Port Finance International Events - covering global port developments

Search site

RSS

Finance Deals

New Zealand’s Port of Tauranga is planning to invest $150 million over the next three years as it aims to position itself as a regional hub. The port is tendering a number of projects as part of ambitious expansion plans.  

Financial terms for loans to develop the $1.5 billion Lekki port in Nigeria have now been agreed by the consortium of six banks providing funding for the project, according to managing director of the port, Haresh Aswani.

Dubai-based port operator DP World has announced the closure of a $2.6 billion deal to acquire shares in Middle Eastern rival Economic Zones World FZE (EZW).

Authorities at the Egyptian port of Damietta have signed a contract to build a new 630 metre long deepwater berth with a draught of 17 metres.

Financial services firm Morgan Stanley has sold Montreal Gateway Terminals (MGT) to a consortium of investors that aim to turn the port into an international hub.

The Port of Prince Rupert on Canada’s west coast is to receive investment of $200 million from  Maher Terminals to expand capacity at its Fairview Container Terminal by approximately 60%.

Egypt’s Ministry of Transportation is reportedly seeking investment of $700 million for expansion of the container terminal at East Port Said on the country’s Mediterranean coast.

Construction of the $350 million expansion project at Jawaharlal Nehru Port (JNPT)  in India has got under way with terminal management firm PSA International having awarded the contract for preparatory work at its planned fourth container terminal.

Corporate financing firm W. P. Carey has reached agreement with Dutch developer  Borghese Logistics to purchase its recently constructed logistics facility at the Port of Rotterdam for  $43 million.

Terminal operator DP World has reported concerns over the future viability of the Port of Melbourne following a request by the the state government of Victoria to increase its rent at the site by 800%.

ABOUT US

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.

Follow us

Newsletter

Sign up for our free newsletter