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.
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...
€24 million of aid for Romania’s Danube River and Black Sea ports
Brussels, Belgium (PortSEurope) October 15, 2023 – The European Commission (EC) has approved up to €24 million in aid for Romania to support...
Port of Leixões to modernize its railway terminal and mobile bridge
Leixões, Portugal (PortSEurope) October 13, 2023 – The port of Leixões is to spend 38 million euros to modernize its railway terminal and mobile...
Monfalcone takes advantage from increased Chinese car imports
Monfalcone, Italy (PortSEurope) October 2, 2023 – Recent months have seen increased imports of cars from China. Both Koper and Barcelona have reached...
HAROPA PORT to develop a new multimodal platform
Paris, France (PortSEurope) September 28, 2023 – HAROPA PORT has announced that it is developing the port of Bruyères-sur-Oise to create a new...
Constanta port will modernise its roads, water and electricity infrastructure
Constanta, Romania (Ports Europe) September 25, 2023 – A 300 million euro project for the modernisation of Romania’s Black Sea port of Constanta was...
Port of Constanta invest to boost grain capacity
Constanța, Romania (Ports Europe) September 21, 2023 – Constanta is now a key port for the export of Ukrainian grain. It receives grain via waterways...
Enel to resume Porto Empedocle LNG plant project – again
Palermo, Sicily, Italy (Ports Europe) September 20, 2023 – Enel has agreed to resume the Porto Empedocle liquefied natural gas (LNG) plant project,...
China’s port of Lianyungang visits Aktau, Kazakhstan
Aktau, Kazakhstan (Ports Europe) September 19, 2023 – A delegation of the regional government and the port of Lianyungang, China, has visited the port of...
New vertical quay to increase Novi Sad cargo capacity by 0.5 million tonnes
Novi Sad, Serbia (Ports Europe) September 19, 2023 – DP World has opened a new vertical quay wall in Serbia’s Danube River port of Novi Sad that cost 8...
Adif improves the Sagunto-Teruel-Zaragoza rail line
València, Spain (Ports Europe) September 12, 2023 – Adif has improved the Zaragoza-Teruel-Sagunto line with the commissioning of the seven sidings for...
Development of international logistics and maritime infrastructure of Kazakhstan
Astana, Kazakhstan (Ports Europe) September 3, 2023 – Kazakhstan is starting to expand its logistics capabilities. This includes China and Georgia A new...