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International Container Terminal Services Inc. (ICTSI) is set to continue its international expansion after the Asian port operator signed a MoU agreement with Lekki Port LFTZ Enterprise (LPLE) to equip and operate a container terminal at Tolaram Port@Lekki, near Lagos, Nigeria, ICTSI said on Wednesday.

Middle East Dredging Company (MEDC) has landed a QAR 4.5bn ($1.2bn) contract to dredge the approach channel to Qatar's New Doha Port.

Iraqi plans to develop the $6bn Grand Faw Port near Basra have taken a major step forward with the news that the country's Transport Ministry will shortly issue a tender for the construction of a $343m breakwater.

Philippines-headquartered International Container Terminal Services Inc (ICTSI) has officially commenced work on the Specialized Container Terminal 2 (SCT 2) within the Port of Manzanillo in Mexico.

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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.

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