The Philippine Ports Authority has awarded International Container Terminal Services (ICTSI) a 25-year concession contract to develop and operate the Iloilo Commercial Port Complex (ICPC) in Iloilo province in the Philippines’ Western Visayas region. The facility will operate under the name Visayas...
US Senators Reverend Raphael Warnock and Jon Ossoff have confirmed the allocation of US$15 million in US Department of Transportation funding to help upgrade the existing infrastructure at the Port of Brunswick in Georgia. According to the Georgia Ports Authority (GPA), the bipartisan...
A DKK1 billion (US$145.9 milion) tender has been launched calling for interested parties to submit proposals for the expansion of the Port of Hirtshals in Denmark. The objective of the expansion is to significantly improve the navigation conditions and optimise the port’s facilities, allowing even...
Private sector investment bank IDB Invest will provide US$103 million in financing to Terminal Cuenca del Plata (TCP), including the mobilisation of resources for US$46 million from Banco Bilbao Vizcaya Argentaria (BBVA) for the design, construction, and operation of the expansion of the Port of...
Plaquemines Port Harbor and Terminal District (Plaquemines Port) has entered into a letter of intent with APM Terminals to build a new container terminal on the West Bank of Plaquemines Parish, Louisiana. Plaquemines Port will lease the land to APM Terminals under a 30-year agreement with extension...
Germany’s Niedersachsen Ports has begun operating a newly constructed jetty built specifically to handle the offloading of LNG from floating storage and regasification units (FSRU). The Port of Stade is the second port in Lower Saxony to feature a dedicated LNG jetty that will be put into operation...
WORK BOAT WORLD: Sonia Malaluan has been selected to serve as the new administrator of the Philippines’ Maritime Industry Authority (MARINA), taking over from Hernani Fabia. Malaluan was previously MARINA’s Deputy Administrator for Planning, serving in the post since November 2022. She has spent...
A consortium of international institutions is supporting the development of a second container terminal in Damietta Port in Egypt, thus tripling the port’s container capacity. Damietta Alliance Container Terminals is a special purpose vehicle (SPV) established by Eurogate, Contship Italia, Hapag Lloyd, the MELC Group and Ship and C.R.E.W. to design, develop, operate, and maintain […]
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UAE-based the AD Ports Group has entered into a definitive concession agreement with the Red Sea Ports Authority of Egypt for the development and operation of a multi-purpose terminal at Safaga Sea Port. The collaboration will see an investment of US$200 million over three years with the aim of...
A consortium formed by marine construction specialists Saudi Archirodon and DEME has been awarded the second phase of transformation work for the Port of NEOM, the primary seaport of entry to northwest Saudi Arabia. Based in Oxagon, the Port of NEOM is strategically located along the coast of the...