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.
Efedos Sevilla plans renewable gas production plant in port
Seville, Spain (Ports Europe) January 11, 2024 –Â Efedos Sevilla SL has requested a concession in the port of Seville to build a renewable gas production...
Tanger Med Port planning a €650 million expansion
Tanger Med, Morocco (Ports Europe) January 10, 2024 – The Tanger Med Port Authority (TMPA), a state-owned company in charge of the development of the...
Adif to invest in electrification of the Zaragoza-Teruel-Sagunt line
Valencia, Spain (Ports Europe) January 8, 2024 – Spanish state-owned railway infrastructure manager Adif will invest 34.4 million euros in the...
Sicily’s Port of Favignana to receive €26 million
Palermo, Sicily, Italy (Ports Europe) January 5, 2024 – The Port of Favignana to receive €26 million towards development. This was announced by the...
Ports of Bari and Brindisi to develop agri-food sector
Bari, Italy (Ports Europe) January 4, 2024 – The Port Authority has received 6.2 million euros in funding from the National Recovery and Resilience Plan...
SCZone with investments of $1.85 billion in last six months
Suez, Egypt (Ports Europe) December 30, 2023 – The Suez Canal Economic Zone (SCZone) received $1.85 billion worth of investments between July 1 and December...
APM Tangier MedPort says phase 2 expansion is operational
Tanger Med, Morocco (Ports Europe) December 18, 2023 – APM Terminals Tangier MedPort has announced that an expansion of more than a million TEU (Phase 2)...
Contship set to develop Ravano Terminal, La Spezia
La Spezia, Italy (Ports Europe) December 15, 2023 – Contship is set to develop Ravano Terminal, La Spezia, following the signing of an agreement between...
The development of Piraeus port logistics ecosystem
Piraeus, Greece (Ports Europe) December 4, 2023 – A new logistics and maritime ecosystem is developing around the Greek Aegean Port of Piraeus, controlled by...
Turkey’s Poliport plans storage upgrade to liquid storage facility
Kocaeli, Turkey (Ports Europe) December 1, 2023 – Poliport is planning to increase its liquid cargo storage capacity with its $5.5 million renewal and...
Brindisi, Manfredonia start projects with state funding
Bari, Italy (Ports Europe) November 20, 2023 – The ports of Brindisi and Manfredonia will start projects with state funding. Both ports are managed by...
Georgian state budget includes funds for Anaklia port project
Anaklia, Georgia (Ports Europe) November 16, 2023 – Yesterday, Georgian Finance Minister Lasha Khutsishvili presented an updated draft state budget for...
Siemens Energy, DAI to develop green ammonia, East Port Said
Port Said, Egypt (PortSEurope) November 6, 2023 – Following last year’s memorandum of understanding (MoU) with Suez Canal Economic Zone (SCZONE),...
Port of Barcelona completes development of the Nova Bocana area
Barcelona, Spain (PortSEurope) November 3, 2023 – The Port of Barcelona has completed the development of the Nova Bocana area with the commissioning of...
No financing for El-Hamdania port, Algeria
Cherchell, Algeria (PortSEurope) November 2, 2023 – Cash-strapped Algeria is desperately seeking financing for its overambitious El-Hamdania project, the...
Port of Santander sees investment plan forecast of €216 million
Santander, Spain (PortSEurope) October 30, 2023 – The Port Authority of Santander has announced a public-private investment forecast of €216 million....
NGOs against the LNG terminal in Bar, Montenegro
Bar, Montenegro (PortSEurope) October 30, 2023 – 27 non-governmental organisations (NGOs) sent a letter to the President of the European Commission (EC),...
First cargo handled by Sarzha terminal in Kuryk
Kuryk, Kazakstan (PortSEurope) October 27, 2023 – The multifunctional marine terminal (MMT) Sarzha in Kazakhstan’s Caspian Sea port of Kuryk (Mangistau...
Baker Hughes to invest in Calabria ports
Gioia Tauro, Italy (PortSEurope) October 26, 2023 – The U.S. energy and technology company, Baker Hughes, will invest in Calabria, in the ports of...
Iran helps Russia by increasing Caspian cargo fleet
Tehran, Iran (PortSEurope) October 23, 2023 – Iran is again helping and working with Russia to increase Caspian Sea cargo traffic. State-owned Islamic...