Search results for: Term

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  • 12 June 2019
    Business & Finance

    The Egyptian Minister of Transport, Engineer Kamel Al-Wazir, announced the completion of a new multi-purpose terminal in Damietta Port today. The multi-purpose terminal, established under the supervision of the Armed Forces Engineering Authority (AFEA), includes  a 630m long, 17m deep berth and is equipped with a backyard area of 50,000m² with anticipated capacity of about […]

  • 11 June 2019
    Business & Finance, Project & Tenders

    Glavgosexpertiza of Russia – the Main Department of State Expertise – recently issued a positive opinion on the proposal to build the Utrenny terminal, a facility for transshipment of LNG and stable gas condensate in the Gulf of Ob of the Kara Sea. According to the officials, the company has considered the design documentation for […]

  • 29 May 2019
    Business & Finance, Equipment, Technology

    The Philippines Government’s Department of Public Works and Highways (DPWH) has deployed a multi-purpose amphibious dredger (MPAD) to clear water hyacinths along Rio Grande de Mindanao in Cotabato City.  The rapid proliferation of water hyacinths clogged the waterway and severely damage facilities protecting riverwalls and bridges in some areas of the ARMM and Central Mindanao […]

  • 23 May 2019
    Business & Finance

    HES International has just released the latest update on their HES Hartel Tank Terminal development project in the Port of Rotterdam. The new tank terminal will be the first terminal in the Netherlands that will be built according to the latest PGS 29 regulations for tank storage, meaning that the terminal will meet very high […]

  • 22 May 2019
    Business & Finance

    The Orion Group Holdings has won a $160 million contract from the Port of Seattle, Washington, for the construction of The Northwest Seaport Alliance’s Terminal 5 Improvements Project. The Orion’s scope on the project includes the rehabilitation and strengthening of the existing wharf at Terminal 5, including berth deepening and electrical upgrades, as well as […]

  • 20 May 2019
    Business & Finance

    Acting President of the Overseas Private Investment Corporation (OPIC), Mr. David Bohigian, and representatives of the Pace Group, Mr. Joseph Dolidze and Mr. Irakli Tateishvili signed a $50 million loan agreement last week for development, construction and operation of a multifunctional marine terminal at the Georgia’s Port of Poti – Pace Terminal. According to a […]

  • 7 May 2019
    Business & Finance, Equipment, Technology

    Researchers at Oregon State University have developed a new methodology for building computer models that paves the way to better understanding the flood risks faced by coastal communities. That’s important because towns along the coast are often situated near estuaries, which makes them vulnerable to both storm tide inundation and river flooding. Estuaries occur where […]

  • 29 April 2019
    Business & Finance

    The Government of New South Wales has given planning approval for Australian Industrial Energy to construct the gas terminal at Port Kembla. According to an official announcement, the new terminal will accommodate Liquefied Natural Gas (LNG) carrier ships, a floating LNG handling facility, wharf infrastructure and a pipeline to connect to the existing NSW east […]

  • 25 April 2019
    Business & Finance, Project & Tenders

     The Maritime and Port Authority of Singapore (MPA) has just released a video about the installation of the 221st and final caisson for Tuas Terminal Phase 1 reclamation. Starting back in 2015, the Phase 1 reclamation works are three-quarters completed now and on schedule to be fully completed in 2021. According to the officials, […]

  • 23 April 2019
    Business & Finance

    Mr. Khaw Boon Wan, Singapore’s Coordinating Minister for Infrastructure and Minister for Transport, witnessed the installation of the 221st and final caisson for Tuas Terminal Phase 1 reclamation today. Commenting the latest milestone, Mr. Wan said: “We have been reclaiming from the sea since independence. But the Tuas reclamation project is not more of the same, […]

  • 22 April 2019
    Business & Finance

    In a written testimony, submitted recently to the House Transportation and Infrastructure Committee’s Subcommittee on Water Resource and Environment hearing on the “Cost of Doing Nothing,” the American Association of Port Authorities (AAPA) called on Congress to invest in critical landside and waterside connections to seaports, fully utilize HMT revenues and implement a long-term funding solution for port maintenance. “Landside and […]

  • 10 April 2019
    Business & Finance

    Associated British Ports (ABP) has applied to the Marine Management Organisation (MMO) to expand its Grimsby River Terminal (GRT) in order to be able to handle the world’s largest car carriers.  According to ABP, the application is the critical first step in the consenting process to extend the existing berthing infrastructure, as well as deepen […]

  • 9 April 2019
    Business & Finance

    The Government of Gibraltar has agreed commercial terms for the creation of a new reclamation project and subsequent development within the harbor – to be known as Victoria Keys. According to an official announcement, the development project will be conducted by Harbor Developments Limited, a consortium made up entirely of locally based developers. The land […]

