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.

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...

Egypt seeks role as trade hub in the new Silk Road

Beijing, China (PortSEurope) October 19, 2023 – Prime Minister Mostafa Madbouly of Egypt has attended the Belt and Road Forum for International...

DBA Motril to invest €1 million in port plant

Motril, Spain (PortSEurope) October 18, 2023 – DBA Motril is to invest €1 million in its fule storage plant in Motril port. The Hafesa company will...

Malta Freeport starts cold ironing work

Marsaxlokk, Malta (PortSEurope) October 16, 2023 – Malta Freeport has started work on a cold ironing project, a technology designed to supply electricity...

Port of Burgas to renovate its communist era Ro-Ro berth

Burgas, Bulgaria (PortSEurope) October 16, 2023 – BGN 6.4 million (3.27 million euro) will be invested by Bulgaria’s state-owned Port Infrastructure for...

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