Search results for: port expansion

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  • 22 November 2017
    Business & Finance

    The ribbon cutting ceremony for the new APM Terminals Quetzal, aimed to transform Guatemala’s port sector by offering the highest productivity port operations in the country, took place yesterday, the company said in their latest announcement.  APM Terminals Quetzal has a capacity of 340,000 TEUs and is a 85%/15% joint venture between APM Terminals and The […]

  • 24 February 2017
    Business & Finance

    The Canadian Environmental Assessment Agency is making federal funding available for the proposed Contrecoeur Port Terminal Expansion Project, located in Contrecoeur, Quebec. According to the agency, this Participant Funding Program is aimed to assist the participation of the public and Indigenous groups in the federal environmental assessment of the proposed port project. Funding is available for […]

  • 15 May 2012

    The Ghana Ports and Harbours Authority (GPHA) has initiated steps to reclaim about half a kilometer of sea three kilometers westward of the Tema Port to secure more space for expansion to meet increasing demands of the maritime industry, reports the Government of Ghana official portal. The expansion project, expected to cost about $1 billion, […]

  • 29 May 2014
    Business & Finance, Equipment, Technology

    The President of Ghana, John Dramani Mahama, recently paid a brief working visit to the Takoradi Port to acquaint himself with the progress of the expansion works after cutting the sod late last year. The Director-General of the Ghana Ports and Harbours Authority (GPHA), Mr. Richard A. Y. Anamoo, hosted the president and showed him […]

  • 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 […]

  • 8 January 2015
    Business & Finance

    Now in its 4th year, Dredging and Port Expansion Africa event, taking place from 27 – 29 January 2015, will be held in Durban, South Africa. “Africa’s leading event will focus on partnerships for new projects, port accessibility and congestion management will provide you with strategies on how to develop your ports and terminals and […]

  • 30 January 2017
    Business & Finance

    The African Ports Expansion Conference, aimed to discuss modernization of African ports and increasing cargo and freight capacity to handle more traffic, will take place on March 20-21, 2017 in Mombasa, Kenya. Africa is experiencing a major surge in trade with growing volumes of cargo across its ports. To keep up with the increase, government […]

  • 13 November 2012

    Odisha Government halted the Port of Dhamra expansion project, according to portstrategy.com. The Government said in its official statement: “Allotment of additional land to DPCL for second phase development at this stage does not appear tenable.” The main reason for this move is the speculation that Larsen and Toubro Ltd (L&T) is planning to sell […]

  • 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 […]

  • 7 November 2016
    Business & Finance, Project & Tenders

    The Aberdeen Harbor has just announced that the harbor’s latest expansion project has been awarded marine licences. Issued under the Marine (Scotland) Act 2010, the licences cover both construction and dredging operations associated with the project, and form part of a wider consenting strategy, which included Planning Permission in Principle, awarded by Aberdeen City Council […]

  • 6 October 2017
    Business & Finance

    The Netherlands has the best port infrastructure in the world, according to the World Economic Forum in ‘The Global Competitiveness Report 2016-2017’. “It is the sixth consecutive time that our country has taken the top position. In comparison with last year, Singapore remains in second place, Hong Kong takes third place and Belgium is seventh,” […]

  • 8 February 2018
    Business & Finance

    International Container Terminal Services, Inc (ICTSI) is forging ahead with investment in the second phase of new container terminal infrastructure at its Basra Gateway Terminal (BGT) at the Port of Umm Qasr. The port operator said in a press release that this expansion phase will be completed in stages by the third quarter of 2019. The […]

  • 28 August 2017
    Business & Finance

    Port of Tauranga Limited, the New Zealand’s busiest port, last week announced record annual earnings as freight volumes increased across all major cargoes. Port of Tauranga Chair, David Pilkington, said that the results were a satisfying culmination to the company’s $350 million expansion program, which included a major harbor dredging project to widen and deepen […]

  • 24 May 2012

    IQPC has announced that the Dredging & Port Expansion Africa 2013, the inaugural Africa dredging event, is scheduled for 11-14 February, 2013. The host city will again be Durban, and this time the focus will be squarely on Africa north of the Limpopo – that is in addition to again covering South Africa’s dredging and […]

  • 8 September 2016
    Business & Finance, Project & Tenders

    Construction works on the $1.5 billion Tema Port expansion project are expected to begin on the 1st October 2016, reports the Ghana Ports & Harbors Authority. The project, which will enable the development of an ultra-modern state-of-the-art port facility, is set for completion by the 4th quarter of 2019. The immediate cash flow needed for the 1.5 billion port […]

  • 20 June 2012

    Cargo volumes through Kenya’s Mombasa port are expected to rise in coming months, reports Reuters. Handling capacity of the port tripled following its expansion to accept bigger vessels. On Tuesday MV Jolly Peria visited Mombasa port. Since the port’s expansion, the total throughput rose to about 20 million tonnes in 2011 from 18.9 million tonnes […]

  • 4 December 2013

    President John Mahama will today perform a ground breaking ceremony for expansion works at the Takoradi Port. The works, part of a government’s port infrastructure expansion programme, is being carried out in phases to modernise the country’s ports to meet projected increases in maritime activities. While in the Western Region, the President will also inspect […]

  • 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 […]

  • 25 May 2017
    Business & Finance

    Port Everglades received unanimous approval yesterday from the Broward County Board of County Commissioners to begin a $437.5 million expansion project to add new berths for larger cargo ships and install crane rail infrastructure for new Super Post-Panamax cranes. Currently, Port Everglades is berth constrained and additional dock space for cargo ships is needed, especially […]

  • 30 June 2016
    Business & Finance

    Malaysia’s Federal Government has approved another $82.25 million in funding for Suria Capital Holdings Bhd’s Sapangar Bay container port expansion program, which raises the cost of the entire project to $280 million, according to Deal Street Asia. This approval for the increase in funding from the federal government came following a recommendation by the Value […]

  • 10 March 2011

    Recognising the vital role of the region’s ports in providing trade links between the Far East, Asia, Europe and the US, international… (zawya) [mappress] Source: zawya, March 10, 2011;    

  • 20 April 2017
    Business & Finance

    ABPmer, a numerical modelling and dredge specialist, has been commissioned by the Port of Waterford to develop hydrodynamic and sediment models of the Waterford Estuary, as part of its Master Plan process. By replicating present conditions, the model will be used to optimize the port’s current dredge commitment along with informing feasibility studies, environmental assessments, […]

  • 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 […]

  • 13 November 2013
    Business & Finance

    The expansion and upgrade of Russian as well as Baltic ports will play a vital role in the future development and improved trade of the region. With many expansion projects going on the region, the Russian and Baltics region sees huge potential for investors and suppliers. Investment figures of up to RUB 26 billion have […]

  • 16 May 2012

    The New Era reports that last year the Namibian Ports Authority announced plans for an ambitious N$1.7billion container terminal expansion at the port of Walvis Bay. But this N$1.7b expansion project has not commenced as shareholder consultations continue. The company also indicated that the existing container terminal at the port of Walvis Bay will reach […]

  • 16 June 2014
    Business & Finance, Equipment, Technology

    Throughout the years, Kuantan Port has developed progressively towards becoming one of the busiest ports in Malaysia. Kuantan Port Consortium Sdn Bhd in collaboration with the Government has embarked on a port expansion project to cater for ships up to 200,000 DWT and to commence operation early in 2016. The expansion of the port will […]