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DP World today posted a volume growth of approximately 10% for the first half of the year, a result which its chairman Ahmed bin Sulayem attributed to “the addition of new capacity and a pick-up in global trade.”

Published in Emerging Economies

Socar subsidiary Petkim is contemplating selling 30% of its Petlim port, on the Turkish coast of the Aegean Sea, to Goldman Sachs for $250 million.

Published in Finance Deals

Iran’s private sector will invest 20 trillion rials (about $780 million) in the country’s projects to develop multipurpose ports and build passenger terminals, according to local media reports.

Published in Finance Deals

DP World raised $1 billion with a convertible bond issue of 10 years duration today. The Dubai-based port operator says the proceeds will be used to take advantage of growth opportunities and diversify funding sources.

Published in Finance Deals
Wednesday, 11 June 2014 14:31

For sale: minority share in Yilport

Turkish holding Yildirim is selling a minority share (20-30%) in its port management subsidiary Yilport.

Published in Finance Deals
Monday, 09 June 2014 09:29

Derince privatised for $543M

Turkey's privatisation administration (OIB) has granted the concession for the Derince port to energy firm Safi Katı Yakıt Sanayi ve Ticaret.

Published in Finance Deals
Wednesday, 04 June 2014 08:08

BAM completes new port in Aqaba

BAM International announced this morning that it has successfully completed the construction of a new port in Aqaba, Jordan, for Aqaba Development Corporation (ADC).

Published in Emerging Economies

APM Terminals, which operates Aqaba Container Terminal (ACT) in Jordan, today announced plans to enhance the capabilities of its subsidiary Aqaba Logistics Village (ALV).

Published in Emerging Economies

While few port projects remain up for grabs in Turkey, the country still offers investment opportunities. The attendees of the recent Port Finance International conference in Istanbul were briefed about how to recognise the most promising opportunities and make the best of them.

Published in Features / Interviews

Konecranes today announced that it has received an order for 18 Rubber-Tyred Gantry (RTG) cranes from DP World’s Yarimca container terminal in Turkey. The all-electric cable reel RTGs will be delivered in 2015, says the Finnish manufacturer.

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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