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.
New Casablanca port fishing facility close to becoming operational
Casablanca, Morocco (Ports Europe) June 14, 2020 – Morocco’s Agence Nationale des Ports (ANP) has reported that the new fishing facility at Casablanca...
Greek finance ministry to review PPA shipbuilding development application
Piraeus, Greece (Ports Europe) June 14, 2020 – The Greek Council of State (CoE), the country’s highest administrative court, has annulled an...
Russia’s Caspian ports continue to increase cargo volumes in January-May 2020
Makhachkala, Russia (Ports Europe) June 11, 2020 – Cargo volumes handled by the three Russian ports in the Caspian Sea in the first five months of 2020...
Luka Koper inaugurates new Ro-Ro berth
Koper, Slovenia (Ports Europe) June 10, 2020 – Luka Koper, operator of Koper port, has held the opening ceremony for the new Ro-Ro berth, completed just...
Dachser invests in its logistics centre in Nuremberg
Dachser, the logistics provider, is investing in its location in Nuremberg, including expansion of transit terminals for industrial goods and food by over...
Government minister visits Sines port railway expansion project
Minister of Infrastructure and Housing, Pedro Nuno Santos, accompanied by the Secretary of State for Infrastructure, Jorge Delgado, and the Assistant Secretary...
Turkey’s Bodrum Harbour reopens
Bodrum, Turkey (Ports Europe) June 8, 2020 – The Mayor of Muğla Metropolitan Municipality, Osman Gürün, has visited Bodrum harbour to examine...
New Filyos port could generate huge income for Turkey
Zonguldak, Turkey (Ports Europe) June 8, 2020 – Despite the Covid-19 coruna virus pandemic, the construction project at the port of Filyos continues and...
Cosco Shipping Ports Spain to invest €62 million in Valencia port
Valencia, Spain (Ports Europe) June 2, 2020 – Cosco Shipping Ports Spain (CSP Spain) has announced that it will invest over €62 million ($69.30...
Turkey’s Ünye Port Project prepares tender
Istanbul, Turkey (Ports Europe) June 2, 2020 – Mayor of Ordu Metropolitan Municipality, Mehmet Hilmi Güler, has said via Twitter that the tender...
Analysis – Russia’s port of Taman expansion progresses
Taman, Russia (Ports Europe) June 1, 2020 – Joint-stock company Lenmorniiproekt will allocate 65 million rubles (€840,000) for the design and budget...
Samsun port-Kalin rail line upgrades Turkey’s Black Sea to Mediterranean
Samsun, Turkey (Ports Europe) May 28, 2020 – Minister of Transport and Infrastructure, Adil Karaismailoğlu, has announced the completion of construction...
Yilport continues Taranto port development during Covid-19 crisis
Yilport Holding continues to deliver San Cataldo Container Terminal (SCCT) in Taranto, the new gateway of Southern Italy, during the Covid-19 lockdown –...
Port Authority of Málaga approves programme for economic recovery
Málaga, Spain (Ports Europe) May 28, 2020 – Autoridad Portuaria de Málaga (APM – Port Authority of Málaga) has sanctioned two projects to aid...
Timetable set for new Alessandria railway station to serve Genoa port
Genoa, Italy (Ports Europe) May 25, 2020 – At the first meeting of the steering committee for the development of the new Alessandria railway station,...
Bulgaria’s Port Burgas enlarges quay walls, adds new docking spaces
(Adds details to “BMF Port Burgas receives several bids for tenders” article from May 1, 2020) Burgas, Bulgaria (Ports Europe) May 25, 2020 –...
Analysis – China lends money to forward interest in Belgrade-Budapest railway, a key New Silk Road link
Budapest, Hungary (Ports Europe) May 25, 2020 – In 2013, Hungary, Serbia and China signed a Memorandum of Understanding (MoU) to build a railway that...
Anaklia Development Corporation promotes benefits of its deepsea project for Georgia
Anaklia, Georgia (Ports Europe) May 14, 2020 – The Anaklia Development Corporation (ADC) has published the below announcement. ADC is currently in...
Valenciaport pays around €10 million to support port against virus impact
Valencia, Spain (Ports Europe) May 14, 2020 – Autoridad Portuaria de Valencia (APV – Valenciaport, Port Authority of Valencia) has reported that it...
Italian Sea Group secures financing for multi-year investment
Marina di Carrara, Italy (Ports Europe) May 14, 2020 – Italian Sea Group, which operates in the luxury yachting sector, has signed an agreement with...