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.
Fincantieri signs for a concession to develop shipbuilding in Palermo port
Palermo, Sicily, Italy (PortSEurope) December 15, 2020 – The Trieste-based shipbuiding group Fincantieri SpA has signed an agreement with Autorita’ di...
UAE investing €2 billion in the transformation of the port of Durrës
Durrës, Albania (PortSEurope) December 15, 2020 – The local Top Channel has reported that the Albanian government and the United Arab Emirates (UAE)...
Analysis – Russia keeps pushing for development of Caspian Sea ports and Volga-Don Canal
Astrakhan, Russia (PortSEurope) December 14, 2020 – The prospects for the development of container services in the Caspian Sea and the creation of a...
PortCastelló begins the procedures for the drafting of the construction project of the intermodal station
The mixed commission approves the functional study of an infrastructure that will save logistics costs and generate wealth in its environment – December...
Piraeus Port Authority to proceed with ship repair facility development
Piraeus, Greece (PortSEurope) December 9, 2020 – Piraeus Port Authority SA (PPA) has announced the signing of the agreement to proceed with the project:...
Russia considers introducing liability for investors in port infrastructure
Moscow, Russia (PortSEurope) December 8, 2020 – The government has approved for submission to the State Duma a bill introducing liability for investors...
Minister opens new office of Zadar port authority
The Minister of the Sea, Transport and Infrastructure, Oleg Butković, opened today in Zadar the new premises of the Port Authority of Zadar as part of...
Turkey to boost railway investments, directly connecting industrial zones to port cities
Istanbul, Turkey (PortSEurope) November 28, 2020 – Infrastructure and Transport Minister, Adil Karaismailoğlu, has said that the government plans...
Gaeta port sees further development
La Spezia, Italy (PortSEurope) November 26, 2020 – Gaeta port is continuing developments as part of a relaunch as an international harbour. An area of...
Ministry of Infrastructure and Transport allocates almost €4.5 million to Interporto Padova
Venice, Italy (PortSEurope) November 25, 2020 – Interporto Padova Spa is to receive funding of €4.49 million ($5.36 million) from the Ministry of...
AdSP del Mare di Sicilia Orientale (Augusta) plans over €145 million
Catania, Italy (PortSEurope) November 24, 2020 – Following approval of its business plan for 2021, Autorita’ di Sistema Portuale del Mare di Sicilia...
Endesa will invest up to €34.5 million in Algeciras port LNG facility
Algeciras, Spain (PortSEurope) November 19, 2020 – Endesa SA, a leading Spanish electric utility company, is planning a €15.6 million investment to...
Port Authority of València will build a new jetty in the port of Sagunto
An independent engineering study nullifies any possibility of intervention on the old structure, which was heavily damaged between the DANA of December 2019...
Aggressive Balkan expansion of Thessaloniki Port starts with an intermodal dry port in Sofia
Thessaloniki, Greece (PortSEurope) November 13, 2020 – Thessaloniki Port Authority (ThPA) has started a hinterland expansion with its first intermodal...
Next stage of expansion increases capacity at HHLA Container Terminal Odessa
With investments totalling €170 million, HHLA Container Terminal Odessa (CTO) will be expanded to become one of the most efficient and state-of-the-art port...
Port of Seville will invest €40 million between 2020 and 2024
Seville, Spain (PortSEurope) November 11, 2020 – The president of Puertos del Estado, the state-owned organisation responsible for the management of...
Adsp del Mar Tirreno Centro-Settentrionale (Civitavecchia) reduces expansion costs
Civitavecchia, Italy (PortSEurope) November 11, 2020 – Following a project review, Autorita’ di Sistema Portuale del Mar Tirreno Centro-Settentrionale...
Yilport: The South Pier of Huelva port expands capacity for container storage and logistics
The YILPORT Huelva terminal completes a container storage yard extension of 50,000 m² of total area, planned to take on new operations as from today –...
Spain’s state-owned port system will invest €1,001 million in 2021
Madrid, Spain (PortSEurope) November 6, 2020 – The president of Puertos del Estado, the state-owned organisation responsible for the management of...
Government announces investment in Palermo port
Palermo, Sicily, Italy (PortSEurope) November 4, 2020 – The Ministry of Infrastructure and Transport (MIT) has announced that almost €54 million to...