Port News & Information Mediterranean, Black & Caspian Seas

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.

Port Authority of Almería plans investments of €80 million

Almería, Spain (PortSEurope) July 22, 2022 – The Port Authority of Almería (APA) plans investments of €80 million according to the 2022-2027...

Enagás proceeds with El Musel LNG regasification plant in port of Gijón

Gijón, Spain (PortSEurope) July 12, 2022 – Enagás has obtained the Administrative Authorization for the El Musel LNG regasification plant, a key step...

MSC subsidiary Til announces €700 million investment in Le Havre

Paris, France (PortSEurope) July 11, 2022 – Terminal Investment Limited (Til) has announced a €700 million investment in its terminals in the Port of...

PSA concludes first stage of Phase III of Sines Container Terminal expansion

Sines, Portugal (PortSEurope) July 6, 2022 – On July 1, PSA Sines held a ceremony to mark the conclusion of the first stage of Phase III of the Sines...

European Commission and Cassa Depositi e Prestiti sign agreement to support Italian infrastructure projects – InvestEU

Brussels, Belgium (PortSEurope) July 6, 2022 – Yesterday, the European Commission and Cassa Depositi e Prestiti (CDP) signed a €6.7 million agreement...

Friuli Venezia Giulia approves dredging of Port of Monfalcone

Trieste, Italy (PortSEurope) July 4, 2022 – The regional council of Friuli Venezia Giulia has approved an agreement for the dredging of the seabed at the...

Comvex seeks funds for equipment investment in Port of Constanța

ConstanÈ›a, Romania (PortSEurope) June 28, 2022 – Comvex SA is looking for funds to invest in port equipment to handle grain delivered from Ukraine, but...

Port of Augusta to start work on new container terminal

Augusta, Sicily, Italy (PortSEurope) June 27, 2022 – Work is set to start on the construction of a new container quay terminal with an investment of...

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...

Port of Cartagena’s Escombreras dock to be connected to the railway network

Cartagena, Spain (Ports Europe) June 23, 2022 – The Port Authority of Cartagena (APC), state agency Adif and Puertos del Estado have signed the agreement...

Port of Huelva plans to invest €240 million between 2022 and 2026

Huelva, Spain (Ports Europe) June 23, 2022 – The Port of Huelva plans to invest of €240 million ($253.5 million) in the period 2022-2026, according to...

Zaragoza Maritime Terminal to double rail capacity

Barcelona, Spain (Ports Europe) June 22, 2022 – The Zaragoza Maritime Terminal (tmZ) has received the go-ahead for a new expansion of the terminal that...

Port of Reggio Calabria looks to attract mega yachts and cruise ship business

Reggio Calabria, Italy (Ports Europe) June 22, 2022 – The Port of Reggio Calabria is looking to develop infrastructure to attract mega yachts and cruise...

Port of Taranto returns improved April cargo figure

Taranto, Italy (Ports Europe) June 21, 2022 – The Port of Taranto returned to positive cargo numbers in April 2022, after a negative first quarter. April...

Port of Livorno Raccordo rail project to go ahead

Livorno, Italy (Ports Europe) June 15, 2022 – The Port of Livorno Raccordo rail project is to go ahead. Top priority will go to the first phase of the...

Russia looks to Caspian Sea as an alternative for cruise ship tourism

Moscow, Russia (Ports Europe) May 29, 2022 – Rostourism is looking at the possibility of launching international cruises on the Caspian Sea after the...

African Development Bank approves finance for the Nador West Med port in Morocco

Nador, Morocco (Ports Europe) May 27, 2022 – The African Development Bank(AfDB) approved a further €57 million investment to finance the ongoing...

Italy: with the BTP Green funded investments in transport, water infrastructures and Mose for €8.4 billion

Finance becomes increasingly involved in sustainable mobility and the construction of related infrastructures – Ministry of Infrastructure and Transport...

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...

Port of Messina set for redevelopment

Messina, Italy (Ports Europe) May 20, 2022 – A memorandum of understanding has been signed between the Region Calabria, Rete Ferroviaria Italiana (FS...

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