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.
Russia announces further investment in Port of Olya, Astrakhan
Astrakhan, Russia (PortSEurope) March 6, 2023 – Financing of 2.5 billion rubles was allocated for the design and construction of infrastructure...
CMA CGM Group to deploy €200 million to tackle decarbonisation
Marseille, France (PortSEurope) February 28, 2023 – The CMA CGM Group, Bpifrance and the Secretary of State for the Sea have announced that Bpifrance...
Yilport Holding acquires Port of Šibenik, Croatia
Šibenik, Croatia (PortSEurope) February 22, 2023 – Yilport Holding has taken over the operations at Port of Šibenik, located on the Adriatic coast of...
DP World Limassol celebrates six-year anniversary
Limassol, Cyprus, 17 February 2023: Celebrating six successful years as operator of the multi-purpose and cruise terminals, DP World Limassol remains...
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...
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...
Egypt to develop Al-Arish port, Israel alerted
Cairo, Egypt (Ports Europe) January 18, 2023 – Last week, the Suez Canal Economic Zone (SCZone) announced plans to develop the port of Al-Arish. Al-Arish...
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...
EBRD supports Montenegro’s railway infrastructure
Podgorica, Montenegro (Ports Europe) December 29, 2022 – The European Bank for Reconstruction and Development (EBRD) is...