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.
Portugal to invest €2.5 million in constructing dock on Tavira island
Tavira, Portugal (Ports Europe) August 21, 2017 – Portugal’s government has presented a €2.5 million ($2.9 million) project for the construction of a...
Greece completes pier construction at Kos port
Kos, Greece (Ports Europe) August 16, 2017 – Greece’s government has completed a project for the construction of a pier at the port of Kos. The pier...
Varna Port to invest €6 million in 2017
Varna, Bulgaria (Ports Europe) August 15, 2017 – ($3 million/€2.6 million) for new equipment and another BGN 5 million for improvement of port’s...
Puertos Canarios to invest in improvement of Corralejo port mooring service
Fuerteventura, Spain (Ports Europe) August 14, 2017 – Canary Island’s port operator Puertos Canarios plans to invest €435,783 ($513,221) in works to...
Spain’s Ergransa to invest €500,000 in overhaul of warehouse at Barcelona port
Barcelona, Spain (Ports Europe) August 11, 2017 – Spanish stevedoring company Ergransa, part of Holding M. Condeminas, has presented to the Barcelona port...
Deepening of Volga river can help development of North-South Corridor
Astrakhan, Russia (Ports Europe) August 7, 2017 – A plan to dredge the Volga river to a greater depth and develop local ports, will speed up the...
Ukraine joins Go-Highway project to develop transport corridor connecting the Baltic and Black Seas
Odessa, Ukraine (Ports Europe) August 7, 2017 – Ukraine is to engage in the development of a transport corridor connecting the Baltic and Black Seas...
Odessa port starts dismantling of building to facilitate investment project of Louis Dreyfus
Odessa, Ukraine (Ports Europe) August 3, 2017 – Odessa port has started the dismantling of the building that was preventing the completion of the investment...
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...
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,...