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The Port of Rotterdam Authority yesterday announced that it had signed an agreement with RBC Holding for the construction of an inland shipping jetty and the expansion of its site by 5,000m2.

Indian private port operator APSEZ (Adani Ports & Special Economic Zone) said today that it has completed a Rs4 billion ($64M) steam coal import terminal in Visakhapatnam (Vizag) eight months ahead of schedule.

The Australian government has cleared the capital dredging programme for the Abbot Point port in Queensland, paving the way for the development of the Galilee Basin coal assets and associated infrastructure.

Lerwick Harbour, in the Shetland Islands, inaugurated last week a new deep-water berth, part of an £11.5 million expansion launched three years ago.

Inchcape Shipping Services (ISS) is reporting today that the port of Qingdao has resumed all operations after the deadly pipeline explosion last Friday.

Kandla port, on the western coast of India, has completed two berths which add four million tonnes to its annual capacity and has signed six new concession agreements to further expand that capacity by 13 million tonnes.

The Port of Aalborg, in Northern Denmark, is entering negotiations with banks and mortgage institutions after its board of directors approved an investment budget of 500 million kroner (€67M) for the 2014-2016 period.

The New Mangalore Port, on India’s West coast, has recorded a double digit cargo growth driven by local demand for coal and crude, and it expects its oil throughput to go on increasing after a Single Point Mooring (SPM) facility was built off its shore.

A Turkish company has started building a $1.5 billion port on the Turkmen shore of the Caspian Sea.

Oiltanking has decided to sell a minority stake of its Helios terminal in Singapore to Macquarie Capital.


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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