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Portugal News

 

Portugal to Invest $4.6b in Port Upgrades by 2035

Jul 30, 2025

Portugal's government announced on Wednesday an investment plan worth 4 billion euros ($4.6 billion) to expand and modernise its main ports over the next 10 years, 75% of which will be done by private companies.Infrastructure Minister Miguel Pinto Luz said the investment would be made in six ports, including the port of Sines - the closest deep-water European port to the U.S. coast - where the current terminal is being expanded and a new one will be built…

Logistics News

Rheinmetall, MSC Take Over Romania’s Mangalia Shipyard in $155M Deal

Rheinmetall, MSC Take Over Romania’s Mangalia Shipyard in $155M Deal

Baltic Index Hits Third Weekly Loss As Capesize Rates Remain Weak

Baltic Index Hits Third Weekly Loss As Capesize Rates Remain Weak

European Wheat Falls Alongside Shifts in the Euro, Russian Exports

European Wheat Falls Alongside Shifts in the Euro, Russian Exports

Oil Supertanker Rates Drop After Record Highs

Oil Supertanker Rates Drop After Record Highs

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