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.

AdSP Genoa approves 2019 forecast budget and the program of works for the next three years

Genoa, Italy (PortSEurope) December 8, 2018 – Autorita’ di Sistema Portuale del Mar Ligure Occidentale (AdSP – Western Ligurian Sea Port...

Luka Rijeka to invest €10.3 million in 2019

Rijeka, Croatia (PortSEurope) January 7, 2018 – Luka Rijeka d.d. plans to invest HRK 76.278 million ($11.7 million/€10.3 million) next year to...

Italy to invest €922 million in Genoa, Savona ports by 2021

Genoa, Italy (PortSEurope) December 6, 2018 – Italy’s government plans to invest €922 million ($1 billion) in the development of Genoa and Savona...

Studies set to expand Kavala port rail connections

Kavala, Greece (PortSEurope) December 5, 2018 – The commercial port of Kavala was visited by a workshop of the contractor of the project “Phase C...

Cartagena port authority to invest €16 million

Cartagena, Spain (PortSEurope) December 5, 2018 – Autoridad Portuaria de Cartagena (APC – Port Authority of Cartagena) has approved a tender for a...

Fincantieri announces major investments at Port Marghera

Venice, Italy (PortSEurope) December 3, 2018 – According to an announcement by Fincantieri SpA managing director Giuseppe Bono during the presentation of...

Marín port to invest €1.2 million in signal tower reconstruction in 2019

Marín, Spain (PortSEurope) December 3, 2018 – Marín port plans to invest €1.19 million ($1.35 million) to reinforce the signal towers of...

Agreement set to start Piombino port developments

Piombino, Italy (PortSEurope) December 3, 2018 – Expanding the port of Piombino with the support of new settlements capable of creating work and...

Support of Spanish ports to Valenciaport projects

Valencia, Spain (PortSEurope) December 1, 2018 – In the framework of the annual meeting of El Fondo de Compensación Interportuario (Interport...

USPA continues development planning for Mykolaiv sea port

Mykolaiv, Ukraine (PortSEurope) November 30, 2018 – Ukrainian Sea Ports Authority (USPA) is continuing with plans to develop Mykolaiv sea port...

Spain’s Interportuario Compensation Fund will distribute €52.5 million among 28 port authorities in 2019

Madrid, Spain (PortSEurope) November 27, 2018 – The distribution committee of the Interportuarial Compensation Fund (Fondo de Compensación...

Maritime regions to be involved in EU Platform on maritime investment

The European commission has published a call for tender for the development of a European platform on maritime investments. This call specifically...

Ravenna port to invest in improved road transport networks

Ravenna, Italy (PortSEurope) November 27, 2018 – A proposal of councilor for public works, Roberto Fagnani, for measures to improve road traffic at the...

Suez Canal to invest €9.8 million in West Port Said berths upgrade

Suez, Egypt (PortSEurope) November 26, 2018 – Egypt’s Suez Canal Economic Zone has allocated EGP 200 million ($11.2 million/€9.8...

MEPs want to ensure sufficient funding for Connecting Europe’s future

Press Release – European Parliament – November 22, 2018 Total budget of €43.85 billion should be reserved for the Connecting Europe Facility...

Trieste port happy with Hungary’s interest in investment

Trieste, Italy (PortSEurope) November 22, 2018 – Trieste port is satisfied with the investment interest expressed by the Hungarian government, but still has...

Suez Canal to facilitate investments in Africa

Suez, Egypt (PortSEurope) November 21, 2018 – Suez Canal Authority aims to focus its efforts into facilitating investments in Africa, the president...

Egypt’s Sesco Trans to build multiputpose terminal at East Port Said

Suez, Egypt (PortSEurope) November 21, 2018 – Egyptian company Sesco Trans plans to invest EGP 1.5 billion ($84 million/€74 million) in the construction of...

High-level meeting continues to bring Georgia and the European Union closer together

Brussels, Belgium (PortSEurope) November 21, 2018 – European Commissioners, headed by President Jean-Claude Juncker, along with members of the...

Government looks to double line Genoa-Ventimiglia railway

Genoa, Italy (PortSEurope) November 21, 2018 – The Italian Deputy Minister of Infrastructures and Transport Edoardo Rixi has said that the government...

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