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.

Marsa Morocco injects MAD 13 million in its subsidiary SMA

Agadir, Morocco (Ports Europe) August 3, 2017 – Less than a year after its creation, Société de Manutention d’Agadir (SMA) has raised its capital...

EC to finance LNG project of Gas Natural-Fenosa

Barcelona, Spain (Ports Europe) August 1, 2017 – The European Commission (EC) will finance the Eco-Gate project, a plan for the development of compressed...

Valencia port approves €53.6 million funding to Adif

Valencia, Spain (Ports Europe) August 1, 2017 – Spanish state-run railway operator Administrador de Infraestructuras Ferroviarias (Adif) has already...

Ukraine to begin work on transport corridor linking Black Sea, Baltic ports

Odessa, Ukraine (Ports Europe) July 31, 2017 – Ukraine plans to begin the implementation of the project of the international transport corridor Go Highway,...

Italian Court of Audit provides €39 million funding to La Spezia port 

La Spezia, Italy (Ports Europe) August 1, 2017 – Italian Court of Audit has unblocked €39 million ($46.1 million) in financing for the construction of...

Barcelona and Valencia join forces over Mediterranean Corridor

Barcelona, Spain (Ports Europe) August 1, 2017 – The Mayor of Barcelona, Ada Colau, and the Mayor of Valencia, Joan Ribó, met last month to sign a joint...

Seville port to get €14 million funding for rail access construction

Seville, Spain (Ports Europe) July 31, 2017 – Spanish interport compensation fund’s board of directors has unanimously approved a loan of €14...

Spanish interport fund to pay €37.55 million to 28 port authorities

Barcelona, Spain (Ports Europe) July 31, 2017 – Spanish interport compensation fund (Fondo de Compensación Interportuaria) will provide a funding worth...

China investment in Mediterranean ports

Milan, Italy (Ports Europe) July 28, 2017 – The Italian financial daily newspaper Il Sole 24 Ore has published an article looking at Chinese state...

Portugal introduces radar module of Costa Segura system

Lisbon, Portugal (Ports Europe) July 26, 2017 – The Minister of National Defense, José Azeredo Lopes and the Minister of the Sea, Ana Paula Vitorino,...

Egypt aims to attract $30 bln in investment in Suez Canal Zone in five years

Port Said, Egypt (Ports Europe) July 26, 2017 – Minister of Investment Sahar Nasr has said that cooperation is ongoing between the ministry and the...

Port of Barcelona tenders for the improvement of Álvarez de la Campa wharf

Barcelona, Spain (Ports Europe) July 24, 2017 – The Port of Barcelona has started the tender for the improvement of draft of the Álvarez de la Campa...

Chinese navy visits Piraeus port

Piraeus, Greece (Ports Europe) July 2, 2017 – A Chinese naval fleet has arrived on Sunday at Piraeus port for a four-day friendly visit to Greece. Three...

Investors of maritime projects discuss potential of Kazakhstan’s ports

Baku, Azerbaijan (Ports Europe) July 24, 2017 – On July 20, a forum took place in Aktau to discuss increasing cargo in Azeri ports. An international...

Cartagena port to invest €1.3 million in road construction

Cartagena, Spain (Ports Europe) July 20, 2017 – Cartagena port authority (Autoridad Portuaria de Cartagena) plans to invest €1.3 million ($1.5 million)...

Barcelona port to commission brand valuation study

Barcelona, Spain (Ports Europe) July 20, 2017 – The port of Barcelona plans to commission a new brand valuation study. The project will be carried out...

USPA completes revision of port charges calculation method

Odessa, Ukraine (Ports Europe) July 20, 2017 – Ukrainian Sea Ports Authority (USPA), in cooperation with the state enterprise “UKRNIIMF”...

Castellón port already applies reduced fees

Castellón, Spain (Ports Europe) July 19, 2017 – Castellón port authority (Autoridad Portuaria de Castellón) has started applying the fees that came into...

Barcelona port calls on community to adhere to Sectorial Sustainability Plan

Barcelona, Spain (Ports Europe) July 19, 2017 – Barcelona port has called on the port community to adhere to the Sectorial Sustainability Plan. This...

Asturiana de Zinc to start building warehouse in Gijón port by end-2017

Gijón, Spain (Ports Europe) July 19, 2017 –Before the end of the year Spanish miner Asturiana de Zinc S.A. plans to start construction of its second...

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