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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%.

Port operator Pelindo II is reportedly exploring options to raise around $1.1 billion to build and operate five new ports across Indonesia by 2019.

The takeover bid for Malaysian port operator Integrax by the country’s largest power company Tenaga Nasional has hit opposition after Integrax shareholders rejected a $177 million offer.

UK Prime Minister David Cameron launched plans for a £200 million investment to upgrade capacity at the Port of Felixstowe today as part of the government’s Economic Plan for the East of England.

The Irish port of Foynes is to receive investment of €50 million to expand capacity and modernise berths to accept larger vessels.

Romanian authorities are reportedly planning to invest €16 million to upgrade three ports on the river Danube.

Filipino port operator International Container Terminal Services Inc. (ICTSI) has acquired its partner Anglo Ports’ stake in Victoria International Container Terminal (VICT) in Australia.

Belgium’s Port of Antwerp is seeking investment from India to strengthen ties between the European port and the subcontinent. A delegation from the port will be in India this week to raise investor interest and will sign an agreement between APEC (the port of Antwerp’s international training centre) and the Indian port JNPT. 


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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