Search results for: development

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  • 27 March 2018
    Business & Finance

     Ayia Napa Marina, situated on the southeastern coast of Cyprus, has just released the latest video update on their marina development project.  Phase 2 of construction, which refers to all residential and commercial buildings of the project, started on 1st March 2018, with Terna S.A. and the Ayia Napa Marina engineering teams mobilizing new staff, […]

  • 5 July 2011
    Business & Finance, Equipment, Technology, Vessels

      Damen Shipyards have delivered the ASD tugs ‘Karloo’ and ‘Kalarka’ to Half Tide Marine Pty Ltd of Australia. The tugs were built to the highly successful ASD Tug 3111 design, which in common with most Damen vessels, has been the subject of constant research and improvement. Including ‘Karloo’ and ‘Kalarka’, Damen has delivered twenty […]

  • 15 July 2013
    Business & Finance

    Today EMS Albanian Port Operator Shpk officially started operations at the East Terminal in the Port of Durres. EMS APO, full daughter of the German logistics company EMS Shipping & Trading GmbH, Leer, had won the tender this year. The contract was signed in May and has a maturity of 35 years. “An important day […]

  • 1 April 2020
    Business & Finance

    The Maldives Transport and Contracting Company (MTCC) has just released the latest update on their construction activities for a new harbor in B. Fulhadhoo area, saying that the channel dredging works are well underway, with 17% project progress. The harbor construction agreement was signed on July 2, 2019 by Director General of Planning Ministry, Fathimath […]

  • 31 March 2020
    Business & Finance

    Reconstructing and upgrading operations on the western section of the Port of Cres are being carried out as planned, with almost 50% of the planned work being completed to date, local media reports.  All engaged in the project are complying with the COVID-19 protection measures, the port authority in that northern Croatian island announced yesterday. […]

  • 4 March 2020
    Business & Finance

    The Maldives Transport and Contracting Company Plc (MTCC) has won a contract to design and construct a new harbor at S. Hulhudhoo in the Maldives.  The project agreement was signed between the government and MTCC at a ceremony held on March 1. Permanent Secretary of Planning Ministry, Zeeniya Hameed, signed the agreement on behalf of […]

  • 20 February 2020
    Business & Finance

    The Falkland Islands Government (FIG) has selected a development partner to design and build a new port in Stanley Harbor. According to the government, they selected BAM Nuttall Ltd as the development partner. The aim is for the contract to be agreed and signed by the end of March 2020. FIG Chief Executive Barry Rowland […]

  • 8 September 2020
    Business development

    Etermar Engenharia e Construção S.A. has won a tender launched by Terminales Portuarios Euroandinos (TPE) for the extension of the marginal quay of the Paita Port in Peru. According to the company’s official announcement, this project is the first expansion of Peru’s second-largest port in number of TEUs and will allow the port to call […]

  • 14 September 2020
    Business development

    Abu Dhabi Ports (ADP), a developer and regulator of ports and industrial zones in the emirate of Abu Dhabi, has announced that Khalifa Port’s expansion is on pace for completion. The Khalifa Port expansion is set to attract new business and significantly boost capacity in line with evolving customer expectations, said ADP. The expansion has […]

  • 15 December 2014
    Business & Finance, Equipment, Technology

    Speaking at the TOC West Africa Market Briefing conference, APM Terminals’ Commercial Director for Inland Services West Africa, Moussa Diop, described the opportunities represented by a rapidly expanding and urbanizing sub-Saharan population, and the urgent need for significant infrastructure investment in both port and inland logistics capabilities in order to satisfy the projected demands of […]

  • 30 December 2019
    Business & Finance

    The Maldives Transport and Contracting Company Plc (MTCC) has won a contract for the K. Himmafushi Harbor – Phase 2 Project. Director General of Planning Ministry, Fathimath Shana Faarooq, signed the agreement yesterday on behalf of the government and MTCC COO, Shahid Hussain Moosa, put his signature on behalf of the company. Under the contract, […]

  • 20 November 2019
    Business & Finance

    The Port of Seattle approved its 2020 budget and five-year capital plan yesterday, making room for future development projects. According to the port, the budget and capital improvement plan support regional economic and community priorities by investing in new developments. The Port of Seattle held 14 public briefings and meetings on the budget, beginning in […]