  • 22 March 2019
    Business & Finance

    The Montreal Port Authority (MPA) and LOGISTEC Corporation have just announced that Viau Terminal, which handles about 350,000 containers annually, will undergo a new construction phase to increase its handling capacity. This is its second phase, which continues and completes the most recent container terminal at the Port of Montreal. Its first phase was completed […]

  • 18 March 2019
    Business & Finance

    DEME Group has just released the latest update on their Tuas Terminal Phase 1 Port Development Project in Singapore, announcing the completion of Finger Pier 2’s Quay Wall Perimeter. According to DEME, the remainder of 380 ha of land can now be reclaimed for the new terminal, also known as finger piers. When completed, the […]

  • 6 March 2019
    Business & Finance

    A consortium including Van Oord and BAM International has completed the construction of the APM Terminals Moin in Costa Rica. The terminal, with a total investment of $1 billion, was built on a 40-hectare artificial island and covers around 80 hectares with a depth of 16m. The access channel is 18m deep. Commenting the latest […]

  • 6 March 2019
    Business & Finance, Project & Tenders

    The first phase of work on the South End Container Terminal extension at the Port of Halifax is well underway, according to the port authority. The work involves dredging of soft material that has accumulated over time. The first phase of the project is over 50% complete. The next phase, construction of concrete caissons, will […]

  • 19 February 2019
    Business & Finance

    The recent call of the 2,500-TEU capacity Safmarine Nuba at the Matadi Gateway Terminal (MGT) – ICTSI Group company – has opened the door to the new shipping system benefits for the Democratic Republic of the Congo (DRC).  “The call, which took place at the end of January, marked the first call by a gearless […]

  • 14 February 2019
    Business & Finance

    International Container Terminal Services Inc. (ICTSI) has officially inaugurated the expansion of its Batumi International Container Terminal (BICT) in Georgia. The expansion encompasses both the waterside and landside areas of the multipurpose terminal, intended to optimize the processing of existing cargo flows and install additional capacity to accommodate new business. During the inauguration ceremony, Hans-Ole […]

  • 5 February 2019
    Business & Finance

    In 2017, UAE-based port developer and operator Abu Dhabi Ports signed a 35-year concession agreement with the Port of Fujairah, under which Fujairah Terminals, a new operational arm of Abu Dhabi Ports was established, with over AED 1 billion earmarked for infrastructural investment. Commercial operations at Fujairah Terminals were officially kick-started in September 2017 as […]

  • 4 February 2019
    Business & Finance

    Port of Brisbane Pty Ltd (PBPL) has announced the principal contractors for its $158 million Brisbane International Cruise Terminal, paving the way for construction to begin in the coming months. Wharf construction will be undertaken by Brady Marine & Civil, a specialist marine infrastructure and engineering contractor headquartered in Brisbane. The civil works and terminal […]

  • 23 January 2019
    Business & Finance

    Indian Oil Corp (IOC) has introduced plans to commission its first liquefied natural gas (LNG) import terminal at Ennore in Tamil Nadu this month, local media reports.  Sanjiv Singh, IOC Chairman, said that the terminal is now complete and set to be commissioned after completion of dredging of the channel that will bring cryogenic ships […]

  • 21 January 2019
    Business & Finance

    ACS Group, through its affiliate Dragados, has been awarded its first large-scale port project in North America for the design and construction of Vancouver Fraser Authority Port’s container terminal extension in British Columbia, Canada. This terminal, located in central Vancouver, is one of the Port’s three container terminals, representing one fifth of its total freight […]

  • 6 December 2018
    Business & Finance

    The Board of Trustees of the Galveston Wharves formally announced on Wednesday, December 5 that it has entered into a Memorandum of Understanding (MOU) with Royal Caribbean Cruises Ltd. setting out the general terms for a new long-term business agreement for the development and operation of a new cruise terminal. While specific designs and costs […]

  • 28 November 2018
    Business & Finance

    Julius Maada Bio, President of the Republic of Sierra Leone, and Cyrille Bolloré, CEO of Bolloré Transport & Logistics, attended the official ceremony celebrating the end of the extension work on Freetown Terminal (concession of Bolloré Ports) on November 23. “Since Bolloré Ports won the international tender launched by the Sierra Leonean authorities in March […]

  • 2 November 2018
    Business & Finance

    In order to restore an ecological condition and biodiversity and to secure the availability of clean drinking water and irrigation water for local communities, the Colombian Government has established a strategic plan for restoring the Lake Fuquene, in the north of Cundinamarca, Colombia. The Autonomous Environmental Corporation of Cundinamarca – CAR was designated to be responsible […]