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Development firm Al-Sweiden Holding Company is to build a new commercial zone near the Suez Canal axis, according to a statement from the Egyptian Ministry of Supply and Internal Trade.

Published in Finance Deals

The Indian government has approved proposals to invest $85.21 million in the development of Chahbahar Port in Iran. The proposal will see the port operated via an Indian JV company, composed of Jawaharlal Nehru Port Trust (JNPT) and the Kandla Port Trust (KPT), which will sign a 10 year leasing agreement.

Published in Emerging Economies

Container volumes at the Sharjah Container Terminal (SCT) in UAE rose 14% year-on-year in the first half of 2014, according to terminal operator Gulftainer. The rise in traffic was driven by robust UAE-East Africa trade as well as ongoing developments in Sharjah.

Published in Emerging Economies
Thursday, 14 August 2014 14:41

DP World convenes panel on PPPs in Somalia

DP World is bringing together senior government, non-government and industry leaders to discuss Public-Private Partnerships (PPPs) in Somalia.

Published in Emerging Economies

Iran’s Transport Minister Abbas Akhoundi is calling for private investment, both domestic and foreign, into the country’s ports.

Published in Regulation and Policy
Wednesday, 13 August 2014 14:31

Construction starts on Aqaba LNG jetty

Construction contractor BAM today reports that it has started building an LNG jetty in the Jordanian port of Aqaba.

Published in Energy Ports
Tuesday, 12 August 2014 13:17

APMT buys ZPMC cranes for Izmir terminal

APM Terminals Izmir today announced that it has ordered three ship-to-shore (STS) cranes and 10 rubber-tyred gantry (RTG) cranes from Chinese manufacturer ZPMC for its upcoming container terminal in Petlim port, on Turkey’s Aegean coast.

Tuesday, 05 August 2014 16:27

Egypt wants to dig a new Suez Canal

Egypt today announced plans to dig a second Suez Canal.

Published in Emerging Economies

The Israel Ports Company (IPC) has invited TIL, Eurogate, ICTSI and SIPG to submit their bids to operate the new container terminals being built in Ashdod and Haifa.

Published in Finance Deals

French manufacturer Gaussin Manugistique today announced that it has won a firm order from DP World, UAE Region for 127 Terminal Trailers (TT).

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.

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