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.
Egypt to develop Al-Arish port, Israel alerted
Cairo, Egypt (Ports Europe) January 18, 2023 – Last week, the Suez Canal Economic Zone (SCZone) announced plans to develop the port of Al-Arish. Al-Arish...
Port of Setúbal set for €114 million investment
Setúbal, Portugal (Ports Europe) January 17, 2023 – The Port of Setúbal is set for €114 million in investment projects. The port authority says it...
Port of Civitavecchia signs for €35 million investment
Civitavecchia, Italy (Ports Europe) January 16, 2023 – A protocol for the implementation of a €35 million project, drawing on Ministry of...
Port of Algeciras to offer dock electrification from 2025
Algeciras, Spain (Ports Europe) January 12, 2023 – The Algeciras Bay Port Authority (APBA) will accelerate the electrification process of the berths...
Italy’s Bari, Brindisi ports to invest in agri-food logistics
Bari, Italy (Ports Europe) January 11, 2023 – Italy’s Bari, Brindisi ports will invest in agri-food logistics with €8 million in funding from the...
Hapag-Lloyd promotes new Damietta port terminal
Damietta, Egypt (Ports Europe) January 11, 2023 – Last May, the joint venture Damietta Alliance Container Terminal S.A.E. was established to develop and...
Tunisian port of Rades proceeds with a development project
Radès, Tunisia (Ports Europe) February 2, 2022 – Work to improve the operations of the Tunisian port of Rades began with a meeting in December 2022 of all...
EBRD supports Montenegro’s railway infrastructure
Podgorica, Montenegro (Ports Europe) December 29, 2022 – The European Bank for Reconstruction and Development (EBRD) is...
Russia plans 2023 investment in ports of 145.4 billion rubles
Moscow, Russia (PortSEurope) December 22, 2022 – Russia plans investment of 145.4 billion rubles (€1.8 billion) in its ports in 2023. In 2022,...
Spinelli invests in new Gottwald crane in Port of Genoa
Genoa, Italy (PortSEurope) December 21, 2022 – The Spinelli group has announced the arrival of the new Konecranes Gottwald crane of sixth generation...
Southern ports to benefit from Italian government rail investment
Rome, Italy (PortSEurope) December 21, 2022 – Southern ports are to benefit from Italian government rail investment in two high-speed projects. Two...
Sestri shipyards under development in Port of Genoa
Genoa, Italy (PortSEurope) December 16, 2022 – The Sestri Ponente shipyards in the Port of Genoa are being developed into a state-of-the-art super dock....
YILPORT plans modernisation of Port of Setúbal terminal
Setúbal, Portugal (PortSEurope) December 13, 2022 – YILPORT, the international port operator of Zone 2 of the Multipurpose Terminal, says it has...
Romanian ports Brăila, Galați to receive EU funds
Constanța, Romania (PortSEurope) December 8, 2022 – The Romanian inland ports of Brăila and Galați are set to receive European Union funding for...
Suez Canal Economic Zone signs seven MoUs for hydrogen development
Port Said, Egypt (PortSEurope) December 8, 2022 – The Suez Canal Economic Zone has signed seven Memorandums of Understanding (MoU) for green hydrogen...
EU cancels €28 mln for modernization of Albania’s commercial Port of Durrës after plans to turn it into a leisure marina
Durrës, Albania (PortSEurope) December 2, 2022 – The European Union has cancelled the grant of €28 million for the modernization of Albania’s commercial...
Port Authority of València approves new container terminal
València, Spain (PortSEurope) December 2, 2022 – The Board of Directors of the Port Authority of Valencia (APV) has approved the Construction Project of...
Makhachkala, next Russian port to receive new border check point facilities
Makhachkala, Russia (PortSEurope) November 30, 2022 – The state contract on design and survey works for construction of sea border crossing point in...
Volga-Caspian Sea Canal to be deeper and with two way traffic
Moscow, Russia (PortSEurope) November 29, 2022 – Hard pressed to move its trade in the south-east direction due to western sanctions, Russia is pouring more...
Port of Azov with a new border checkpoint following Russia’s cargo shift
Azov, Russia (PortSEurope) November 28, 2022 – The Port of Azov will have a new border checkpoint following Russia’s cargo shift southeast. Forced by...