Search results for: loan

1817 results

A list of search results

  • 3 July 2017
    Business & Finance

    The capacity of the Port of Dar es Salaam will be increased to 25 million tons over the next seven years following the World Bank Board of Executive Directors’ approval of a $345 million credit and a $12 million grant to the new Dar es Salaam Maritime Gateway Project (DSMGP).  DSMGP is to be implemented […]

  • 15 February 2013
    Business & Finance

    Next month, the Port of Rotterdam Authority will transfer €290 million to the Dutch State. This is eight years ahead of the schedule planned in 2005. In 2005, the Dutch State, the Municipality of Rotterdam and the Port Authority agreed that the Port Authority would receive a total amount of €726 million from the Dutch […]

  • 12 April 2013
    Business & Finance

    Sen. John Proos, R-St. Joseph, on Tuesday welcomed officials from the city of South Haven to the Michigan Capitol. Proos and the officials met to discuss numerous issues facing local governments like South Haven and the Southwest Michigan region. “Record-low water levels in the Great Lakes are beginning to impact the state’s recreational marinas and […]

  • 22 May 2014
    Business & Finance, Equipment, Technology

    Dagupan City Mayor Belen Fernandez today expressed optimism that the ongoing dredging of shallow rivers with the use of three dredging machines loaned by the Department of Public Works and Highways (DPWH) will not only ease flooding but will boost the production of milkfish, which is Dagupan’s number one agricultural product. Fernandez said that a […]

  • 4 September 2013
    Business & Finance

    The newly constructed Oluvil commercial port and fisheries harbour together with the ice manufacturing plant constructed in the Eastern Province with aid from Denmark was vested in the public by President Mahinda Rajapaksa Sunday afternoon. Sri Lankan Government in its plans to give momentum to its economic development under the five hub concept had decided […]

  • 4 March 2013

    Citing expanding commerce and activity in the Arctic, U.S. Sen. Mark Begich introduced The Arctic Deepwater Ports Enhancement Act to promote the development of much-needed deepwater ports in the region. “Arctic ports will have a big effect on the way we produce and export natural resources and on our ability to reduce high fuel costs […]

  • 26 March 2019
    Business & Finance

    Captain Tarek Shahin, the Egyptian Damietta Port Authority (DPA) chairman, hosted a meeting today with a delegation from the Dutch marine services provider Van Oord, Wadi El Nile For Contracting & Real Estate Investments and The Egyptian Ports Development Group (EPDG). During the meeting, the parties discussed how far these three companies can work on […]

  • 18 February 2020
    Business & Finance

    The European Investment Bank (EIB) has signed a SEK 445 million (EUR 41.75 m) loan agreement with the Municipality of Ystad to expand harbor facilities, so that new, larger LNG vessels can access the harbor. The port in the southern-Swedish town is a busy connection point to the Polish Port of Swinoujscie and the Danish […]

  • 24 May 2018
    Business & Finance

    In-keeping with the Government of Saint Lucia’s plans to build a resilient Saint Lucia, the essential desilting works on The John Compton Dam (JCD) are finally starting with phase one. The Water and Sewerage Company Incorporated (WASCO) is spearheading the JCD Rehabilitation project which will see the construction of a Sediment Disposal Area (SDA) as […]

  • 7 July 2015
    Business & Finance

    Grants and loans worth $227 million just turned green, creating jobs and protecting waters across Washington state through 162 newly funded projects. “This funding represents critical investments of state and federal resources in improving and protecting the quality of our state’s waters while also supporting the health and vitality of communities throughout the state,” said Heather […]

  • 11 September 2014
    Business & Finance, Equipment, Technology

    The Board of Directors of the African Development Bank Group (AfDB) approved a combined US $256 million for the financing of investments in Nigeria and Ethiopia as well as a multinational projects preparation facility. The approvals comprise a US $150-million senior loan to Lekki Port LFTZ Enterprise for the construction of a Greenfield seaport in […]

  • 30 May 2012

      Philippine Ports Authority (PPA) reported an increase in its net income for the first quarter of the year as a result of higher port revenues despite the slight increase in its expenses. In its report, PPA said it earned P1.13 billion for the first three months of the year, up by nearly 30 percent […]

  • 12 June 2017
    Business & Finance

    The Tanzania Ports Authority (TPA) and China Harbor Engineering Company Ltd (CHEC) have signed a $154 million contract for the Dar es Salaam port expansion program. Under this capital development scheme, which will be implemented in the next three years, berths No 1-7 will be strengthened and deepened to 15.5 meters. The upgrading of the berths will […]

