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Turkish infrastructure investment group, Limak Yatirim is to open the first phase of a $754m container terminal at the newly privatised port of Iskenderun in June, the company said.

Published in Finance Deals

Turkey’s Yildirim Group aims to buy a 49% stake in Terminal Link, the CMA CGM subsidiary which owns stakes in over 20 port terminal assets worldwide.

Published in Finance Deals
Thursday, 29 March 2012 01:00

DP World's net profits leap 82%

Net profits at DP World Ltd. (DPW), the world’s third- biggest port operator, leaped 82% as result of gains from the sale of assets in Australia and a rise in container handling volumes.

Published in Finance Deals

Mediterranean Union inspired infrastructure finance fund, Inframed, has secured its first acquisition with the purchase of a 20% in the Turkish port of Iskenderun.

Published in Finance Deals
Wednesday, 14 March 2012 00:00

MEDC lands $1.2bn Doha contract

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.

Published in Emerging Economies

13/03/12 Turkish industrial company, the Yildirim Group, is looking to expand independently from CMA CGM’s container operations at ports in Africa and South America, said Sean Pierce, Yildrim Group’s Yilport, CEO.

Published in Finance Deals

The Saudi Ports Authority (SPA) has signed eight major port contracts with a total value of SAR 582m ($155.2m).

Published in Finance Deals
Tuesday, 06 March 2012 00:00

Iraq's $6bn Grand Faw Port advances

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.

Published in Emerging Economies
Thursday, 23 February 2012 12:19

Djibouti's Tadjoura development progresses

Canada's Allana Potash has announced that Djibouti's Ministry of Equipment and Transport through the Djibouti Port and Free Zone Authority (DPFZA) has commenced a prequalification process to select contractors for the construction of a new port at Tadjoura.

Published in Regulation and Policy
Tuesday, 07 February 2012 11:58

Van Oord lands Fujairah contract

Fujairah Asia Power Company has awarded Van Oord a €30m ($39.8m) EPC contract for the installation of a single point mooring (SPM) system at Fujairah in the UAE.

Published in Finance Deals


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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