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

Kinder Morgan Energy Partners has acquired TransMontaigne Partners’ 50% interest in the Battleground Oil Specialty Terminal Company (BOSTCO) project, a $430m oil terminal currently under development on the Houston Ship Channel in Texas.

9/1/12: Jawaharlal Nehru Port Trust (JNPT), India’s largest container port, expects to begin work on a $299.2m capital dredging project this month.

9/1/12: Indonesia’s state-owned oil and gas firm PT Pertamina intends to develop a 300,000 m3 fuel terminal on the island of Sambu in the Riau Islands.

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

DP World Vancouver has signed a three-year agreement with Canada's Nanaimo Port Authority (NPA) that grants it the right to operate the Port of Nanaimo’s facilities, including the general cargo Duke Point facility and Assembly Wharf.

China Communications Construction Company (CCCC) reports that it has signed a memorandum of strategic cooperation with the State-owned Assets Supervision and Administration Commission of the State Council and the Zhejiang Provincial People’s Government worth more than RMB 20bn ($3.2bn).

The Turkish government has now sold the operating rights for the Port of Iskenderun to Ankara-headquartered Limak Holding for $372m following approval from the country's antitrust authorities.

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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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