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.
New terminals and berths in Novorossiysk port
Novorossiysk, Russia (PortSEurope) February 17, 2023 – Novaya Pristan company (part of OZK Group) is preparing the project for new berths in Russia’s Black...
Malta government proposes to amend Freeport concession agreement
Marsaxlokk, Malta (Ports Europe) February 17, 2023 – The government has presented a resolution to amend the Malta Freeport concession agreement. Malta...
Port of Barcelona invests €5 million in PORTIC’s new technology platform
PORTIC, the Port Community of Barcelona’s port community system (PCS), has unveiled a new technological platform that incorporates significant...
The Economist: Investments in ports foretell the future of global commerce
Singapore (Ports Europe) February 14, 2023 – The Economist describes the new Tuas Mega Port and the future of the ports in the world is an article about...
Navantia to invest €43 million in the Puerto Real (Cádiz) shipyard
Cádiz, Spain (Ports Europe) January 24, 2023 – Spanish shipbuilder Navantia will invest €43 million in the Puerto Real (Cádiz) shipyard. It will...
HHLA sees great potential for further growth in the Adriatic region
In 2020, Hamburger Hafen und Logistik AG (HHLA) signed a contract to take over a majority stake of 50.01 percent in the multi-purpose terminal “Piattaforma...
Sanctions force Russia to develop Tuapse port
Tuapse, Russia (Ports Europe) January 20, 2023 – The extension of the south-east breakwater in Russia’s Black Sea port of Tuapse was approved by...
Port of Setúbal set for €114 million investment
Setúbal, Portugal (Ports Europe) January 17, 2023 – The Port of Setúbal is set for €114 million in investment projects. The port authority says it...
Port of Civitavecchia signs for €35 million investment
Civitavecchia, Italy (Ports Europe) January 16, 2023 – A protocol for the implementation of a €35 million project, drawing on Ministry of...
Port of Algeciras to offer dock electrification from 2025
Algeciras, Spain (Ports Europe) January 12, 2023 – The Algeciras Bay Port Authority (APBA) will accelerate the electrification process of the berths...
Italy’s Bari, Brindisi ports to invest in agri-food logistics
Bari, Italy (Ports Europe) January 11, 2023 – Italy’s Bari, Brindisi ports will invest in agri-food logistics with €8 million in funding from the...
Hapag-Lloyd promotes new Damietta port terminal
Damietta, Egypt (Ports Europe) January 11, 2023 – Last May, the joint venture Damietta Alliance Container Terminal S.A.E. was established to develop and...
Tunisian port of Rades proceeds with a development project
Radès, Tunisia (Ports Europe) February 2, 2022 – Work to improve the operations of the Tunisian port of Rades began with a meeting in December 2022 of all...
EBRD supports Montenegro’s railway infrastructure
Podgorica, Montenegro (Ports Europe) December 29, 2022 – The European Bank for Reconstruction and Development (EBRD) is...
Russia plans 2023 investment in ports of 145.4 billion rubles
Moscow, Russia (PortSEurope) December 22, 2022 – Russia plans investment of 145.4 billion rubles (€1.8 billion) in its ports in 2023. In 2022,...
Spinelli invests in new Gottwald crane in Port of Genoa
Genoa, Italy (PortSEurope) December 21, 2022 – The Spinelli group has announced the arrival of the new Konecranes Gottwald crane of sixth generation...
Sestri shipyards under development in Port of Genoa
Genoa, Italy (PortSEurope) December 16, 2022 – The Sestri Ponente shipyards in the Port of Genoa are being developed into a state-of-the-art super dock....