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Technology / Design Solutions

The first stage in the development of the  $400 million Petlim Container Port in Izmir, Turkey is set to be complete within months with the first containers arriving in January 2016, according to comments from Kenan Yavuz, the head of developer SOCAR Turkey Enerji.

The Maritime and Port Authority of Singapore (MPA) has announced the creation of 21 prototypes for innovative new port technologies via its annual Smart Port Hackathon.

Spanish engineering and technology firm Abengoa has announced plans to develop a new port terminal in Capurro, Montevideo after winning a contract valued at $93 million.

The Port of Brownsville in southern Texas has opened a new $27.5 million cargo dock and storage yard as part of an expansion strategy to increase throughput and attract new business from rival Gulf of Mexico ports.

Dutch dredging and engineering firm Royal Boskalis Westminster has reported an ‘exceptionally busy’ first half for 2015 driven by global demand for port expansion projects to dredge deeper channels and allow access for the latest generation of super vessels as well as the completion of the Suez Canal project.

Crane manufacturer Kalmar has announced new orders for port equipment at Terminal Especializado de Contenedores de Buenaventura S.A. (TECSA) in Colombia as well as DP World’s KTZE - Khorgos Gateway in Khazakstan.

The $500 million upgrade of Malaysia’s Samalaju Port is on track to boost throughput at the port by ‘around six million tons of cargo in its first full year of operations’, according to comments from Paul Charlton, Managing Director of BMT WBM’s Machinery Group.

UK port operator Forth Ports Limited has announced plans for a 'six-figure''  investment to upgrade electric infrastructure at the Port of Grangemouth and allow expansion of refrigerated container (reefer) traffic via Scotland’s largest container terminal.

UK port firm Peel Ports has announced a £500,000 investment in a “state-of-the-art ‘virtual’ training simulator” at the Port of Liverpool  in order to prepare crane operators ahead of the arrival of five of the world’s largest cranes at the site this autumn.

State-run transportation firm Swaziland Railway has announced plans to invest $20 million to expand the dry port station at Matsapha in central Swaziland.


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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