Search results for: expansion

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  • 14 February 2020
    Business & Finance

    APM Terminals Poti has officially re-initiated the process of obtaining the necessary permits with a firm intention to build the new deep-water multipurpose port in Poti, Georgia.  On February 11, 2020, APM Terminals submitted application to the Technical and Construction Supervision Agency to obtain the permit for land usage for construction of the new deep-water […]

  • 13 February 2020
    Business & Finance

    Following the signing of the contract for the East Breakwater enlargement project, the expansion works of the Port of Sines will begin, thus allowing the port to double the containerized cargo installed capacity. The works concerning the extension of the Port of Sines’ East Breakwater were awarded to Conduril – Engenharia SA. According to the […]

  • 5 February 2020
    Business & Finance

    APM Terminals Poti has presented its plans for the creation of a deep-water port to the Government of Georgia. The plans require an investment of over $250 million of private capital for phase 1 and a substantial amount for phase 2 in an extensive development of the port infrastructure and superstructure. “This investment in the […]

  • 13 January 2020
    Business & Finance

     The Port of Vancouver has just released the latest video update on their Centerm Expansion and South Shore Access Project, saying that the works continued in the water around the terminal and on land in December. Dredging and infilling operations are also in full swing now, according to the announcement. This capital port development […]

  • 25 December 2019
    Business & Finance, Project & Tenders

    McCarthy Building Companies, Inc. has been awarded the Velasco Container Terminal expansion project at Port Freeport, Texas. The Velasco Terminal expansion, which includes Berth 8, features over 925 feet of berth extension and will accommodate post-Panamax gantry cranes. This will be the single largest project built by a public port on the Texas Gulf Coast. […]

  • 16 December 2019
    Business & Finance

    After seven record years of operational growth, Abu Dhabi Ports flagship Khalifa Port is now set for further expansion. The South Quay development, which will be completed by Q1 of 2021, is composed of a three km quay-wall with 18.5 meters along-side draft for general cargo, ro-ro and bulk usage. It will also include eight […]

  • 10 December 2019
    Business & Finance, Project & Tenders

    Works are continuing on the Centerm Expansion Project and South Shore Access Project in Vancouver (BC), informs the Vancouver Fraser Port Authority. As reported, dredging and infilling to create new land to the east of Centerm will continue up to 24 hours a day, 7 days a week with a small exception—crews will take a […]

  • 6 December 2019
    Business & Finance

    International Container Terminal Services, Inc. (ICTSI) has initiated the second phase expansion of its Matadi Gateway Terminal (MGT), located 92 miles upstream on the left bank of the Congo River, Democratic Republic of the Congo (DRC). The Phase 2 expansion will more than double MGT’s existing annual throughput capacity to 400,000TEU/yr. “The expansion of MGT […]

  • 26 November 2019
    Business & Finance

    U.S. Department of Transportation Maritime Administrator Rear Adm. Mark Buzby joined elected officials and leadership from JAXPORT and SSA Marine on November 22 to break ground on a new international container terminal at JAXPORT’s Blount Island Marine Terminal.  The SSA Jacksonville Container Terminal is an expansion of SSA’s current leasehold at Blount Island and includes […]

  • 21 November 2019
    Business & Finance

    DP World Sokhna has celebrated its 10th anniversary by announcing it is near completion of a major expansion project that will bring DP World’s total investment in Egypt to $1.6 billion.  Basin 2 will be operational by the second quarter of 2020 and nearly double capacity at the port to 1.75 million TEUs per year. […]

  • 20 November 2019
    Business & Finance, Project & Tenders

    Port Freeport Commissioners have approved a $129.6 million contract with McCarthy Building Companies, Inc. for the expansion of Velasco Container Terminal in Texas. The Velasco Terminal expansion, which includes Berth 8, features over 925 feet of berth extension and will accommodate post-Panamax gantry cranes. The berth will be dredged to 51 feet, matching the depth […]

  • 13 November 2019
    Business & Finance

    Luka Koper, Slovenia, has started this year a series of major investments aimed at increasing capacity especially on the Container and at the Car & RO-RO terminal. According to the company, intensive construction works are going on various locations around the port. One of the main projects is the extension of the container terminal quayside. […]

  • 7 November 2019
    Business & Finance, Project & Tenders

     Port of Vancouver has just released this video update on their Centerm Expansion Project and South Shore Access Project. According to the company, dredging and infilling work continues in the water area around the terminal. Port of Vancouver is building a dyke east of Centerm to create new land between Burrard Dock and Ballantyne […]

