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A consortium comprised of Dutch dredging companies Boskalis and Van Oord along with Abu Dhabi’s NMDC and Belgium’s Jan de Nul will carry out a $1.5 billion expansion project on the Suez canal.

Published in Finance Deals

Swiss power and automation specialist ABB has signed agreements to deliver crane automation and electrification equipment to APM Terminals Lázaro Cárdenas terminal in Mexico.

The port of Veracruz in eastern Mexico is planning to invest $1.8 billion to increase capacity by 400%. A tender for the first of two new dedicated container terminals will be issued in the first quarter of 2015.

Published in Finance Deals

Liebherr today reports that five of its mobile harbour cranes (MHC) started operating this summer in Chile and Guatemala, while a further two were delivered to Peru and others still were ordered by Costa Rican and Brazilian terminals.

Wednesday, 17 September 2014 11:02

CMA CGM adds Miami call

CMA CGM today announced that its Amerigo service will be introducing next month a new weekly call in Miami, which it says will develop market opportunities with Florida and Mexico.

Published in Emerging Economies

Ports in Seattle (Washington), Norfolk (Virginia) and Newark (New Jersey) are among the beneficiaries of this year’s TIGER grants awarded by the US Department of Transportation.

Published in Regulation and Policy
Friday, 12 September 2014 16:18

$20m grant for Seattle

The Port of Seattle will receive a $20 million federal grant that will go towards modernising one of its container terminals, Washington state senator Patty Murray has announced.

Published in Regulation and Policy

The Panama Canal Authority (ACP) expects to receive the last of the new lock gates for its expansion project in January 2015.

APM Terminals has lambasted the “underperformance” of Latin American ports, especially Brazilian ones, calling for “realistic and practical concession terms” to encourage Foreign Direct Investment (FDI).

Published in Regulation and Policy

Pembina Pipeline Corporation has entered into an agreement with the Port of Portland, Oregon to develop a propane export terminal through an expected capital investment of approximately $500 million.

Published in Energy Ports

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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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