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The Brazilian port terminal of Ponta da Madeira has signed a cooperation agreement with China’s Qingdao port to increase iron ore handling between the two terminals.

Logistics provider Broekman Distriport, in partnership with Norway’s Sea-Cargo, has announced plans to expand its terminal in the Port of Rotterdam by 50,000 m2. The upgraded facility will be used to increase goods traffic to and from Western Scandinavia.

Brazilian mining company Vale has opened a new $1.4 billion port terminal in Malaysia aimed at reducing its costs to sell iron ore into Chinese markets. Located on the Strait of Malacca between Kuala Lumpur and Penang, the deepwater port is part of a growing trend for large-scale developments that offer economies of scale for shipments.

A joint venture between Dutch port operators Gasunie and Royal Vopak has closed a €76 million project financing deal with the European Investment Bank (EIB) to fund construction of new break bulk infrastructure and services at their Gate LNG terminal in the Port of Rotterdam.

U.S. bank Morgan Stanley is to provide consultancy services to Indian conglomerate Adani Enterprises, on the sale of part of the company’s stake in the Abbot Point coal port in Australia.

 The Port of Asim in Pakistan is set to receive its first liquefied natural gas (LNG) consignments via the new Engro Elengy Terminal by January 26, 2015.

A new $40 million extension to Katoen Natie's terminal at Jurong Logistics Terminal in Singapore was inaugurated this week.

Shipping and engineering firm Sembcorp Marine has secured a $696 million contract, via its subsidiary Jurong Shipyard, to convert a shuttle tanker into a floating, production, storage and offloading (FPSO) vessel for OOGTK Libra.

Nigerian president Goodluck Jonathan has inaugurated Phase 4 of the country’s $204 million Onne Port Complex.

The port of Grimsby and Immingham in the UK will install a new Terex / Gottwald HMK 170 EG crane at a cost of £2 million.


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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