The Adani Group reportedly intends to invest $1bn developing a new deep-water port within the Indian state of Andhra Pradesh.
Contship Italia has signed an agreement to sell 50% of CSM Italia-Gate, the sub-holding company controlling 66.7% of the Medcenter Container Terminal (MCT) at the Port of Gioia Tauro in Italy, to Terminal Investment Limited (TIL).
14/1/12: The Port of Antwerp reports that the first phase of the Beverdonk Container Terminal (BCT) on the Albert Canal has commenced operations.
The Indian government is looking to attract investments worth INR 2.9tr ($56.3bn) in order to boost overall port capacity to around 3.2bn tpa.
13/1/12: Indonesia’s Transport Ministry will reportedly contribute IDR 3tr ($330.5m) towards the construction of Kalibaru Port in North Jakarta.
10/1/12: Philippines-headquartered International Container Terminal Services Inc (ICTSI) has confirmed reports that it is to spend $125m improving the infrastructure and cargo handling capabilities of the Manila International Container Terminal (MICT).
Netherlands-headquartered Verwater has been appointed to undertake the phase 6.1 expansion of the Argos fuel terminal within the Port of Rotterdam.
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).