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.
Georgian Prime Minister and heads of top US investment funds discuss prospective investment projects
Today, Georgian Prime Minister Giorgi Gakharia hosted the heads of various leading US investment and Venture funds probing into possible investments in...
Works on Bilbao port Central Pier and the old Punta Lucero Quarry ahead of schedule
The works are included in one contract with a global estimated cost of 74 million euros and a European Union subsidy.The stabilisation works lasted 34 months...
Greece to review PPA-COSCO plan this week
Piraeus, Greece (PortSEurope) September 23, 2019 – It has been announced that on September 25, the Port Planning and Development Committee (ESA) will...
Cádiz port receives a subsidy of €500,000 to improve fishing infrastructure
Cádiz, Spain (PortSEurope) September 20, 2019 – The Junta de Andalucía in Cádiz has approved aid of €507,440 for Autoridad Portuaria de la Bahía de...
USPA and Kernel invest in the development of Chernomorsk port
Odessa, Ukraine (PortSEurope) September 5, 2019 – Ukrainian Sea Ports Authority (USPA) and Kernel company have signed a cooperation agreement for the...
Greek Shipping Ministry welcomes updated €800m Piraeus port master plan
Piraeus, Greece (PortSEurope) September 3, 2019 – The Greek Shipping Minister Yiannis Plakiotakis has expressed his satisfaction with a new updated...
Port of Venice to invest in the Nicolò De Conti bridge
Venice, Italy (PortSEurope) September 2, 2019 – “With a €1 million investment, Autorita’ di Sistema Portuale del Mare Adriatico Settentrionale...
Portos de Galicia invests €720,000 in aquaculture in Vilaxoán port
Vilagarcía, Spain (PortSEurope) August 29, 2019 – Portos de Galicia has invested almost €720,000 in two new dock lines with 19 berths for aquaculture...
COSCO plans further Piraeus port container capacity expansion
Piraeus, Greece (PortSEurope) August 14, 2019 – Local sources have reported that COSCO Shipping Ports Ltd is planning a fourth port terminal in Piraeus...
APM Terminals Barcelona increases productivity
Barcelona, Spain (PortSEurope) August 7, 2019 – APM Terminals has announced that its Barcelona terminal achieved a very high 150 BMPH (berth moves per...
Valencia port presents long-term investment plans
News – Port Authority of Valencia presents the investment plan for the coming years – August 6, 2019 Autoridad Portuaria de Valencia (APV –...
Portuguese government approves Sines port expansion
Sines, Portugal (PortSEurope) August 6, 2019 – APS – Administração dos Portos de Sines e do Algarve (Ports of Sines and Algarve Authority) has...
Portuguese minister visits Sines port for official presentation of investment projects for expansion of Terminal XXI & new Vasco da Gama Terminal
News – Minister of the Sea, Ana Paula Vitorino, visited the Port of Sines for the official presentation of the investment projects for the expansion of...
Portugal to invest over €2 million in dredging local ports
Lisbon, Portugal (PortSEurope) August 5, 2019 – DGRM (Direção-Geral de Recursos Naturais, Segurança e Serviços Marítimos) is moving forward with the...
Georgia says Anaklia Port construction unlikely to start in Jan 2020
The Georgian Ministry of Infrastructure has said that it is unlikely that the Anaklia Development Consortium will attract the needed funds to launch the...
Portugal: a €68 million cohesion investment to upgrade the Minho railway line
Portugal: a €68 million cohesion investment to upgrade the Minho railway line – August 1, 2019 The Cohesion Fund is to invest almost €68 million in...
OFID to fund Port Said grain storage facilities
Port Said, Egypt (PortSEurope) July 30, 2019 – The OPEC Fund for International Development (OFID) has signed a $14 million loan with Egypt’s Ministry...