  • 27 September 2019
    Business & Finance, Project & Tenders

    The Port of Houston Commission has approved “critical-path” professional services for the Houston Ship Channel expansion project. The ship channel expansion work approved by the Port Commission includes critical-path professional services for engineering, design and project coordination. According to Port Houston Executive Director Roger Guenthe, the widening and deepening of the ship channel will allow […]

  • 27 August 2019
    Business & Finance

    Galveston has begun replacing hundreds of thousands of cubic yards of sand that were eroded from its beaches during Hurricane Harvey, working to make the city safer from future storms and bolster its tourism industry. FEMA’s Public Assistance program is providing 90% of the funding for three Galveston beach restoration projects whose combined cost exceeds […]

  • 15 August 2019
    Business & Finance

    The Canada Infrastructure Bank (CIB) has just introduced their plan to work with the Montreal Port Authority (MPA) to advance the project development of a new container terminal in Contrecoeur, where the port plans to expand its activities. The Memorandum of Understanding confirms that CIB and MPA will work on the financial structuring of the […]

  • 6 August 2019
    Business & Finance

    The Takoradi Port Expansion Project, located in the Western region of Ghana, has officially started with the construction of a multipurpose on-dock Atlantic Container Terminal, the GhanaWeb reports.  The project, being developed by Ibistek Ghana Limited, will see the port basin dredged to a 16 meter depth and land reclamation for the building of five […]

  • 13 June 2019
    Business & Finance

    The Chairman of the Port of Skagen’s Board, Niels Arnold Lund, signed an agreement with Per Aarsleff A/S today for the Skagen Port Expansion Stage 3.  Under the contract, Per Aarsleff will collaborate with Rohde Nielsen, Sweco and VG Entreprenor on this project. “We know Aarsleff well and they know the harbor, as they have […]

  • 29 May 2019
    Business & Finance, Project & Tenders

    Meridian Port Services Ltd (MPS) and China Harbor Engineering Company (CHEC) have signed an agreement to carry out the second phase of the Tema Port Expansion Project. According to MPS, this agreement involves the construction of the 4th and the last berth of the new port. The new contract adds another 400 meters of berth […]

  • 24 May 2019
    Business & Finance, Project & Tenders

    BAM International, the operating company of Royal BAM Group active outside Europe, has successfully completed Phase 1 and 2 of the Saqr Port Expansion. The combined project value was approximately €75 million. BAM International delivered the project to its client, Saqr Port, in Spring 2019. Saqr Port is the largest bulk-handling port in the Middle […]

  • 3 May 2019
    Business & Finance

    Adani Ports and Special Economic Zone Ltd (APSEZ) has introduced plans to invest Rs 57,594 crore to expand the capacity of Gujarat’s Mundra Port – the flagship port of APSEZ, The Hindu Business Line reports.  The proposed expansion of Mundra’s waterfront development plan (WFDP) includes extension of the quay length by another 14,470 meters, augmenting […]

  • 16 April 2019
    Business & Finance

    The Big Bend Channel expansion scheme is complete – a year ahead of schedule, Port Tampa Bay said in its latest announcement.  The $63 million milestone project, which deepened and widened the Big Bend Channel, will allow for larger ships to call at the terminals. “This is one of the largest projects we have worked […]

  • 2 April 2019
    Business & Finance

    Dragados UK, principal contractor for the Aberdeen Harbor Expansion Project, has just installed the second of the 22 enormous concrete units that will form the closed quay sections at Aberdeen South Harbor. These caissons, 50 meters long, 17 meters wide and 16 meters high, have been floated from Cromarty Firth to Nigg Bay, Aberdeen, in a […]

  • 2 April 2019
    Business & Finance

    The Government of the Russian Federation has made a decision to implement a new investment project, the construction of the Utrenny LNG and condensate terminal in Sabetta seaport. The new Utrenny (Salmanovsky) construction project also includes reconstruction of an access canal in the Gulf of Ob (the Kara Sea). According to the official website of […]

  • 19 March 2019
    Business & Finance

    The Secretary of State for Transport, Chris Grayling, has approved development plans for the expansion of the Port of Tilbury, on the River Thames at Tilbury in Essex, England. Currie & Brown is providing project management, commercial management and procurement services on the Tilbury2 project. Commenting the latest news, Peter Ward, commercial director at the […]

  • 7 March 2019
    Business & Finance

    The Port of Tema (Ghana) – a $1 billion investment by Meridian Port Services (MPS) – is on schedule to open on June 28 this year. According to the company officials, the breakwater and access channel – designed to accommodate the world’s largest container ships – and the first 2 deep-water berths are expected to be able to […]