Tag: investment

Russian port capacity grows with new projects

The total handling capacity of the Russian sea ports has increased in 2016 by 32 mln tons, reaching 715-720 mln tons, according to the estimates of the Federal Agency Rosmorrechflot. The capacity growth was provided by the construction of new terminals as well as by the expansion of the operating ones. But the current changes […]

Massive investment drives huge growth

Container Terminal Saint-Petersburg

Container Terminal Saint-Petersburg (CTSP, member of UCL Holding), Russia, invested about RUR 1.5 bln (approx. USD 22.4 mln) in the terminal development in 2016, which is 2.3 times more than in 2015. The funding was used to purchase new equipment and upgrading engineering facilities, as announced in the company’s press release this week. Thus, the […]

Notorious Ilyichevsk finds a new victim

The global terminal developer and operator Hutchison Ports signed a Memorandum of Understanding (MOU) with Ukraine’s Sea Commercial Port Chernomorsk (formerly known as Ilyichevsk) on the Black Sea, as announced by the port’s press release. The document was signed during the visit of the Ukrainian Minister of Infrastructure Volodymyr Omelyan to the UK, in particular […]

Ports America to develop a mega-port in Nova Scotia

Novaporte new container terminal in Canada

Ports America, the largest terminal operator and stevedore in the United States, and Sydney Harbour Investment Partners (SHIP) have agreed to form a development group to attract customers and investors and advise on the operational configuration of Novaporte, a new Canadian container terminal in the Port of Sydney, Nova Scotia, writes Port Technology today. According to […]

Major changes in Buenos Aires to pull out some operators

The port of Buenos Aires is undergoing a number of major changes in its layout and makes a list of potential bidders who will compete in the tender for two container terminals, which is scheduled for the beginning months of 2017, writes Port Strategy, citing Latin America news agency Marco Trade News. The two terminals […]

Novorossiysk port to be privatized, DP World interested

Novorossiysk Commercial Sea Port

DP World confirmed its interest in acquiring shares of Novorossiysk Commercial Sea Port (NCSP) in Russia, together with its partner, the Russian Direct Investment Fund (RDIF), announced Russian news agency TASS last week quoting DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem. “Novorossiysk is very interesting. Today we are more interested in brownfield […]

New Container Terminal in Cadiz will get EUR 11.36 mln in 2017

The Cadiz Bay Port Authority (Cadiz, Spain) will invest EUR 20.7 mln in 2017 in various works, listed in the multiannual Investment Plan, as they have been approved in the corporate business plan for the next fiscal year by the Board of Directors which held its meeting this week, announces the Port Authority’s press release. […]

NYK acquires 20% in Maher Terminals

NYK Ports, a subsidiary company of Japanese Nippon Yusen Kabushiki Kaisha (NYK Line), acquired a 20% share of Maher Terminals (Maher) on 16 November, 2016. As announced in the company’s press release, the investment is effected together with Macquarie Infrastructure Partners III L.P., a 10-year closed end fund that focuses on investments in infrastructure and […]

Argentina pushes DP World for investments

DP World has officially requested permission to renew the terminal concessions to operate in the Port of Buenos Aires, Port Strategy writes today. The request was made by Dubai’s Economy Minister Sultan Bin Saeed Almansoori to the Argentinian vice president Gabriela Michetti. The concessions are due to expire in 2019. Nevertheless, Argentina’s president, Mauricio Macri, […]

A new investor for Russian Railways inland terminal

Yingkou Port (China) will acquire from Russian Railways 49% of the share capital of Bely Rast logistics centre near Moscow on the basis of an open competition, announces Russian Railways’ press release. This is provided by the cooperation agreement signed by the President of Russian Railways (RZD) Oleg Belozerov and the CEO of China Yingkou […]

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