Port Development News - page 2


Jefferson County Port Authority Buys Land for New Mississippi River Terminal

Sep 13, 2024

The Jefferson County Port Authority (JCPA) has finalized the purchase of approximately 18 acres along the Mississippi River in Herculaneum, Missouri, in a $20 million deal with Riverview Commerce Park, LLC (RCP). This acquisition marks the establishment…

New Deepwater Berth Opens to Accommodate Offshore Wind Vessels in New Bedford

Aug 29, 2024

The New Bedford Foss Marine Terminal (NBFMT) this month opened its first deepwater berth to accommodate vessels serving North America’s emerging offshore wind sector.This milestone, reached after two years of demolition and construction, marks…

Poland Will Build Port for Nuclear Power Plant

Aug 29, 2024

An agreement regarding the multi-sector project Marine Off-Loading Facility “MOLF”, which is an element of the infrastructure accompanying the construction of the first nuclear power plant in Poland at the Lubiatowo-Kopalino location, was signed in the presence of Dariusz Klimczak…

Yilport Planning $1.6 Billion Ports Expansion in El Salvador

Aug 12, 2024

Turkish holding company Yilport will invest an expected $1.62 billion to expand two ports in El Salvador and operate them jointly with the local port authority, the government of the Central American country said.Salvadoran President Nayib Bukele…

Partners to Develop LNG Terminal on Mexico's West Coast

Aug 07, 2024

Energy company GFI LNG and energy infrastructure developer Pilot LNG announced a partnership to develop, construct and operate a small-scale liquefied natural gas (LNG) terminal in Salina Cruz, Mexico.The partners said they plan to commence…

Port of Rotterdam to Support Curaçao Industrial Zone Redevelopment

Jul 17, 2024

Port of Rotterdam Authority will contribute to the redevelopment of the lands owned by the state-owned company Refineria di Kòrsou (RdK). In addition to traditional uses, these lands will be used for several new future-proof sustainable economic activities…

New Cruise Terminal to Be Built in Port of Klaipėda

Jul 12, 2024

Lithuania's Port of Klaipėda said it is moving forward with plans to build a new cruise ship terminal following the conclusion of screening procedures for the assessment of potential environmental impacts.The Environmental Protection Agency…

Adani Aims to Complete Phase One of Long-delayed Port by Year-end

Jul 12, 2024

Adani Ports expects to complete the first of four phases of a key transshipment container port in southern India this year, it said on Friday, firming the timeline for a project already delayed by six years due to protests by locals.The Vizhinjam…

Construction of Germany's First Land-based LNG Terminal Starts

Jun 28, 2024

The construction of Germany's first land-based liquefied national gas (LNG) terminal at the inland port of Stade kicked off on Friday with the goal of starting operation in 2027, said the project firm Hanseatic Energy Hub (HEH).The project on…

India Approves $9-billion Port to Boost Trade with Europe

Jun 19, 2024

India's cabinet approved development on Wednesday of a new deep-water port that the government said will be a crucial part of a plan to connect the Asian country with Europe by sea and rail links through the Middle East.The Vadhavan port will be built on India's western coast…

Ports of Indiana Says It Aims to Develop Container Terminals

Jun 17, 2024

The Ports of Indiana Commission approved Resolution 24-01 to launch “The Indiana Container Initiative” in support of developing multiple international container terminals within the state of Indiana.As a statewide port authority, Ports of Indiana…

Construction Begins at South Brooklyn Marine Terminal

Jun 10, 2024

A groundbreaking ceremony on Monday signaled the start of construction on what will be the nation’s largest dedicated offshore wind port at the South Brooklyn Marine Terminal (SBMT) in New York City.The 73-acre site that will serve as the operations and maintenance hub for Equinor's Empire Wind 1…

Public-private Partnership to Build $635 Million Port Terminal in Delaware

Jun 05, 2024

The State of Delaware will join the private operator of the Port of Wilmington, Enstructure, to build a new port terminal at a site in Edgemoor, Delaware. The Edgemoor industrial site was purchased in 2017 by the taxpayer-owned Diamond State…

Conflict Heating Up Over Cosco's Megaport in Peru

May 08, 2024

The Chinese state-owned company at the center of a dispute over operations of a megaport it is building on Peru's Pacific coast insisted on Tuesday on terms agreed with the government, as some local officials have sought to backtrack on the deal…

Peru Seeks to Avoid Arbitration Over Chinese-built Mega Port

Apr 29, 2024

The Peruvian government is looking to avoid an international arbitration process which could be filed by Chinese port operator Cosco Shipping over a legal dispute regarding exclusivity rights to a massive facility being built by the firm, an official said on Monday…

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