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.

ACCESS2NAPA project approved for EU financing

Ravenna, Italy (Ports Europe) July 28, 2021 – The “ACCESS2NAPA” Project, proposed last March to the European Commission by AdSP del Mare Adriatico...

Port of Algeciras seeks investment to resume previous cargo traffic levels in 2022

Algeciras, Spain (Ports Europe) July 23, 2021 – State-owned Puertos del Estado and Autoridad Portuaria de la Bahía de Algeciras (APBA – Port...

U.S. State Department publishes Investment Climate Statement on Georgia

Washington, USA (Ports Europe) July 23, 2021 – The U.S. State Department has published its “2021 Investment Climate Statements: Georgia”...

Port Authority of A Coruña details Green Port project

The Board of Directors of the Port Authority of A Coruña held an ordinary session this morning in which the chairman, Martín Fernández Prado, reported on...

Port of Almería continues with container terminal development

Almería, Spain (Ports Europe) July 20, 2021 – Construcciones Nila is progressing with urbanization works of the Container Terminal and the Esplanade 2...

Yilport adds crane capacity to Huelva port facility

Huelva, Spain (Ports Europe) July 16, 2021 – Three STS (Ship-to-Shore Super Post Panamax) cranes are to be added to the Muelle Sur container terminal,...

Port of Bilbao: Good prospects despite Covid

Although the shadow of Covid is still looming over us, 2021 is looking like it is going to be a good year regarding the number and size of announced...

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...

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