Search results for: port expansion

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  • 28 February 2017
    Business & Finance

    APM Terminals Lazaro Cardenas yesterday received its first official vessel call with the arrival of the 9,600 TEU capacity Maersk Salalah on the AC2 Transpacific service from Asia. “A priority for us is to transition terminals under implementation into operation, and make them as efficient as possible to support our customers,” said Morten H. Engelstoft, […]

  • 10 February 2017
    Business & Finance

    The Wyk auf Fohr Port Authority has announced tender for the new construction and extension works at the Alte (Old) Mole and the Quermole. After the last reconstruction in the 1980s, the Alte Mole shows an increased need for repairs to the sheet piling, the authority said. In addition, the Alte Mole, in terms of […]

  • 21 April 2017
    Business & Finance

    Région Bretagne, Service Fonctionnel des Transports, has invited bidders to submit their offers for the Brest Port Development Project – lot M06.  The contract involves the dredging of channels and docks at the French Port of Brest – including a wharf under construction, the filling of the new polder and the associated stocking method to accommodate: […]

  • 18 January 2018
    Business & Finance

    The Pointe Seraphine Berth One extension was formally opened on January 13, welcoming Royal Caribbean’s Anthem of the Seas, the first-ever mega ship to visit Saint Lucia. The upgrading of the cruise facility was undertaken by the Saint Lucia Air and Sea Ports Authority (SLASPA), in keeping with the government’s outlook for improving the tourism […]

  • 15 January 2018
    Business & Finance

    APM Terminals Poti and Poti New Terminals Consortium have signed a Memorandum of Understanding (MOU) for a $100 million investment in a new bulk cargo terminal that can process 1.5 million tons of dry bulk cargo annually and generate new trade opportunities for customers in the Georgian transit corridor. According to the official statement, the […]

  • 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 […]

  • 1 March 2017
    Business & Finance

    APM Terminals and Bollore Transport & Logistics executives, the sponsors of the Tema Port Expansion Project, have toured the existing Meridian Port Services Terminal (MPS) inside Tema Port and the adjacent port expansion project site, Ghana News Agency (GNA) just announced. On the tour of the port expansion works, the team expressed satisfaction with the […]

  • 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 […]

  • 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 […]

  • 5 January 2017
    Business & Finance

    Port of Rauma has just released a video update about the progress made during 2016 on the port’s Container Terminal Extension Project. In April 2016, Port of Rauma launched a major building project at the existing container terminal totaling over EUR21 million. The development consists of expanding the current container terminal by building more berths for […]

  • 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 […]

  • 5 August 2013

    CCCC Second Harbor Engineering Co., Ltd. has recently won the bid for the terminal expansion project in Xiakou operation zone of Xingshan area of Yichang Port in Hubei Province, with a contract value of 136.5 million yuan and a construction period of 685 calendar days. The terminal expansion project in Xiakou operation zone of Xingshan […]

  • 13 February 2012

    Suriname’s Port Authority needs an additional US$ 30 million to consolidate its leading position in the region, stated director John Defares. The port has just finished five years of expansion and modernization costing US$ 100 million. “The additional investment will be good for the next 20 years. All we need to do is constantly see […]

  • 12 November 2012
    Business & Finance

    Northport (M) Bhd, one of the main maritime gateways in the country, believes that its port capacity-expansion plans will be the catalyst to ride over the expected headwinds that may hit the industry going forward. This is because as a seasoned player, the wholly-owned subsidiary of NCB Holdings Bhd has survived and withstood quite a […]

  • 29 July 2011

    India is on track to award 23 contracts for port expansion worth $3.8 billion this fiscal year, as Asia’s third-largest economy turns the… (mb) [mappress] Source: mb, July 29, 2011;

  • 14 June 2013
    Business & Finance

    An agreement between Kenya and Japan regarding the funding for the Mombasa port expansion and modernization plan has successfully secured funds from the Japanese government for all three work phases as well as the construction of a free port at Dongo Kundu. In week 14 Cofra B.V. started installing 5.5 million meters of drain for […]

  • 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 […]

  • 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 […]

  • 9 July 2015
    Business & Finance, Project & Tenders

    A tender to select consultant who will conduct studies and design for the third phase of the Port of Salalah expansion project has been released by the Oman’s Ministry of Transport and Communications. According to the Ministry, the selected consultant will conduct a study on the third phase expansion and will design the expansion program. The tender documents […]

  • 22 August 2016
    Business & Finance, Research & Development

    Vishakhapatnam Port is poised for major expansion, with the Minister for Shipping, Road Transport and Highways Shri Nitin Gadkari inaugurating several projects during his visit to the port last Friday. The Minister inaugurated a container freight capacity developed project as well as the commissioning of 6.25MW out of 10MW solar power plant. In addition, the Minister laid […]

  • 23 February 2017
    Business & Finance

    The Port of Tilbury, London’s major port, will begin its pre-planning community consultation on 6 March to seek local views on its proposals to build a new port terminal adjacent to the current port. The proposed new port terminal, known as Tilbury2, will be built on a 152 acre site which was part of the […]

  • 8 December 2014
    Business & Finance

    The Australian Marine Conservation Society (AMCS) has welcomed Societe Generale’s decision to withdraw involvement in the Alpha coal mine, putting investment in port and rail infrastructure at Abbot Point in doubt. Felicity Wishart, AMCS Great Barrier Reef campaign director, said a lack of investor confidence in this and other port expansions is growing because they […]

  • 1 August 2012

    The International Finance Corporation (IFC) is considering a loan which would fund over half of Gujarat Pipavav Port Ltd’s (GPPL) new expansion project. According to the Business Standard, the IFC is considering a US$170m loan to part fund the proposed US$303m expansion project. This development project will include building a new liquid cargo berth, expansion […]

  • 2 August 2019
    Business & Finance

    The second phase in a major upgrade of Scrabster Harbor in Caithness, the North of Scotland, has secured up to £3 million investment from Highlands and Islands Enterprise (HIE). According to the HIE official announcement, the funding will enable the redevelopment of the existing St. Ola pier to create further deep-water infrastructure and meet anticipated […]

  • 5 November 2015
    Business & Finance

    The Port of Virginia, one of the few deep water ports on the East Coast, is entering into a period of historic capital investment and infrastructure expansion. In order to attract companies specializing in the construction, engineering and architectural trades, the port will today, November 5th 2015, hold a “Construction Contractors’ Open House” at the Half Moone […]

  • 14 May 2017
    Business & Finance

    On the heels of record-breaking container volumes in March and April, South Carolina Ports Authority yesterday celebrated another milestone with the arrival of the biggest container ship ever to call the US East Coast. “The deployment of 13,000 twenty-foot equivalent (TEU) vessels to East Coast ports marks a new era in the global container shipping […]