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Sri Lanka's state-owned Port Authority (SLPA) plans to sell two $500 million 10-year bonds this year to repay a series of yen-denominated loans and to finance its investment projects, SPLA Chairman Priyath Wickrama said on Friday.

PORT operators are hell bent on reducing costs and improving operational efficiency but too many are trading without a management plan to control and reduce energy consumption says Lai Chan Rasti, Senior Banker at the European Bank for Reconstruction and Development (EBRD).

The advance of technology in the digital age has not led globally to an increase in average container movements per hour at terminals worldwide and the increase in size of ships has prompted operators to adopt news measures to increase productivity, says APM Terminals Head of Project Implementation, Soren Sjostrand Jakobsen.

MARG Karaikal Port on India’s south-eastern coast has secured an additional institutional investor to fund its expansion.

Melbourne will borrow from lenders to fund the construction of a new container terminal, Port of Melbourne Corporation (PMC) said on Thursday.

A capital increase in the European Investment Bank (EIB) would help port infrastructure investments projects worldwide, the EIB said on Wednesday.

The US state of Florida's Transportation Department is to pump $20.1m of public finance into the refurbishment and expansion of ro-ro facilities at the port of Palm Beach, the port said on Wednesday.

Yangon port, formerly Rangoon, in Myanmar is set to thrive with new multi-purpose port capacity anticipated, industry players said on Wednesday.

BHP Billiton’s $20bn expansion of iron ore operations at Port Hedland, in Western Australia, will be given priority over the company's other big growth projects investors in analysts in Sydney said on Wednesday.

India’s Petronet LNG Ltd. will invest 45bn rupees ($853.89 million) to build a LNG terminal at Gangavaram on the country's east coast by 2016 the company said on Wednesday.


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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