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Associated British Ports (ABP) has awarded Graham Construction the contract to design and build a new ro-ro terminal at the Port of Grimsby on the River Humber in the north of England.

Buckeye Partners subsidiary Buckeye Tank Terminals has signed a definitive agreement to acquire Chevron USA's liquid petroleum products terminal in New York Harbor for $260m cash.

Kerry Logistics has broken ground on the third-phase expansion of its multipurpose Kerry Siam Seaport (KSSP) at Laem Chabang in Thailand.

Dredging International (Australia) has landed a contract worth A$1.1bn ($1.2bn) to dredge a 17 km approach channel, manoeuvring area, berth pockets and tug harbour for Chevron's new Wheatstone LNG project on the Pilbara coast in Western Australia.

APM Terminals (APMT) reports that work on reconstructing the wharf at the Port of Monrovia in Liberia “is well ahead of schedule and will be completed prior to the previously estimated target date of August 2013”.

Eko Support Services has begun work on a $124.4m project to construct a new terminal for oil and gas operations within the Port of Lagos in Nigeria.

10/2/12: Rio Tinto has committed $3.4bn to the expansion of its Pilbara iron ore operations in Western Australia, with $1.2bn earmarked for its Port Cape Lambert expansion project.

China Communications Construction Company (CCCC) reports that the China Securities Regulatory Commission (CSRC) has approved its application for an IPO on the Shanghai Stock Exchange.

Petronet LNG has announced plans to build a greenfield LNG terminal at Gangavaram in the Indian state of Andhra Pradesh at a cost of around INR 45bn ($914.5m).

A Welspun consortium has reportedly offered to contribute INR 11bn ($223.5m) towards the first phase construction of Vizhinjam Port as part of its bid to operate the proposed transhipment hub in the Indian state of Kerala.


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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