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Tuesday, 28 February 2012

APMT to lay out $3bn this year

APM Terminals (APMT) looks set to invest around $3bn in port projects this year.

The China Development Bank has reportedly signed a contract to lend Qingdao Dongjiakou Port in China's Shandong province a total of RMB 12.5bn ($2bn).

Adani Ports and Special Economic Zone (APSEZ), which until January this year was known as Mundra Port and Special Economic Zone, has received a letter of intent from India's Kandla Port Trust (KPT) to develop a 20m tpa dry bulk terminal on a BOT basis.

Guangzhou Dredging has won a contract valued at just over RMB 1.1bn ($174.7m) to undertake Stage 2, Phase 1 reclamation work for the auxiliary port and steel industry park within China's Yingkou Economic and Technical Development Zone.

Royal Boskalis Westminster and the Jan de Nul Group have together been awarded a €90m ($120.3m) contract for capital and maintenance dredging at the Port of Bahia Blanca in Argentina, with the Boskalis share of the deal worth approximately €55m.

Canada's Allana Potash has announced that Djibouti's Ministry of Equipment and Transport through the Djibouti Port and Free Zone Authority (DPFZA) has commenced a prequalification process to select contractors for the construction of a new port at Tadjoura.

Wednesday, 22 February 2012

Rotterdam expands the Maasgeul

The Dutch Ministry of Infrastructure and the Environment is to expand the Maasgeul channel at the Port of Rotterdam to reduce waiting times for ships entering the Port.

Tuesday, 21 February 2012

Westports Malaysia to spend $1.1bn

Westports Malaysia expects to spend just under MYR 3.2bn ($1.1bn) boosting capacity at its Port Klang facility. 

The Port of Rotterdam has awarded a €40m ($52.9m) contract to Van Oord and Besix to widen the Amazonehaven seaport to make vessel traffic control safer and more efficient.

Tuesday, 21 February 2012

THEC picked for Lianyungang

China Communications Construction Company (CCCC) subsidiary Third Harbour Engineering Company (THEC) has won a berth construction contract worth RMB 179.5m ($28.5m) at the Lianyungang Port Area in China's Jiangsu province.

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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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