Concessions & Investments – Page 5
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PD ports completes refinancing
UK-based PD ports has raised a total debt facility of GBP710 million to refinance existing debt and provide for future business growth.
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STS 10 concession obstruction?
Although Brazil’s Mario Franca, Brazil’s new Ports and Airports Minister, has strongly hinted that the urgently needed STS10 new container terminal concession for Santos will go ahead there could be a spanner thrown into the works as another port terminal, Ecoporto, lays claims to a sizeable chunk of land designated for STS10.
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Five Star Ashdod
The Port of Ashdod, Israel, has confirmed the signing of new agreements with five start-up companies…
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ZIM backing SMEs
Zim Integrated Shipping Services Ltd is supporting a new platform for cross-border trade financing to support the activities…
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Port and terminal Investors crowd in
There is an array of news this month from around the globe regarding investment in port and terminal businesses.
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Vitoria delivers first concession
Vitoria, the first Brazilian port authority to be privatised has just announced its first concession, a contract with TechnipFMC, a global Franco-American oil and gas company.
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EU Grant Hope
The Swedish Government has given approval for Ports of Stockholm to apply for EU grant funding for pilot studies to develop onshore power infrastructure.
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Cargo crime fight ‘low priority’
NaVCIS report finds the fight against cargo crime under-resourced, potentially putting the public at risk
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Criminals exploit supply chain disruption
Disruptions throughout the global supply chain continue to create opportunities for criminals to access cargo
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PD Ports Sale?
Unsubstantiated press reports in the UK have suggested that Australian investment company Macquarie…
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Jeddah Targets top-of-the-range Containerships
Mawani, the Saudi Ports Authority, has confirmed it is targeting 24,000TEU container ships at Jeddah Islamic Port (JIP) and is making the necessary investments to facilitate achieving this goal.
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…And new Nansha berth planned
A reported US$1 billion is being invested at Nansha Port by Guangzhou Port Group (GPG) to help keep pace with demand.
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Belt and road – quo vadis?
China’s march into port investments around the globe is slowing. Andrew Penfold identifies the problems, fall-out and potential for others to step in
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Adani enters Bengal and Closes Gangavaram…
Adani Ports and Special Economic Zone (APSEZ) has signed a 30-year concession agreement with Syamam Prasad Mookerjee Port in Calcutta for a bulk terminal at the Haldia Dock Complex.
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Google in Nairobi
Google has announced another investment in a tech-led company, with its confirmation of an interest in Lori Systems, a Nairobi-based e-logistics company providing shippers with digital solutions to manage cargo and transporters.
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Smart Spending By Zim
Zim Integrated Shipping Services Ltd (Zim) has confirmed a US$5 million spend of Series B financing in Sodyo Ltd (Sodyo) to support use of smart solutions across the supply chain.
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Miami Grant
The Port of Miami has been awarded a US$16 million Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grant which will be used to help implement the port’s intermodal rail expansion.
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Gate 9 in Jeddah
The Saudi Ports Authority (MAWANI) has officially launched the new Gate 9 expansion at Jeddah Islamic Port.
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APM Invests
APM Terminals, the port operating arm of AP Moller Maersk and affiliate to Maersk Line, has confirmed that it is developing a new, one kilometre-long berth line at its East Port Said, Egypt facility, at a cost of US$500 million.
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Hutchison Adds Two Concessions in Egypt
Hutchison Ports has signed two new concessions for container terminals with the Egyptian Government, one in Ain Sokhna Port and the other in El Dekheila Port.