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.
Spain’s TMS to invest €9.6 million in Alicante port by 2020
Alicante, Spain (Ports Europe) May 2, 2019 – Spanish company Terminales MarÃtimas del Sureste (TMS), the main concessionaire of Alicante port, generating...
Madeira regional government plans to invest €989,000 in Porto Santo
Funchal, Madeira, Portugal (Ports Europe) April 29, 2019 – The Madeira regional government plans to invest €989,000 ($1.1 million) in the rehabilitation of...
Serbia and China sign contracts for construction of Preljina-Pozega highway, Novi Sad-Subotica section
Beijing, China (Ports Europe) April 28, 2019 – The Serbian Ministry of Construction, Transport and Infrastructure has announced that contracts were...
Cádiz port to invest €712,300 in overhaul of fishing port
Cádiz, Spain (Ports Europe) April 22, 2019 – Cádiz port plans to invest €712,300 ($800,755) in developing the fishing facilities of the port to implement...
DP World to invest €30 million in Novi Sad inland port
Belgrade, Serbia (Ports Europe) April 21, 2019 – DP World, the new owner of the port of Novi Sad, plans to invest €30 million ($33.74 million) in the...
Genoa port not threatened by Chinese investment
Genoa, Italy (Ports Europe) April 17, 2019 – Genoa and Savona ports are not threatened by a potentially dominant position of China in the Italian ports...
Portugal to invest €6.1 billion in its ports by 2023
Lisbon, Portugal (Ports Europe) April 17, 2019 – Portugal’s government has presented a Stability Program that foresees investments of more than €8.6...
Georgia’s government ready to meet Anaklia port investors
Anaklia, Georgia (Ports Europe) April 16, 2019 – Georgia’s Minister of Regional Development and Infrastructure, Maia Tskitishvili, has said that...
COSCO hotel proposal for Piraeus port hotels approved
Piraeus, Greece (Ports Europe) April 16, 2019 – The Greek Culture Ministry’s Central Council for Modern Monuments has approved a proposal submitted by...
USPA seeks private investment in Skadovsk port
Odessa, Ukraine (Ports Europe) April 15, 2019 – The Ukrainian Sea Ports Authority (USPA), Ministry of Infrastructure and the State Property Fund of...
Sète port to invest €6 million in rail platform overhaul
Sète, France (Ports Europe) April 15, 2019 – Sète port plans investments worth €6 million ($6.8 million) to expand its railway platform, managing...
Galataport Istanbul will host cruise ships in March 2020
Istanbul, Turkey (Ports Europe) April 13, 2019 – Galataport Istanbul Cruise Port plans to start receiving cruise ships in March 2020. The company...
Vopak Terquimsa completes second phase of Tarragona port terminal development
Tarragona, Spain (Ports Europe) April 11, 2019 – Vopak Terquimsa has said it completed the second phase of expansion of its facilities at the Chemistry Wharf...
Royal Caribbean, MSC Cruises, Costa Cruises to build €41 million cruise terminal in La Spezia
La Spezia, Italy (Ports Europe) April 9, 2019 – Royal Caribbean, MSC Cruises and Costa Cruises plan to invest a total of €41 million ($46.2 million)...
Valenciaport welcomes Ports 4.0 Fund
Valencia, Spain (Ports Europe) April 8, 2019 – Valenciaport has welcomed the presentation of the Ports 4.0 Fund, a new inter-port compensation fund aimed...
Gibraltar announces major development inside port basin
Press Release – Major In-Harbour Reclamation at Coaling Island: Victoria Keys Commercial Terms Agreed – Government of Gibraltar – April 8,...
Greece’s Central Archaeological Council halts COSCO’s Piraeus port investment plan
Piraeus, Greece (Ports Europe) April 8, 2019 – Greece’s Central Archaeological Council (KAS) declared two-fifths of the municipality of Piraeus as an...
Naples port: Status of the Molo Beverello redevelopment project
Naples, Italy (Ports Europe) April 7, 2019 – Autorita’ di Sistema Portuale del Mar Tirreno Centro-Settentrionale (AdSP – Centre-North Tyrrhenian...
European Commission allocates €6 million to Genoa port e-bridge project
Genoa, Italy (Ports Europe) April 2, 2019 – As part of the European Commission CEF Transport 2018 call, €6 million has been allocated for the...
Valencia port and City Council of Sagunto sign agreement for rehabilitation of dock
Valencia, Spain (Ports Europe) April 2, 2019 – The president of Autoridad Portuaria de Valencia (APV – Valenciaport, Port Authority of Valencia),...