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APM Terminals and Turkey-based Petkim have today entered into a final agreement to create and operate Aegean Gateway Terminal (AGT). AGT will be one of Turkey’s largest container and general cargo terminals and will be entirely operated by APM Terminals under a concession agreement with operations expected to start in summer 2015. The agreement means […]
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The Dutch company Van Oord BV will conduct dredging in the area of water where a new international sea trade port will be situated in the… (today) [mappress] Source: today, February 18, 2011;
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Azerbaijani President Ilham Aliyev took part in the foundation laying of the new Baku International Sea Trade Port Complex in Alat … (trend) [mappress] Source: trend, November 4, 2010;
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The work on new Baku International Sea Trade Port complex in Alat settlement located 65 km south from Baku is progressing according to the schedule. Deputy Transport Minister Musa Panahov has informed that work on the port construction is underway and to date dredging work has been finished by about 60%. He said: “Civil work […]
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The Baku International Sea Trade Port terminal will be relocated to a new address by the end of July this year, reports abc.az. The Ministry of Transport decided that the new location for this terminal will be in Alyat settlement. These works are ongoing, said Musa Panakhov, the Deputy Minister of Transport, and added: “I […]
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A £200,000 project to dredge Sharpness Dock and keep it open for business has revealed some unusual finds, as the port welcomes its largest ship in decades. The project has seen an estimated 10,000 tonnes of silt removed from the dock using a process called ‘cutter suction’ dredging. It’s also uncovered some unexpected items believed […]
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Coordination of feasibility study of the project of construction of new Baku International Sea Trade Port Complex to be located in Alat settlement in 40 km south of Baku has been finished. The Azerbaijani government says that readiness of technical documentation enables to begin works on port construction… [mappress] Source:abc,April 22,2010;
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Dredge Yard develops new design for Water Ball Joint. These ball joints have been produced by using new innovative design developed by Dredge Yard’s team of engineers which makes it much more economical and suitable for transporting water. Water ball joint 700 mm is suitable for 10 bar working pressure and has been tested up […]
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A.P. Moller-Maersk Executive Board Member Kim Fejfer will meet with Turkish Prime Minister Recep Tayyip Erdoğan this afternoon, in connection with a state visit to the Danish capital by the Turkish Prime Minister and as the next step in the company’s partnership on Turkish infrastructure. The formal agreement for the development of the Aegean Gateway […]
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Preliminary construction work on a new commercial seaport south of Baku will begin in April, now that the blueprint has been completed. mappress] Source: News.az, February 8, 2010
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Business & Finance, Equipment, Technology
Norske Shell AS is extending its use of AGR’s deep-water excavation technology and expertise on the Ormen Lange field. Originally, a £9m (NOK84m) deal announced in February between the Aberdeen-based Excavation & Trenching arm of AGR Drilling Services and Norske Shell was to last until June 2, 2011. Now Norske Shell has called upon AGR […]
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Business & Finance, Equipment, Technology
Speaking at the 4th Annual Black Sea Ports and Shipping Conference 2015 on May 29th, APM Terminals Poti Deputy Managing Director Joseph Crowley discussed the advantages of Poti Seaport as the prominent gateway for Black Sea, Mediterranean and Central Asian trade. “While recent World Bank economic growth forecasts for the broader Caucasus region have been […]
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In line with APM Terminals investment strategy in high growth markets, the company has announced the acquisition of an 80% share in Poti Sea Port, which is located on Georgia’s Black Sea coast. The shares have been bought from Ras Al Khaimah Investment Authority (RAKIA) of the United Arab Emirates. Strategically‐located, Poti Sea Port is the largest port […]
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Van Oord’s turnover in 2011 was EUR 1,715 million (2010 EUR 1,578 million) and was evenly attributable to activities performed by Van Oord’s divisions and areas. The net profit for 2011 amounted to EUR 118 million (2010: EUR 165 million, including an extraordinary tax gain of EUR 40 million). CEO Pieter van Oord: ‘Given the […]