  • 15 April 2016
    Business & Finance

    The Florida Department of Environmental Protection (DEP) has awarded funding for four projects, including two grants in the past week, to help improve water quality in the Indian River Lagoon. The recent algal bloom (brown-tide event) in the northern Indian River Lagoon and Banana River reinforces the importance for continued water-quality restoration work in the […]

  • 4 February 2014
    Business & Finance, Equipment, Technology

      The Philippine Ports Authority (PPA) posted higher net income in the first 10 months of 2013, enabling the agency to donate P20 million to Yolanda-ravaged areas. Latest data showed that net income reached P4.87 billion in the January-October 2013 period or about 58.2% higher compared to the P3.08 billion registered in the same period […]

  • 22 March 2013
    Business & Finance

    Language authored by Sen. Carl Levin, D-Mich., to improve funding for maintenance of the nation’s harbors was included this week in a water resources bill approved by the Senate Environment and Public Works Committee. The text of the Harbor Maintenance Act, which Levin introduced earlier this year, was included in the Water Resources Development Act […]

  • 10 August 2018
    Business & Finance, Project & Tenders

    Senator John Hoeven yesterday convened a roundtable with local leaders from the Fargo-Moorhead region on efforts to advance comprehensive flood protection in the Red River Valley. Hoeven outlined provisions he recently secured to support flood control efforts, including in the Fiscal Year 2019 Energy and Water funding bill, which was passed by the Senate in June, and the […]

  • 6 March 2019
    Business & Finance

    Works on widening and deepening the Vridi Canal in Ivory Coast, implemented by China Communications Construction Company’s (CCCC) subsidiary China Harbor Engineering Company (CHEC), are officially completed – eight months ahead of schedule. The inauguration ceremony of the expanded waterway took place on February 21, in the presence of Amadou Gon Coulibaly, the Prime Minister of the […]

  • 7 April 2017
    Business & Finance

    IFC – International Finance Corporation, a member of the World Bank Group, is providing a $37 million loan to MV Cargo to support the construction of a new grain terminal at the Black Sea Port of Yuzhny. IFC’s financing will allow the company to build a terminal capable of handling up to 5 million tons […]

  • 4 June 2018
    Business & Finance

    Japan’s Mitsubishi Corporation (MC) said in its latest announcement that they have won a $110 million port construction contract in the Republic of Iraq. Extended by the General Company for Ports of Iraq (GCPI), the contract covers a port rehabilitation project in the country’s southern region of Basra and it is being funded through ODA […]

  • 26 June 2018
    Business & Finance

    Cambodian Prime Minister, Samdech Hun Sen, yesterday inaugurated a multipurpose terminal in the state-run Sihanoukville Autonomous Port (PAS), the only deep-sea port in Cambodia.  This new achievement – completed after more than three years of construction work – was undertaken at a total cost of $74 million under Japanese soft loan, through Japan International Cooperation […]

  • 30 July 2020
    Business development, Infrastructure

    The Jacksonville City Council has unanimously awarded JAXPORT $75 million for the project – comprised of a $35 million grant and a $40 million loan. “It’s a historic win for our community and the 15,000 jobs that will be created or protected by the Jacksonville Harbor Deepening Project,” said Jacksonville Port Authority in their latest […]

  • 13 March 2012

    A step toward improving water quality at Grand Lake St. Marys will occur this spring when an alum treatment will be applied to cover the entire lake. This treatment is part of Gov. John Kasich’s approach to improve Grand Lake St. Marys through rough fish removal, dredging, installation of a treatment train, wetland creation, watershed […]

  • 10 September 2019
    Business & Finance

    The Asian Development Bank (ADB) has approved a $62.26 million grant to support a project that will enhance the safety, security, and sustainability of Apia Port, which is Samoa’s main international maritime gateway. Samoa has historically suffered from disasters triggered by cyclones and earthquakes. The breakwater at the port is badly damaged. The project will […]

  • 3 April 2013
    Business & Finance

    Deputy Minister of Roads and Urban Transportation and Managing Director of Ports and Maritime Organization (PMO) said that currently as many as 150 projects on port and coastal areas are underway in the country in partnership with the private sector. These project mainly concern port infrastructures and superstructure such as providing operational equipment for the […]

  • 25 February 2013

    Noranda Aluminum Holding Corporation (NOR) reported results for fourth quarter and full-year 2012. “Our fourth quarter results reflect continued stable demand with somewhat improved LME aluminum prices,” said Layle K. (Kip) Smith, Noranda`s President and Chief Executive Officer. The Company has no debt maturities until 2015 aside from the modest 1% per annum amortization of […]