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The Port of Prince Rupert on Canada’s west coast is to receive investment of $200 million from  Maher Terminals to expand capacity at its Fairview Container Terminal by approximately 60%.

Published in Finance Deals

Multinational cruise ship operator Carnival Corporation has announced plans to open its new $85 million port in the Dominican Republic by the end of this year.

Published in Emerging Economies
Wednesday, 11 February 2015 13:33

Hanjin quits Port of Portland

South Korean container carrier Hanjin Shipping has terminated its service to the Port of Portland, following strikes and protest by longshore workers that have disrupted traffic at the port.

Published in Regulation and Policy

The Port of Greater Cincinnati Development Authority along with the Northern Kentucky Port Authority have formally re-designated the Port of Cincinnati to include a larger geographic area, including a 226.5 mile reach of the Ohio River and a 7-mile reach of the Licking River.

Published in Regulation and Policy

President Obama’s recent 2016 budget has set aside $478 billion for infrastructure plans over the next six years but has created uncertainty for some port projects in the U.S. that had expected greater backing.

Published in Regulation and Policy

Investment of $62.5 million has been approved by the U.S. Army Corps of Engineers in order to fast-track dredging work to deepen the Delaware River main channel and improve access to the Port of Wilmington for larger vessels.

Published in Finance Deals

Icelandic shipping firm Eimskip has increased the frequency of container shipments between Europe and the U.S. Port of Portland, based on expected growth in demand on Atlantic routes.

Published in Regulation and Policy

The Port of Montreal is set to receive a $132 million expansion thanks to investment from the Canadian federal government and the Montreal Port Authority (MPA).

An estimated $2 billion is expected to be invested in improvements to ports, terminals, shipping and waterway infrastructure in the Great Lakes region in the period from 2014 to 2018, according to research from maritime consultancy Martin Associates.

Published in Regulation and Policy

Danish shipping line Maersk may be knocked off the top spot for containerised US imports by rival Mediterranean Shipping Company (MSC) for the month of December, according to data from PIERS, a division of the JOC Group.

Published in Regulation and Policy

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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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