  • 30 October 2019
    Business & Finance

    The Maldives Transport and Contracting Company Plc (MTCC) has won a contract for the Phase 1 of S. Hulhumeedhoo MIFCO harbor upgrade, located on the northeastern point of Addu City in the Maldives. Fathimath Shana Farooq, Director General of Planning Ministry, signed the agreement on behalf of the Maldives Government and Hassan Shah, MTCC CEO, […]

  • 22 August 2019
    Business & Finance

    Hamilton Liberal MP Filomena Tassi yesterday announced a major investment of $5.5 million for a project that will increase capacity at the Port of Hamilton. The port will receive the investment for a Pier 10 Export Expansion from the National Trade Corridors Fund (NTCF) on behalf of Transport Canada. The federal funding contributes to a […]

  • 25 July 2019
    Business & Finance

    The President of Ghana, Nana Addo Dankwa Akufo-Addo, cut the sod yesterday for the construction of a mini-harbor and fish landing site in Axim, in the Western Region. The project is set to be executed by China Harbor and Engineering Company (CHEC) over a 30-month period and will involve the construction of breakwater, a quay […]

  • 2 July 2019
    Business & Finance, Project & Tenders

    After 35 months of hard work, the Tema Port Terminal 3 is now operational and ready to accommodate its 1st commercial vessels, reports Meridian Port Services Ltd (MPS). The handover ceremony between construction and operation teams took place last Friday, June 28. Present at the ceremony were the Director General of the Ghana Ports and […]

  • 1 July 2019
    Business & Finance

    A $513.6 million operating budget for fiscal year 2020 has been approved at the Port of Oakland, California.  The port’s governing board ok’d the spending plan at a meeting held last week. “The new budget is up about 4 percent from the one adopted for fiscal year 2019. It goes into effect July 1. The […]

  • 14 June 2019
    Business & Finance

    The Government of Mauritius announced today in their Budget 2019-2020 Plan that the transformation of the Port Louis Harbor through new investments, in view of expanding its role and capacity, will boost productivity and enhance competitiveness.  The Mauritius Ports Authority (MPA) plans to construct a breakwater to reduce downtime at the port during bad weather […]

  • 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

    The Maldives Transport and Contracting Company Plc (MTCC) has won a contract to construct the Phase Two of V. Keyodhoo Harbor in Vaavu Atoll. Under the agreement, the Keyodhoo development program will include dredging of 6.300m³ of material, construction of a 102m breakwater, 97m of revetment, 212m quay wall, ramp, concrete bridge, harbor drainage and interlocking […]

  • 11 March 2019
    Business & Finance

    The Government of Ireland’s Department of Agriculture, Food and the Marine has updated local Fingal councilors on its proposals for the Howth Harbor dredging works, said Cllr Cian O’Callaghan in his latest announcement.  The Department is proposing to dredge five areas of the harbor: The Fishing Trawler basin between the West Pier and Middle Pier; The […]

  • 10 December 2018
    Business & Finance

    A McGowan Government commitment to upgrade Broome Port, improving cruise ship access and boosting local tourism, will be ready for the 2019 cruise season in October. Work to dredge the port channel will allow round-the-clock access for cruise ships, which currently need to dock at irregular hours due to the port’s navigational hazards. “Providing unrestricted […]

  • 12 November 2018
    Business & Finance

    International Container Terminal Services, Inc. (ICTSI) has submitted a proposal to the Philippine Ports Authority (PPA) to develop two ports in Iloilo – the Iloilo Port Complex and the Port of Dumangas, an investment estimated to cost over $94 million. In line with the future development needs of Iloilo and the Visayas, ICTSI submitted a […]

  • 25 October 2018
    Business & Finance

    The Board of Directors of the Canadian Halifax Port Authority has confirmed that the work on the temporary South End Container Terminal berth extension has started, implementing its August 2018 board decision and announced at Halifax Port Days. According to an official announcement, the berth extension will ensure that the Port of Halifax will continue […]

  • 15 October 2018
    Business & Finance, Project & Tenders

    The Port of Corpus Christi recently reported a new tonnage record of 79.3 million tons for the first nine months of 2018, which further supports the Port’s call for the US Army Corps of Engineers to move swiftly in the execution of the Corpus Christi Ship Channel Improvement Project (CIP). The new record surpasses the previous one […]

  • 20 August 2018
    Business & Finance

    The Government of Canada will be investing $42 million in small craft harbor improvement and transfer projects across Nova Scotia over the next three years. The announcement was made by Scott Brison, President of the Treasury Board and Member of Parliament for Kings─Hants, on behalf of Jonathan Wilkinson, Minister of Fisheries, Oceans and the Canadian Coast […]