Investment
Investment – Capital outlay in ports assets and businesses by companies, organisations and governments. Usually to increase capacity and implement upgrades to to port equipment.
Gastrade and the Alexandroupolis Port Authority negotiate
Alexandroupolis, Greece (Ports Europe) April 28, 2023 – Negotiations are ongoing between Gastrade and the Alexandroupolis Port Authority for the lease...
Ukrainian minister looks to expand Danube region ports
Kiev, Ukraine (Ports Europe) April 28, 2023 – This year, Ukraine plans to have handled 20 million tons of cargo via its inland Danube ports, said...
Ukraine’s Orlivka ferry complex to become river-sea port
Orlivka, Ukraine (Ports Europe) April 24, 2023 – The Ukrainian Orlivka (Orlovka) ferry complex on the Danube River ferry crossing with Romania’s Isakcha is...
Port of Ancona proposes new structure for additional docks
Ancona, Italy (Ports Europe) April 21, 2023 – The Port of Ancona has proposed a new structure in the port to be used for additional docks. The port has a...
Astrakhan port SEZ Lotos signs four agreements at TransRussia
Astrakhan, Russia (Ports Europe) April 20, 2023 – JSC SEZ Lotos attended the TransRussia exhibition in Moscow this week and signed four business...
Transport and logistics centers in Russia for €1.6 billion
Moscow, Russia (Ports Europe) April 19, 2023 – Forced by Western sanctions to redirect the cargo flow from the north-west to the south-east of the vast...
German concessionaire to sue Albania over Durrës port conversion
Durrës, Albania (Ports Europe) April 13, 2023 – Germany-headquartered EMS Shipping and Trading company has filed a lawsuit against the Albanian state in...
Only in Albania: Sea ports replaced by apartment buildings
Vlora, Albania (PortSEurope) April 11, 2023 – A 350 million euro marina for 400 yachts will replace the second biggest commercial port in Albania in the...
Taganrog Commercial Sea Port reports quarter 1, 2023, progress
Taganrog, Russia (PortSEurope) March 31, 2023 – JSC Taganrog Commercial Sea Port, the main stevedoring operator of the seaport, has reported activities...
European Investment Bank lends money to support Greek ports
Athens, Greece (PortSEurope) March 21, 2023 – Earlier in March, a cooperation agreement was signed between the Ministry of Shipping and Insular Policy...
SCZONE receives Zhejiang delegation to discuss means of cooperation
Port Said, Egypt (PortSEurope) March 16, 2023 – The Suez Canal Economic Zone (SCZONE) has hosted a high-level delegation from Chinese Zhejiang province,...
European Investment Bank, Italy discuss investment
Rome, Italy (PortSEurope) March 15, 2023 – The European Investment Bank (EIB) and the Italian Ministry of Infrastructure and Transport (MIT) have met to...
Cepsa will build new biofuel plant in Palos de la Frontera, Huelva
Huelva, Spain (PortSEurope) March 14, 2023 – Energy company Cepsa will build a new second-generation (2G) biofuel plant in Palos de la Frontera, Huelva,...
€3.4 billion to modernise the Palermo-Catania railway line
Brussels, Belgium (PortSEurope) March 14, 2023 – As part of the InvestEU programme, a total of €3.4 billion will be available to modernise and upgrade...
Russia’s Rosmorport to delay some port projects in 2024
Moscow, Russia (PortSEurope) March 14, 2023 – Rosmorport is likely to delay a number of investment projects due in 2024 for one or two years, Andrey...
APM Terminals Poti invests in safer, better, bigger operations
APM Terminals Poti’s multi-million-dollar investment plan continues this year. The modernisation of existing infrastructure and equipment at Georgia’s...
Russia announces further investment in Port of Olya, Astrakhan
Astrakhan, Russia (PortSEurope) March 6, 2023 – Financing of 2.5 billion rubles was allocated for the design and construction of infrastructure...
CMA CGM Group to deploy €200 million to tackle decarbonisation
Marseille, France (PortSEurope) February 28, 2023 – The CMA CGM Group, Bpifrance and the Secretary of State for the Sea have announced that Bpifrance...
Yilport Holding acquires Port of Šibenik, Croatia
Šibenik, Croatia (PortSEurope) February 22, 2023 – Yilport Holding has taken over the operations at Port of Šibenik, located on the Adriatic coast of...
DP World Limassol celebrates six-year anniversary
Limassol, Cyprus, 17 February 2023: Celebrating six successful years as operator of the multi-purpose and cruise terminals, DP World Limassol remains...