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 of Motril presents achievements and plans for next year
Motril, Spain (PortSEurope) December 23, 2020 – The Port of Motril has held the traditional meeting with the press to congratulate them on Christmas and...
Cádiz Port Authority to tender second phase of the new container terminal in mid-2021.
Cádiz, Spain (PortSEurope) December 23, 2020 – The Bay of Cádiz Port Authority is planning to tender the second phase of the New Container Terminal in...
Puertos del Estado announces management appointments
Puertos del Estado has announced the appointments of Pilar Parra Serrano and Mar Chao López as the new Corporate and Operations Directors, respectively...
Work on deepening the seabed at the Brajdica container terminal starts
Rijeka, Croatia (PortSEurope) December 21, 2020 – Dredging works costing €97.7 million have started to deepen the seabed of the Brajdica container...
Valenciaport bets in its 2020-2024 Business Plan for the railway, the environment and accessibility
The Plan of the Port Authority of Valencia (APV), agreed with Puertos del Estado, represents an investment of more than €552 million in new projects to which...
Constanta port ambitious €500 million expansion project
Constanta, Romania (PortSEurope) December 20, 2020 – Romania’s largest Black Sea port of Constanta will start a 500-million-euro enlargement project –...
A new grain terminal to be built in Varna, Bulgaria
Varna, Bulgaria (PortSEurope) December 16, 2020 – Agria Group Holding, a Bulgarian grain producer and trader, is preparing to build a €30 million...
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...