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.

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...

Suez Canal Economic Zone signs seven MoUs for hydrogen development

Port Said, Egypt (PortSEurope) December 8, 2022 – The Suez Canal Economic Zone has signed seven Memorandums of Understanding (MoU) for green hydrogen...

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...

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...

DP World expands terminal in Port of Constanta, Romania

Constanța, Romania (PortSEurope) November 18, 2022 – DP World is expanding its terminal in Black Sea Port of Constanta. Development of the terminal, and...

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...

Romania’s port of Constanța set for EU rail investment

Constanța, Romania (PortSEurope) November 16, 2022 – Romania’s port of Constanța set for an EU rail investment of €1 billion from the...

Neogreen Hydrogen to invest in green hydrogen plant in Sines, Portugal

Sines, Portugal (PortSEurope) November 14, 2022 – Canadian company Neogreen Hydrogen and local Frequent Summer are to invest more than €1 billion in a...

SACE guarantees Salerno Container Terminal investment

Salerno, Italy (PortSEurope) November 14, 2022 – SACE is providing a financial guarantee to cover a €5 million loan granted by Intesa...

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