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.

Cartagena port to invest €2.6 million in accessibility improvements

Cartagena, Spain (PortSEurope) October 21, 2018 – Autoridad Portuaria de Cartagena (APC – Port Authority of Cartagena) is to send €2.6 million...

Italy should invest in port infrastructure, MSC Cruises executive chairman says

Trieste, Italy (PortSEurope) October 19, 2018 – Italy’s cruise industry has very interesting growth prospects, but the country has to invest...

APM Terminals prepares for further traffic growth at Gijón port

Gijón, Spain (PortSEurope) October 18, 2018 – Gijón port has recorded a 20% growth rate in the last two years and is preparing to continue increasing the...

WestMED: European Commission makes €1.4 million available for local support

Algiers, Algeria (PortSEurope) October 14, 2018 WestMED: European Commission makes €1.4 million available for local support Meeting on 3 October in Algiers,...

Castellón port’s occupation ratio expands as solid bulk traffic rises

Castellón, Spain (PortSEurope) October 12, 2018 – The increase in cargo traffic is tripling the investment of the private sector in Castellón port’s...

Azores region to invest €32 million in Ponta Delgada port

Ponta Delgada, Azores, Portugal (Ports Europe) October 11, 2018 – The Azores regional government plans to invest €32 million ($37 million) in the overhaul...

EC qualifies Spain’s Baleària LNG project as “excellent”

Valencia, Spain (Ports Europe) October 11, 2018 – The European Union has described as “excellent” the project that Spanish ferry company...

Spanish ports present their offer at the Barcelona International Boat Show

Madrid, Spain (Ports Europe) October 10, 2018 – A Spanish delegation, led by Puertos del Estado, is present at the Barcelona International Boat Show...

Portos dos Açores to invest €145 million until 2020

Ponta Delgada, Azores, Portugal (Ports Europe) October 8, 2018 – Portos dos Açores SA, the operator of ports on Portugal’s Azores Islands, plans to...

Contship Italia starts dock overhaul project at Gioia Tauro port

Gioia Tauro, Italy (Ports Europe) October 4, 2018 – Contship Italia has started work on the redevelopment of Medcenter Container Terminal (MCT), its Gioia...

EC approves LNGHIVE2 project of Baleària

Gijón, Spain (Ports Europe) October 4, 2018 – The European Commission approved with an “excellent” rating the project “LNGHIVE2 Vessels...

Trieste port set to compete with Piraeus

Piraeus, Greece (Ports Europe) October 4, 2018 – Trieste port is actively seeking Chinese investment in a move which could challenge Piraeus port, now...

Andalusia regional government to invest €8.5 million in overhaul of Carboneras port

Almería, Spain (Ports Europe) October 3, 2018 – Andalusia regional government plans to invest €8.5 million ($9.5 million) in the overhaul of Carboneras...

EU to invest €5.2 million in three LNG projects at Huelva port

Huelva, Spain (Ports Europe) October 3, 2018 – The Innovation and Networks Executive Agency (INEA) of the European Commission has approved three projects at...

BlueHUBS in the Mediterranean to receive €19.789 million in EU CEF funding for TEN-T ports

Piraeus, Greece (Ports Europe) October 3, 2018 – The European Commission has proposed to invest €695.1 million ($804.7 million) in 49 key projects to...

EU to invest €2.788 million in Rijeka port

Rijeka, Croatia (Ports Europe) October 3, 2018 – The European Commission has proposed to invest €695.1 million ($804.7 million) in 49 key projects to...

Leixões port to receive EU funding of €17.41 million

Leixões, Portugal (Ports Europe) October 3, 2018 – The European Commission has proposed to invest €695.1 million ($804.7 million) in 49 key projects...

Cosco plan for Piraeus port faces challenge from local businesses

Piraeus, Greece (Ports Europe) September 29, 2018 – Agreement for the plans presented by Cosco Shipping Ports for Piraeus port have yet to be agreed with...

EU to invest €6.54 million in TriesteRailPort

Trieste, Italy (Ports Europe) October 3, 2018 – The European Commission has proposed to invest €695.1 million ($804.7 million) in 49 key projects to...

Local press reports Volkswagen considering new Morocco plant

Tangier, Morocco (Ports Europe) September 28, 2018 – There are unconfirmed reports locally that German automotive manufacturer Volkswagen AG will soon...

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