Port News & Information Mediterranean, Black & Caspian Seas

Mergers/Acquisition/Privatisation

Mergers/Acquisition/Privatisation describes the consolidation of companies or assets through various types of financial transactions, including mergers, acquisitions, state privatisation, consolidations, tender offers, purchase of assets, and management acquisitions. Also includes port privatisation and port concessions which include equity holdings.

Cosco representatives visit Valencia port

Valencia, Spain (Ports Europe) July 31, 2017 – Representatives of Cosco Shipping Ports visited Valencia port and the facilities of Noatum Container Terminal...

Seville Port Authority to approve sale of Aquagestión Sur

Seville, Spain (Ports Europe) July 24, 2017 – Autoridad Portuaria de Sevilla (Port Authority of Seville) will propose to its Board of Directors to...

ADM expands business in Ashdod

Ashdod, Israel (Ports Europe) July 20 , 2017 – Archer Daniels Midland company has announced that it has completed its acquisition of a controlling...

Greece will not privatise the smaller ports

Alexandroupolis, Greece (PortSEurope) July 13, 2017 – The Greek privatisation, Hellenic Republic Asset Development Fund (HRADF/TAIPED), has said that 10...

GPF Capital invests in Grupo Vicarli

Bilbao, Spain (PortSEurope) July 10, 2017 – GPF Capital, an independent private equity vehicle created with the aim of investing in small and medium-sized...

Croatian government to sell 11.75% stake in Luka Rijeka

Rijeka, Croatia (PortSEurope) July 10, 2017 – Croatia’s government plans to sell part of its 37% stake in Luka Rijeka d.d., the operator of the...

Yildirim to sell 24% stake in CMA CGM

Marseille, France (PortSEurope) July 6, 2017 –  CMA CGM has confirmed it is in talks with the Yildirim Group over the sale of the Turkish...

KMG in talks to buy Black Sea LPG terminal

Midia, Romania (PortSEurope) July 3, 2017 – KMG International, formerly Rompetrol, is negotiating to take over the local firm Octogon Gas &...

Petrogress looks at investment in Cypriot shipyard

Limassol, Cyprus (PortSEurope) July 3, 2017 – Petrogress, Inc. has announced today a Memorandum of Understanding with F & T Investments, Ltd. to open...

Foundation forecasts state benefits of Thessaloniki port privatisation

Thessaloniki, Greece (PortSEurope) June 25, 2017 – A report by the Foundation for Economic & Industrial Research (IOBE) says that the privatisation...

Fincantieri acquires stake in Isselnord

La Spezia, Italy (PortSEurope) June 25, 2017 – Via subsidiary Delfi, Fincantieri has signed an agreement for the acquisition of a stake in Isselnord...

Spain’s Noatum Ports to invest €9 million in Málaga port

Málaga, Spain (PortSEurope) June 23, 2017 – Noatum Ports plans to invest €9 million ($10.1 million) in the reconstruction of its terminal in Málaga,...

Three companies to tender for Larnaca port

Larnaca, Cyprus (PortSEurope) June 25, 2017 – The Cypriot Ministry of Transport has shortlisted three companies for the contract to develop Larnaca port...

Deutsche Invest, Belterra Investments,Terminal Link nominated preferred investor for Τhessaloniki Port Authority

Thessaloniki, Greece (PortSEurope) June 21, 2017 – On June 19, 2017, the Board of Directors of Hellenic Republic Asset Development Fund (HRADF)...

Uniport considers Cosco’s acquisition in Bilbao positive

Bilbao, Spain (PortSEurope) June 20, 2017 – Members of business association Uniport, an entity that has been working on the promotion of the port-logistics...

Noatum Port’s purchase by Cosco to reshape Spanish ports industry

Valencia, Spain (PortSEurope) June 14, 2017 – The acquisition of a 51% stake in the capital of Noatum Ports Holdings for €203.49 million ($228.35 million)...

Yildirim takes control of Leixoes container terminal operator

Leixões, Portugal (PortSEurope) June 14, 2017 – Turkish group Yildirim now owns 100% of the capital of  Container Terminal (TCL), after the purchase of the...

Spain’s Noatum expects Cosco deal to boost container traffic

Valencia, Spain (PortSEurope) June 13, 2017 – Spain’s Noatum Port Holdings S.L.U. expects the strategic partnership agreement signed with Cosco...

Cosco’s acquisition of Noatum is encouraging for Valencia’s economic growth 

Valencia, Spain (PortSEurope) June 13, 2017 – The arrival of a Chinese state-owned company to Valencia port, after the acquisition of Noatum Ports...

Cosco includes Valencia’s traffic in China’s Silk Road

Valencia, Spain (PortSEurope) June 13, 2017 – The nearly 300 vessels of the world’s fourth largest shipping company each year move 1.6 million...

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