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Tuesday, 16 January 2018 13:49

Turkey Announces Route for Kanal Istanbul

The government of Turkey has released the finalized route for a second shipping channel between the Black Sea and the Sea of Marmara, parallel to the Bosporus Strait.

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As part of its new year's resolutions, the Port of Amsterdam has decided to reduce shipping emissions and minimise the environmental impact in the coming years.

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Tuapse Commercial Seaport JSC (TCSP, part of UCL Holding) says it is going to spend USD 34,1 million (RUB 1.93 bn) of its own funds for financing of the company's investment programme in 2018.

According to the statement, this year's investment programme of Tuapse Commercial Seaport provides for "further development and implementation of promising investment projects aimed at increasing the company's cargo throughput and maintenance of its production facilities".

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Monday, 15 January 2018 13:08

High performance twins

  • Two new Liebherr mobile harbour cranes LHM 420 to Emden
  • Ems Ports Agency & Stevedoring received new Liebherr cranes for tandem lifts of up to 248 tonnes
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Following an approach by leading Baltic Exchange LNG shipbroking companies, the Baltic Exchange has formed the Baltic LNG Panellists Group. The move comes as the Baltic Exchange looks to develop a new Liquified Natural Gas (LNG) Index comprising several routes for the evolving LNG shipping market.

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Thursday, 11 January 2018 15:33

Nigeria Seeks Greenfield Mega-Port Investment

The Federal Government of Nigeria Nigerian (FGN) has started looking for investors for a greenfield port in the southern part of the country.

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Monday 8 January 20148 at 2 pm, the barge with the two impressive foundations of 10,000 tonnes and 8,000 tonnes, destined for the Danish offshore wind farm Kriegers Flak, has left the port of Ostend in Belgium – an important milestone of this project.

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DP World has announced that it has more than doubled its profits from $440 million to US$ 1 billion during its 10-year public listing on Nasdaq Dubai.

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Saudi Arabia is to provide USD 201 million grant to Oman that will be used for two development projects at the Port of Duqm, Kuwait News Agency (KUNA) reported.

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Hutchison Ports has acquired a 50% shareholding in terminal operator TMA Logistics B.V. (TMA).

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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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