Search results for: port expansion

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  • 11 May 2020
    Business & Finance

    Meridian Port Services Limited (MPS) successfully completed the entire Phase 1 works of the Tema Port Expansion Project in Ghana (also known as Terminal 3 of Tema Port) on April 30, 2020.  “As per the terms of the Concession, MPS Terminal 3 was expected to Go-Live on 28th June 2019 on 2 berths and the […]

  • 7 May 2020
    Business & Finance

    CHEC, a China Communications Construction’s subsidiary, recently completed the Abidjan Port Expansion Project in Cote d’Ivoire – reaching 11.12 million safe man-hours during the project construction. The project mainly includes building three new container berths, a ro-ro berth, a general cargo berth and shipping channels to improve the cargo handling volume of Abidjan Port. “It […]

  • 6 April 2020
    Business & Finance

    Nordic Investment Bank (NIB) and the Klaipeda State Seaport Authority (KSSA) have signed a 19-year credit facility agreement for infrastructure investments in Lithuania’s largest port. According to their official announcement, NIB’s credit facility of EUR 68 million will finance the reconstruction of several quays at the Port of Klaipėda. The project includes extension of the […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 13 February 2019
    Business & Finance

    Sibolga Port in North Sumatra is set to see an increase in activities, following the completion of a three-year renovation, undertaken by state-owned port operator Pelindo I, The Jakarta Post reports.  The development project included the construction a new multi-purpose dock spanning 153 meters and a container yard. Under the scheme, the docks and dolphins […]

  • 12 February 2019
    Business & Finance

    The Parliament of Ghana’s Committee on Roads and Transport paid an official visit to the Tema Port Expansion Project site last week, local media reports. During the tour, the committee was informed about the general progress of port expansion construction works. The Meridian Port Services (MPS) Senior Management team hosted the officials and displayed a presentation […]

  • 8 January 2019
    Business & Finance

    APM Terminals Poti and Poti New Terminals Consortium have submitted a conceptual design for the first stage construction permit of Poti port expansion to the Ministry of Economy and Sustainable Development of Georgia. The designs include construction, development and operation of a new breakwater, 700 meters of quay wall for dry bulk, containerized and general […]

  • 12 October 2018
    Business & Finance

    After years of planning and preparation, construction of an entirely new terminal in the outer area of the Swedish Port of Gothenburg has started. The project will be the largest expansion undertaking at the Port of Gothenburg in 40 years. Phase 1 started with piling earlier in the week. The 220,000 square meter terminal will […]

  • 25 September 2018
    Business & Finance

    The Sunshine Coast Airport expansion project has reached another significant milestone, with the completion of sand dredging and pumping operations ahead of schedule, the Sunshine Coast Regional Council said in its latest release. Around 1.3 million cubic meters of sand is now on site and will form the foundation of the runway which remains on […]

  • 4 July 2018
    Business & Finance

    Nordic Investment Bank (NIB) and the Municipality of Ystad in southern Sweden have inked a 25-year loan agreement worth EUR 48 million to finance the expansion of the city port. The expansion project will allow the port to take advantage of growing traffic volumes along the Ystad – Swinoujscie route and to handle larger vessels as well […]

  • 8 May 2018
    Business & Finance

    The marine construction works for the Tema Port Expansion Project are moving forward according to schedule, with over 53% of works complete at the moment, the Ghana News Agency (GNA) reports.  The development operations, forming one of the three components of the expansion project, consist of the construction of a breakwater, quay walls, deep water […]

  • 20 April 2018
    Business & Finance

    The first sod has today been turned on the construction of the new runway as part of the Sunshine Coast Airport Expansion Project, the Sunshine Coast Council informs.  Sunshine Coast Mayor, Mark Jamieson, was joined by Federal Member for Fairfax, Ted O’Brien MP, State Member for Maroochydore, Fiona Simpson MP, and representatives of the John Holland […]

  • 9 April 2018
    Business & Finance

    Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer, inaugurated the Phase II Expansion of Dhamra Port on April 7, 2018.  The inauguration ceremony took place in the presence of Naveen Patnaik, Odisha Chief Minister, Nrusingha Charan Sahoo, Minister of Commerce and Transport, Gautam Adani, Chairman of Adani Group, and other dignitaries. During the ceremony, […]

  • 9 April 2018
    Business & Finance, Project & Tenders

    The dates of 2nd East Africa Port Expansion Conference have been changed to 18-20 April 2018, according to the event organizer IQPC. At the conference in Mombasa, Kenya, IQPC will gather senior port representatives, consultants and contractors, in order to share their knowledge and drive better business in the region. The company also announced that high-ranking representatives […]

  • 4 April 2018
    Business & Finance, Project & Tenders

    After nearly ten years of planning and the Environmental Impact Statement (EIS) approval received in February, the future of the Townsville Port Expansion Project is under threat because of funding cuts. The Federal Infrastructure Minister Paul Fletcher revealed today that the Turnbull Government wouldn’t be kicking in their share for the channel widening project, which has already received $75 […]

  • 6 March 2018
    Business & Finance, Project & Tenders

    Grand Port Maritime de Dunkerque (GPMD) recently closed the public comment period for its proposed CAP 2020 development project. According to the port, during the three months of informative and in-depth discussions, Dunkerque-Port presented its plans for a new container dock, a major project for the economy of the region and the Dunkirk area. “Dunkerque-Port attended […]

  • 21 February 2018
    Business & Finance

    Joe Ghartey, the Ghanaian Minister for Railways Development, paid a working visit to the Tema Port Expansion Project Site on Wednesday, February 14, 2018. The visit came after Ghartey’s meeting with the Ghana Ports & Harbours Authority and the Meridian Port Services Limited on January 30 at the Ministry of Railways Development, where they discussed issues relating […]

  • 9 February 2018
    Business & Finance

    The 2nd East Africa Port Expansion Conference is set to take place from 21-23 March 2018 in Mombasa, Kenya, reports the event organizer IQPC. East African ports are undergoing massive expansion in order to meet growing global trade demands. New projects include port infrastructure development, dredging operations, rail link construction and upgrade of terminal operating […]

  • 18 January 2018
    Business & Finance

    IDB Invest, a member of the Inter-American Development Bank (IDB) Group, will finance the expansion of the Argentinian Terminal Zarate Port, located in a strategic area to move goods and containers from the center and north of the country along its waterways. Under the agreement, IDB will provide an A loan of $15 million and […]