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Friday, 20 January 2012

PANYNJ sells bonds worth $416.3m

The Port Authority of New York and New Jersey (PANYNJ) has announced the competitive sale of 171st Series consolidated bonds worth just over $416.3m.

Thursday, 19 January 2012

IPC enters India

Israel Port Company (IPC) is to embark on its first project outside its home country having won the bidding as part of a consortium with India’s Cargo Motors to develop a greenfield port at Nargol in Gujarat.

Tuesday, 17 January 2012

Big things set for Andhra Pradesh

The Adani Group reportedly intends to invest $1bn developing a new deep-water port within the Indian state of Andhra Pradesh.

Tuesday, 17 January 2012

TIL buys MCT stake

Contship Italia has signed an agreement to sell 50% of CSM Italia-Gate, the sub-holding company controlling 66.7% of the Medcenter Container Terminal (MCT) at the Port of Gioia Tauro in Italy, to Terminal Investment Limited (TIL).

Saturday, 14 January 2012

Antwerp's BCT opens for business

14/1/12: The Port of Antwerp reports that the first phase of the Beverdonk Container Terminal (BCT) on the Albert Canal has commenced operations.

The Indian government is looking to attract investments worth INR 2.9tr ($56.3bn) in order to boost overall port capacity to around 3.2bn tpa.

Friday, 13 January 2012

Kalibaru to receive $330.5m

13/1/12: Indonesia’s Transport Ministry will reportedly contribute IDR 3tr ($330.5m) towards the construction of Kalibaru Port in North Jakarta.

Tuesday, 10 January 2012

ICTSI commits to MICT

10/1/12: Philippines-headquartered International Container Terminal Services Inc (ICTSI) has confirmed reports that it is to spend $125m improving the infrastructure and cargo handling capabilities of the Manila International Container Terminal (MICT).

Tuesday, 10 January 2012

Argos picks Verwater

Netherlands-headquartered Verwater has been appointed to undertake the phase 6.1 expansion of the Argos fuel terminal within the Port of Rotterdam. 

Thursday, 05 January 2012

APMT Gothenburg goes live

APM Terminals (APMT) has officially taken control of the Skandia Container Terminal at the Port of Gothenburg in Sweden.

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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.

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