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.

Croatia: Continuation of measures to assist the transport sector worth HRK 60 million

As part of the continuation of aid measures aimed at mitigating the consequences of the coronavirus pandemic, the Ministry of the Sea, Transport and...

Government council comments on proposed second track of the Divača-Koper railway line

The President of the Project Council for Civil Oversight of the Construction of the Second Track of the Divača – Koper Railway Line (PSCN), Jadran...

Minister Karaismailoğlu spoke at the closing session of the 12th Transport and Communications Council

Karaismailoğlu said, “With our vision in line with our Transportation and Logistics Master Plan and Strategic Plan, we will continue on our way by taking...

Turkey’s Albayrak Holding and Yildirim exploring business opportunities in Libya

Tripoli, Libya (Ports Europe) July 9, 2021 – Turkey’s Albayrak Holding and Yildirim have both been in Libya exploring future investment opportunities....

Georgia plans transport infrastructure investment including for Black Sea ports

Tbilisi, Georgia (Ports Europe) July 8, 2021 – Earlier this week, Minister of Economy and Sustainable Development Natia Turnava presented the vision of...

Minister presents the vision of long-term development of the Georgian economy – “Economy 2030”

Minister of Economy and Sustainable Development Natia Turnava presents the vision of long-term development of the Georgian economy – “Economy...

Navantia will invest €30 million in the Cádiz shipyard

Cádiz, Spain (Ports Europe) July 6, 2021 – The Spanish shipbuilding group Navantia will invest €30 million ($35.6 million) to modernize the open-unit...

Greece sees growing interest in logistics, transport facilities

Greece’s role as a transportation gateway has drawn growing interest from investors across Europe, attracted by the country’s geostrategic location, its...

MCC’s board approves nearly $500 million for Tunisia Compact

The Millennium Challenge Corporation’s (MCC) Board of Directors met on June 30 and voted unanimously to approve a $498.7 million compact with the Government...

PLC Caspiy to build Caspian Sea container terminal

Olya, Russia (Ports Europe) June 30, 2021 – A project to build a container terminal at Olya port on the Caspian Sea has received official approval. The...

Spain’s Ports 4.0 Fund is extended for four years

The Distribution Committee of the Interport Compensation Fund has approved to extend for four more years the contribution of 1% of the result of the exercise...

The conditioning works of the ZAL of the Port of València will begin in July

València, June 29, 2021 – The works for the conditioning of the ZAL of the Port of València will begin next July and will last 10 months. The...

Valenciaport to invest €240 million in railway improvements in València and Sagunto

València, June 29th, 2021 – The Port Authority of Valencia (PAV) has its eyes set on the railway. The port managers are thinking in train mode. It is...

Minister Reyes Maroto inaugurates the works of the PortTarragona Terminal Guadalajara – Marchamalo

Puerta Centro – Ciudad del Transporte has been the scene of the official inauguration of the works of the PortTarragona Terminal Guadalajara –...

EBRD details investment in Giurgiuleşti International Free Port, Moldova

Chișinău, Romania (Ports Europe) June 29, 2021 – The European Bank for Reconstruction and Development (EBRD) has published a...

Analysis – Russia’s new port in Ust-Luga attracts new cargo at the expense of Baltic ports

Ust-Luga, Russia (Ports Europe) June 29, 2021 – Russia’s currently under construction Baltic Sea port of Ust-Luga, which when completed will claim to be...

Last Vamp Up meeting takes place in Port of Genoa

The final event of the Vamp Up project was held in Vado Ligure on 21 June, supported by the European Commission as part of the Connecting Europe Facility...

Italy proposes 44 works for over €13 billion

Minister Giovannini: “With this second list that we submit to the attention of Parliament, we remain committed to starting as soon as possible the...

Nine commercial projects will receive €4 million Ports grants the Fund 4.0 – Spain

The Distribution Committee of the Compensation Fund has met electronically and unanimously approved the provisional resolution of subsidies for 9...

Nador West Med scheduled for completion in 2022

Nador, Morocco (Ports Europe) June 15, 2021 – The construction of the Nador West Med port complex is now 55% complete and is scheduled for completion in...

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