The Suez Canal Authority signed a Memorandum of Understanding (MoU) with the French company CMA CGM Group to operate the new container terminal at East Port Said Port, Chairman of the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) Mohab Mamish said yesterday, informs Egypt’s State Information Service. As we wrote earlier this […]
Tag: port projects
Yilport clarifies the situation at Puerto Bolivar
Following our recent publication on the troubles that the Turkish port operator Yilport Holding has lately encountered with its project in Ecuador while developing the terminal at Puerto Bolivar, we have received an official statement on the dispute, which was issued by Robert Yuksel YILDIRIM, the Chairman of YILPORT Holding and President & CEO of […]
China launches world’s largest automated container terminal (video)
Yangshan Deep Water Port in Shanghai, the largest automated container terminal in the world, started its trial operations on 10 December 2017, informs China Daily. The facility was launched right according to the schedule announced earlier this year. Phase 4 of the Yangshan Port will have the capacity of 4 mln TEU once it […]
Russian Arctic port Sabetta dispatches first LNG
Over the past week-end, the first two LNG tankers – Russian Sovcomflot’s Christophe de Margerie and Greek Dynagas’ Boris Vilkitsky – were loaded at the port of Sabetta with the first cargo of liquefied natural gas (LNG) produced at the Yamal LNG plant and set off eastward heading towards the markets in Asia. Our first article […]
Gdansk receives EU subsidy for port expansion
The Port of Gdansk has become one of the two Polish entities to receive funding from the Connecting Europe Facility (CEF), an EU financial instrument supporting the development of transport, energy and digital services, informs the Port Authority. The funding of EUR 19.9 mln was granted to the Port of Gdansk in the course of the […]
General contractor for Pionersky port is announced
The Russian Federal State Enterprise “Rosmorport” announced the general contractor for the construction of the international sea terminal Pionersky to accommodate cruise ships and ferries in Kaliningrad region, Russia, informs Rosmorport’s press service. Bolwerk LLC, a Russian company headquartered in Samara, has won the tender announced by Rosmorport at the end of October. Bolwerk is […]
Yilport encounters troubles at Puerto Bolivar, Ecuador
Tensions are growing at Yilport’s port development project at Puerto Bolivar, Ecuador. Patricia Henríquez, the deputy of the El Oro province, where the port is located, has sent an official request last week to the Ministry of Transport and Public Works, the Internal Revenue Service, the Port Authority and Yilport Ecuador asking to report on […]
Puerto Cortes develops its container facilities
Operadora Portuaria Centroamericana (OPC), part of the ICTSI group and the container terminal operator at the port of Puerto Cortés in Honduras, has announced the progress in the extension of its facility. Having won the international bid for design, finance, construction, maintenance and operation of the specialized container and cargo terminal in the Republic of […]
Hong Kong port to relocate or have homes on top?
The Hong Kong Task Force on Land Supply, a government-appointed committee, is considering the options to free land for housing. Among a number of solutions there are such exotic ones as relocating the Kwai Tsing container terminal and building homes on elevated platforms above the port, informs South China Morning Post. A public consultation will […]
Russia invites bids for constructing a new cruise terminal
The Federal State Enterprise “Rosmorport” has obtained a permission to construct the international sea terminal Pionersky for accommodation of cruise ships and ferries in Kaliningrad region, Russia, informs the press service of Rosmorport. The permission was given on Monday for coastal protection works, reclamation of two land plots of the 5.16 hectares total area, construction […]