shenzhen and Guangzhou. The Maritime and Port Authority of Singapore (MPA) said it has awarded a … [Read more...]