Port Development News - page 2

 

Vopak Consortium Selected to Operate New LNG Terminal in South Africa

Jan 10, 2024

South Africa has selected a Vopak consortium as the preferred bidder to develop and operate a liquefied natural gas (LNG) terminal at the Port of Richards Bay, state-owned Transnet National Ports Authority (TNPA) said on WednesdayThe Vopak Terminal…

Egypt Inks Deal with Abu Dhabi Ports Group to Develop Red Sea Port Terminals

Jan 04, 2024

Egypt has signed a deal with Abu Dhabi Ports Group for the company to develop, operate and maintain passenger and ship terminals at the Red Sea ports of Hurghada, Safaga and Sharm El Sheikh, its transport ministry said on Thursday.(Reporting by Moemen Said Atallah; Editing by Jan Harvey)

Port of València Approves Tender for New Container Terminal

Dec 28, 2023

The Council Port Authority of València has approved in an Extraordinary Board of Directors meeting the specifications that includes the legal and economic conditions for the tender of the new terminal located in the northern extension of the Port of València…

$73.77 Million Grant a Boost for Port NOLA & Inland Waterway Shipping

Dec 20, 2023

The Port of New Orleans (Port NOLA) will receive $73.77 million from the federal government to assist in building the Louisiana International Terminal (LIT) project, which will provide a gateway for cargo movement on U.S. inland waterways including the Mississippi River…

IHI, Vopak Ink Agreement to Develop Ammonia Terminals

Nov 21, 2023

Dutch tank storage company Vopak has signed an initial agreement with Japan's IHI Corporation to explore the development and operation of ammonia terminals, as they expect demand for the low-carbon fuel to grow amid energy transition.The companies…

APM Terminals Callao Gets Green Light for Development Works

Nov 15, 2023

APM Terminals Callao in Peru announced it has received environmental authorization to start Stage 3ª development Works at the Multipurpose North Terminal. The operator said its approach to environmental management received approval from the…

Fincantieri Set to Grow Its Shipbuilding Footprint in Ancona

Nov 13, 2023

Fincantieri announced on Monday it has reached a deal that will allow it to expand its shipbuilding footprint in the port of Ancona.The Italian shipbuilding company said it has signed a program agreement with the Port System Authority of the…

New Soda Ash Shipping Facility to be Built in Vancouver, US

Oct 11, 2023

Belgian multinational chemical company Solvay and Vancouver Bulk Terminal are teaming up for the redevelopment of Terminal 2, Berth 7 at the Port of Vancouver USA, in Washington state.Reconstruction is set to begin in 2024 and expected to be completed by early 2026…

Australia to Help Finance Tonga Port as Climate Worsens Pacific Infrastructure Gap

Sep 26, 2023

Australia said it will grant A$31 million ($20 million) to Tonga to complete a vital port upgrade, boosting funds from the Asian Development Bank, as Canberra focuses on building climate resilient infrastructure.The Pacific Islands region faces…

APM Terminals Lazaro Cardenas Begins $140 Million Expansion

Sep 05, 2023

APM Terminals Lazaro Cardenas has begun the construction of its Phase II $140 million expansion. This project will increase the capacity of the first semi-automated facility in Latin America with an additional one million TEUs and position it as a hub for the Americas region…

McCarthy Completes Berth Construction at Port Freeport

Jul 03, 2023

McCarthy Building Companies, Inc. has completed construction of Berth 8 at Port Freeport, Texas. Part of the Velasco Terminal, Berth 8 features over 925 feet of berth and an associated roll-on/roll-off dock extension. The expansion represents…

Port of Oakland Turning Basins Proposed Project Reaches Key Milestone

Jun 30, 2023

The Oakland Harbor Turning Basins Widening Navigation Study has reached another milestone. The comment period for the second draft of the Integrated Feasibility Report (IFR) closed on June 16, 2023. The end of the comment period signals the beginning of the next phase of the proposed project…

AD Ports Signs on to Develop Karachi Port

May 22, 2023

AD Ports Group said it has sign a memorandum of understanding (MOU) with the Karachi Port Trust (KPT) paving way for enhanced bilateral cooperation and increased efforts in the development, expansion and digitalization of port projects within Pakistan…

Temporary Barge Quay Constructed at Europa Terminal in Antwerp

May 17, 2023

A temporary barge quay has been constructed at Europa Terminal in Antwerp to allow smooth service during works during the first phase of the terminal's renewal project.Operational as of Wednesday, the quay is temporarily creating additional mooring space for inland navigation…

COSCO Halts Works on Port in Peru After Landslide

May 16, 2023

China’s COSCO Shipping Holdings suspended construction on a tunnel for a major port project in northern Peru after a partial landslide struck, a company official said on Tuesday.The company is working to understand what caused the landslide…

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