Search results for: Posorja Port

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  • 10 October 2019
    Business & Finance, Project & Tenders

    The $538 million first phase of the new Deepwater Port of Posorja, Ecuador, is now completed and successfully operational, reports DP World. According to DP, the $538 million initial investment (Phase 1) included the purchase of land, dredging of a new access channel, a 20-kilometer access road and a 400-meter berth equipped to handle containers […]

  • 8 December 2017
    Business & Finance

    DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem recently met with Ecuador’s Minister of Foreign Trade, Pablo Campana, at the global trade enabler’s flagship Jebel Ali Port and Free Zone in Dubai. The visit follows the ground-breaking ceremony held in September this year to mark the start of DP World’s construction of a […]

  • 4 September 2017
    Business & Finance

    The President of Ecuador Lenín Moreno and DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem last week performed a ground-breaking ceremony to mark the start of construction of the first deep water port in Posorja, Ecuador. The ceremony follows the 50-year concession the company won last year from the Government of Ecuador to […]

  • 13 October 2019
    Business & Finance

    Dredging Today brings you an overview of the most popular stories from the past week (October 7 – October 13, 2019).   Nieuwe Waterweg and Botlek Dredging Work Wraps Up The Directorate-General for Public Works and Water Management (Rijkswaterstaat) and the Port of Rotterdam Authority last week celebrated the completion of the deepening of the […]

  • 7 June 2016
    Business & Finance, Project & Tenders

    DP World has won a 50 year concession for the development of a greenfield multi-purpose port project at Posorja, Ecuador, 65 kilometers from the country’s main business city of Guayaquil. The $500 million initial investment (Phase 1) will include the purchase of land, dredging of a new access channel, a 20 kilometer access road and […]

  • 10 September 2017
    Business & Finance, Project & Tenders

    Dredging Today brings you an overview of the most popular stories from the past week (September 4-10, 2017).   Construction of Posorja Port in Ecuador Underway The President of Ecuador Lenín Moreno and DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem last week performed a ground-breaking ceremony to mark the start of construction […]

  • 31 October 2016
    Business & Finance

    The U.S. Army Corps of Engineers, Alaska District, has received a Section 408 permission request from the Port of Anchorage to modify an existing federal dredging project as part of the Anchorage Port Modernization Program. The port’s program consists of five phases to replace and modernize existing docks. The request for Section 408 permission is […]

  • 20 October 2020
    Project & Tenders

    Etermar, one of the largest Portuguese companies specialised in marine construction, has won another tender for a port-development project. A year ago, hurricane Lorenzo destroyed the most western port in Europe. Now, the consortium led by Etermar – Engenharia e Construção, S.A., together with SACYR Somague and Tecnovia Açores won the tender launched by Portos […]

  • 9 August 2016
    Business & Finance

    As part of its ongoing infrastructure investment plan, North Carolina Ports has completed the expansion project of its turning basin at the Port of Wilmington. The turning basin scheme included the removal of an existing bulk pier and dredging along the port’s side of the Cape Fear River to expand the turning basin from 1,200 feet […]

  • 29 May 2014
    Business & Finance, Equipment, Technology

    Sohar Port and Freezone reached one of its most important milestones to date with the arrival of the first 10,000 TEU (twenty foot equivalent units) ship at the newly expanded Oman International Container Terminal (OICT) on May 23, 2014. OICT signed the development agreement early last year for expansion of a 70-hectare container terminal. The […]

  • 20 October 2020
    Project & Tenders

    As part of San Antonio Port’s expansion plans, a cross-organisational team has presented its final report assessing the structural stability and port operability of the proposed new outer breakwater in Chile. The report was the result of more than a year’s partnership between HR Wallingford and Instituto Nacional de Hidráulica Chile (INH). Together they built […]

  • 1 September 2015
    Business & Finance

    With 1,300 new Indian-built Ford automobiles loaded onto the Grand Dahlia on August 27th for delivery to Mexico, a new era for the Indian auto industry and Gujarat Port Pipavav started. The 59,217 gross ton roll on/roll off (Ro/Ro) vessel was the first to call Western India’s fastest-growing port, operated as part of the APM […]

  • 3 January 2014

    Lemesos port in Cyprus will be further extended and upgraded with the construction of an additional 500-metre quay. The signing of the contracts with the successful tenderer is now a reality and therefore the construction works for the extension to the existing port’s quay on its western basin, thus reaching to a total 1270m, will […]

