Port News & Information Mediterranean, Black & Caspian Seas

World Bank

The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects.

IFC funds Tanger Med Port Complex truck and passenger upgrade

Tanger Med, Morocco (Ports Europe) November 4, 2024 – The International Finance Corporation (IFC) and other institutions will fund Tanger Med Port...

Turkey close to securing funds for €3.7 railway bridge across Bosphorus

Istanbul, Turkey (Ports Europe) October 30, 2024 – Turkey hopes to sign an agreement with the World Bank soon for funding of up to 3 billion euros to...

World Bank executive visits Georgia, protests in Tbilisi

Tbilisi, Georgia (Ports Europe) May 3, 2024 – Eugene Rhuggenaath, the Executive Director of the World Bank EDS 19, has visited Georgia to discuss...

Georgia hosts World Bank presentation on TITR-Middle Corridor

Tbilisi, Georgia (Ports Europe) March 1, 2024 – Earlier this week, Tbilisi hosted a World Bank event entitled: “The Middle Trade and Transport...

World Bank, HR Wallingford step into shrinking Caspian problem

Aktau, Kazakhstan (Ports Europe) February 12, 2024 – Alarmed by the shrinking waters of the Caspian, Kazakhstan invited the World Bank (WB) to conduct a...

Tanger Med Port planning a €650 million expansion

Tanger Med, Morocco (Ports Europe) January 10, 2024 – The Tanger Med Port Authority (TMPA), a state-owned company in charge of the development of the...

World Bank: Middle Corridor can invigorate regional trade

Astana, Kazakhstan (Porta Europe) January 8, 2024 – With the right policies, the Trans-Caspian International Transport Route (TITR, Middle Corridor), a...

Ukrainian Danube Shipping signed agreement with the World Bank’s IFC

Izmail, Ukraine (PortSEurope) June 26, 2023 – State-controlled Ukrainian Danube Shipping Company (UDP) and the International Finance Corporation (IFC), a...

World Bank to provide finance for Nador West Med (NWM) port complex

Nador, Morocco (PortSEurope) June 27, 2022 – The World Bank has approved $250 million for the MA North-East Economic Development Project which aims to...

Baku Port plays a major role in the main corridors of the region – IFC

Baku, Azerbaijan (Ports Europe) May 24, 2022 – Last week, a delegation from International Finance Corporation (IFC) visited the Port of Baku. The...

Chernomorsk set for the next PPP in the Ukrainian port sector

Chernomorsk, Ukraine (PortSEurope) October 25, 2021 – After successfully signing concession contracts for the ports of Kherson and Olvia, the Ministry of...

Study to privatisation concession at Chernomorsk port completed

Odessa, Ukraine (Ports Europe) April 16, 2021 – Minister of Infrastructure, Vladislav Krykliy, has met with representatives of the European Bank for...

“Blueing the Black Sea” programme holds national consultation in Ukraine

Press Release – Black Sea Economic Cooperation (BSEC) – March 11, 2021 In conjunction with the World Bank, BSEC PERMIS held the latest of its...

Ukraine open for the implementation of joint concession projects in the maritime sector with Denmark

Kiev, Ukraine (Ports Europe) March 9, 2021 – Minister of Infrastructure of Ukraine Vladyslav Krykliy met with the Ambassador Extraordinary and...

In 2021, Ukraine and the World Bank will continue to jointly implement large-scale infrastructure projects

On December 23, the Minister of Infrastructure of Ukraine Vladyslav Krykliy held a working meeting with the Head of the World Bank in Ukraine Arup...

World Bank provides €314 mln loan for Turkey Rail Logistics Improvement Project

Ankara, Turkey (Ports Europe) July 2, 2020 – The World Bank will provide a loan of around €314.5 million ($350 million) for the Turkey Rail Logistics...

EBRD supports first concession project in Ukraine – Kherson seaport

Kherson, Ukraine (Ports Europe) June 28, 2020 – The European Bank for Reconstruction and Development (EBRD) and the World Bank’s International...

Anaklia Development Corporation promotes benefits of its deepsea project for Georgia

Anaklia, Georgia (Ports Europe) May 14, 2020 – The Anaklia Development Corporation (ADC) has published the below announcement. ADC is currently in...

Ukraine officials meet with International Finance Corporation

Representatives of the Ministry of Infrastructure of Ukraine met with representatives of the International Finance Corporation – March 13, 2020 Today,...

Ukraine plans concession tender for Chernomorsk port with international support

We are planning the next concession competition in the port of Chernomorsk – Vladislav Krikliy – January 31, 2020 We are planning the next...

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