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Danish wind turbine maker and Siemens, the UK engineering group, are to lease a part of Esbjerg port’s new $201m East Port terminal, which is to become the world's largest off shore wind turbine facility.

 China Shenhua Energy has received approval to build a 3.82 billion yuan ($602.05 million) coal-loading facility at Tianjin port in eastern China, China Shenhua said on Tuesday.

 A major renewable energy project to build and operate an offshore wind turbine terminal at Bremerhaven on the Weser River in Germany is one of the key upcoming European port projects expected to win finance from the European Investment Bank.

Inpex Corp and Total are reportedly seeking $20 billion in what could be the world's largest project finance loan for their Australian Ichthys LNG project.

Australia has scrapped the planned $8.8 billion expansion of the Abbot Point coal terminal in Queensland.

BHP Billiton’s $20bn expansion of iron ore operations at Port Hedland, in Western Australia, will be given priority over the company's other big growth projects investors in analysts in Sydney said on Wednesday.

India’s Petronet LNG Ltd. will invest 45bn rupees ($853.89 million) to build a LNG terminal at Gangavaram on the country's east coast by 2016 the company said on Wednesday.

Russian and Spanish petrol companies Lukoil and Meroil have opened a €50 m ($66.1m) expansion of Meroil’s petrol tank farm faclilities at Barcelona.

Shipping Corporation of India (SCI), India’s biggest shipping company, has ventured into the terminal business in a big way by clinching a three-year contract to manage the liquefied natural gas (LNG) facility in Dabhol located 150 km from Mumbai.

Spanish wind turbine power Gamesa today said it had signed a preliminary contract with the Port of Leith near Edinburgh for a €150 million ($197.9 million) investment to build two new offshore wind manufacturing plants on the site.

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Port Finance International provides online news and conferences worldwide. It is a platform and a community for senior industry experts and players to review and discuss the market. Our online news team provides daily coverage of international port finance, investment and operations news. A weekly e-newsletter- sent to readers free of charge - covers the key news and views of the week.

Port Finance International's conferences and training programmes are held across the globe. These events feature key industry figures and they address market challenges and trends as well as providing industry players with essential networking opportunities.

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