Investment News

 

Iberdrola Sells Stake in East Anglia One to GIG

Aug 14, 2019

Spanish public multinational electric utility company Iberdrola has entered into an agreement with Green Investment Group (GIG), part of Macquarie Group, to sell a 40% share in the East Anglia One offshore wind farm.The group will continue to be the majority shareholder…

DP World to Build $1.2B Port in Indonesia

Jul 25, 2019

DP World and Indonesia’s leading conglomerate Maspion Group have signed two preliminary agreements to create a $1.2 billion container port and industrial logistics park in East Java.It is the first joint venture of its kind in the Indonesian…

Chabahar Port Signs 11 Investment Contracts

Jul 24, 2019

Chabahar Port, the seaport located in southeastern Iran, on the Gulf of Oman, has signed 11 investment contracts.Considering this, it is expected that by the end of this year significant investments will be made in this port,  said the Director…

Iran's Amirabad Port Gets Investments

Jul 19, 2019

Iran's Amirabad port is attracting huge investments - 239 companies already committed investments, 13 of which are being under construction with 6700 billion Rials ($160mln ) worth of investment.“A new transit corridor will be formed on the axis of Amirabad - Dogharoon - Chabahar”…

EIB Invests in Low-Emissions Outboard Engines

Jul 08, 2019

The European Investment Bank (EIB) has signed a EUR 14 million venture loan agreement with Sweden’s Cimco Marine AB to co-finance its innovation and growth investments.As per the unsecured credit facility agreement, the EIB will finance up to…

Mitsui, JOGMEC join Arctic LNG-2

Jul 02, 2019

Japanese trading house Mitsui & Co and state-owned Japan Oil, Gas and Metals National Corporation (JOGMEC) have signed a sales and purchase agreement with Russia’s Novatek for a 10% participation interest in the Arctic LNG 2 project.The share will be acquired through the Dutch Company…

APM Terminals Invests in Barcelona Port

Jul 01, 2019

The international container terminal operating company headquartered in The Hague, APM Terminals has invested EUR 47 million (USD 53 million) in the Port of Barcelona over recent months.The most recent investment was the acquisition of 29 new straddle carriers…

Hutchison Ports, CN Rail to Build Terminal in Canada

May 29, 2019

Canadian Québec Port Authority (QPA) has signed a long-term commercial agreement with Hong Kong's Hutchison Ports and Canadian National Railway (CN) to build and operate a new container terminal, known as project Laurentia.The agreement increases…

Adani to Develop Container Port in Myanmar

May 23, 2019

India’s largest private multi-port operator Adani Ports and Special Economic Zone (APSEZ) will set up its first container terminal outside India in Myanmar at an estimated cost of US$ 290 million.Adani Group said that all requisite permissions…

PSA, PFR, IFM Jointly Acquire DCT GDAŃSK

May 23, 2019

PSA International Ptd Ltd (PSA), the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF) managed by IFM Investors have completed the transaction to jointly acquire DCT Gdańsk, the largest container terminal in Poland.DCT…

DP World Strengthen Brazil Ties

May 22, 2019

Brazil Minister of Foreign Affairs, Ernesto Henrique Fraga Araujo met with the global port operator DP World Group's Chairman and CEO, Sultan Ahmed bin Sulayem in the Brazilian capital, Brasilia this week.They discussed social reform, a stable…

Anzali Port Attracts Investments

Mar 10, 2019

Iran's Port of Anzali announced the start of operation and Exploitation of three investment projects in its port complex.According to HamidReza Abaei, the Director General of Ports and Maritime Affairs of Gilan province, Iran, began operations…

DP World to Invest in Kazakhstan Ports

Mar 06, 2019

The global port operator are in discussions with Kazakhstan government to invest in new infrastructure in the country’s ports and logistics sectors.The potential of DP World investing in new infrastructure in Kazakhstan’s ports and logistics…

Logistics News

UK Bill Banning Live Animal Export Ready for Royal Assent

UK Bill Banning Live Animal Export Ready for Royal Assent

DP World Opens New Sites in Romania

DP World Opens New Sites in Romania

Port of Hamburg Offering Shore Power for Containerships

Port of Hamburg Offering Shore Power for Containerships

Great Sodus Bay Breakwater Repair Out for Proposals

Great Sodus Bay Breakwater Repair Out for Proposals

Subscribe for Maritime Logistics Professional E‑News