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.

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...

Southern ports to benefit from Italian government rail investment

Rome, Italy (PortSEurope) December 21, 2022 – Southern ports are to benefit from Italian government rail investment in two high-speed projects. Two...

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....

YILPORT plans modernisation of Port of Setúbal terminal

Setúbal, Portugal (PortSEurope) December 13, 2022 – YILPORT, the international port operator of Zone 2 of the Multipurpose Terminal, says it has...

Romanian ports Brăila, Galați to receive EU funds

Constanța, Romania (PortSEurope) December 8, 2022 – The Romanian inland ports of Brăila and Galați are set to receive European Union funding for...

EU cancels €28 mln for modernization of Albania’s commercial Port of Durrës after plans to turn it into a leisure marina

Durrës, Albania (PortSEurope) December 2, 2022 – The European Union has cancelled the grant of €28 million for the modernization of Albania’s commercial...

Port Authority of València approves new container terminal

València, Spain (PortSEurope) December 2, 2022 – The Board of Directors of the Port Authority of Valencia (APV) has approved the Construction Project of...

Makhachkala, next Russian port to receive new border check point facilities

Makhachkala, Russia (PortSEurope) November 30, 2022 – The state contract on design and survey works for construction of sea border crossing point in...

Volga-Caspian Sea Canal to be deeper and with two way traffic

Moscow, Russia (PortSEurope) November 29, 2022 – Hard pressed to move its trade in the south-east direction due to western sanctions, Russia is pouring more...

Port of Azov with a new border checkpoint following Russia’s cargo shift

Azov, Russia (PortSEurope) November 28, 2022 – The Port of Azov will have a new border checkpoint following Russia’s cargo shift southeast. Forced by...

Russia invests further in Volga-Caspian Sea Canal

Moscow, Russia (PortSEurope) November 28, 2022 – Russia is investng further in Volga-Caspian Sea Canal with subsidies for dredging. Hard pressed to move its...

Kazakhstan expands railway links with China, adds options to bypass sanctioned Russia

Dostyk, Kazakhstan (PortSEurope) November 24, 2022 – Kazakhstan is expanding railway links with China, adding a further option for traders to bypass a...

Aktau Sea Commercial Port receives EBRD loan

Aktau, Kazakhstan (PortSEurope) November 24, 2022 – JSC National Company Aktau Sea Commercial Port is to receive a senior $15 million loan from the...

Anaklia deep sea port project freeze is a huge lost economic opportunity

Anaklia, Georgia (PortSEurope) November 22, 2022 – It is now commonly understood – except by the Georgian Dream government – that the development of...

Suez Canal Container Terminal signs expansion agreement

Port Said, Egypt (PortSEurope) November 17, 2022 – The Suez Canal Container Terminal (SCCT) has signed an expansion agreement with the Suez Canal...

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