  • 19 February 2020
    Business & Finance

    Federal, state and local elected officials joined local business leaders yesterday to welcome the news that Broward County’s long-awaited Port Everglades Navigation Improvements Project to deepen and widen the port’s navigational channels can now begin with $29.1 million in funding under the Army Corps FY 2020 Work Plan. The funding will be used to build […]

  • 1 October 2020
    Business development

    The Independent Technical Advisory Committee (ITAC) met yesterday to discuss the Port of Townsville’s $193 million Channel Upgrade project. The ITAC consists of marine experts who provide independent advice and input on the environmental monitoring programs, management plans and mitigation strategies. Consequently, ITAC Chair, Dr Brett Kettle, said that one of the important functions of […]

  • 10 August 2020
    Business development, Infrastructure

    During the first six months of this year, the Klaipeda State Seaport Authority already invested approximately EUR 24 million into the development of the port’s infrastructure. According to their latest announcement, although the pandemic caused confusion in the business sector, not a single investment project was stopped in Klaipeda port. The deepening works of water […]

  • 8 October 2020
    Infrastructure

    Port Nelson has released its 2020 Annual Report, showing the Port’s increasing strength and sustainability in the 2020 financial year – amid a series of challenges. The most significant of these was the impact of COVID-19 on cargo volumes and the Main Wharf re-development project. The Port’s total cargo for the 2020 financial year was […]

  • 19 December 2016
    Business & Finance

    The King Abdullah Port has announced that the infrastructure works for Berth 5 and Berth 6 are about to be finished in a few weeks. Commenting the progress, Eng. Abdullah Hameedadin, Managing Director of the Ports Development Company, the owner and developer of King Abdullah Port, said: “With the two new berths, the port’s annual […]

  • 7 October 2016
    Business & Finance

    The Port of Redwood City has just announced that a large amount of dredging works will be conducted on the port waterways in the following days. The U.S. Army Corps of Engineers will kick off the channel maintenance dredging operations on the inner turning basin adjacent to port’s wharf 5 on October 9. This part of the Port […]

  • 5 February 2014
    Business & Finance, Equipment, Technology

    Looking back at the Port of Portland’s maritime trade statistics and industrial development projects over the past year, two notable trends emerged: increased export activity and facility investment. With the successful start of Ford vehicle exports to China and Korea, increased demand for mineral exports, investment in new ship loaders, and a $40 million expansion […]

  • 16 June 2015
    Business & Finance

    Leaders from the Port of Virginia and the U.S. Army Corps of Engineers, Norfolk District, have signed the Feasibility Cost Share Agreement (FCSA) for the Norfolk Harbor and Southern Branch deepening projects. The Corps was represented by Col. Paul B. Olsen, Norfolk District Engineer, and the Virginia Port Authority (VPA) by John Reinhart, CEO and executive director. […]

  • 31 October 2012
    Business & Finance

    Fitch Ratings and Moody’s Investor Service both upgraded Port Manatee’s financial ratings in October as part of major debt restructuring by the port. Fitch assigned a AA+ rating to the new bonds and Moody’s scored the bonds at a Aa2 rating – ranking among the highest of Florida’s 15 deepwater seaports. The ratings reflect confidence […]

  • 11 June 2010

    The Port of Boston is spending US$26 million in upgrades, partly to facilitate shippers by improving the port’s ability to load and unload…   [mappress] Source: maritimenews, June 12, 2010;

  • 30 June 2015
    Business & Finance, Equipment, Technology

    A two-year project that will improve the Yusen Terminals’ container handling facilities at the Port of Los Angeles is scheduled to begin this summer. The Los Angeles Board of Harbor Commissioners has awarded Manson Construction Co. a $44.6 million contract to upgrade berths and backlands at Berths 212-224. “This project consists of strategic improvements to make Yusen […]

  • 8 January 2015
    Business & Finance

    JAXPORT’s TraPac Container Terminal at Dames Point welcomed the largest vessel to ever call on Jacksonville’s seaport two days ago. The 8,100 TEU (containers) MOL Competence traveled from Southeast Asia through the Suez Canal and called on other U.S. East Coast ports before arriving at TraPac. The Competence is more than 1,000 feet in length […]

  • 16 August 2018
    Business & Finance

    The Port of Everett yesterday hosted a groundbreaking to commemorate the start of construction on the Port’s South Terminal Modernization project – the largest capital project in Port history by dollar value, and the largest maritime construction project on the West Coast today. According to the officials, this $36 million South Terminal Modernization project will […]