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EU grants €27.4 million to the Port of Galați

The European Commission announced that, under the EU State aid rules, it will provide a €27.4 million investment aid to Romania’s Port of Galați, the largest sea-river port in the country. The overall investment will cost €89.9 million.

BPA welcomes government’s plans on establishing Freeports

Following the recent events where the British Government announced its plans on ten Freeports that will boost UK’s economic growth after the Brexit, the British Ports Association applauds the plan and highlights that the UK ports will be extremely benefited.

UK to create 10 Freeports boosting economy after Brexit

The UK Government announced its plan on establishing Freeports after Brexit, to boost the UK’s growth and ensure towns and cities across the UK benefit from Brexit trade opportunities, as British ports and airports will be invited to bid to become one of up to ten Freeports.

Djibouti challenges Rule of Law in Doraleh container terminal

DP World stands against a decision to be taken later this week by the government of Djibouti to implement the country’s high court to rule all previous international adjudications. The company said that such a decision is ‘a complete disregard for and contravention of the global legal system and existing contracts.’

Cruise Belfast opens first dedicated cruise terminal

Cruise Belfast, a collaboration between Belfast Harbour and Visit Belfast, opened the first dedicated cruise terminal on the island of Ireland to cater for Belfast’s growing popularity as a cruise destination. 

Malaysia’s PTP upgrades terminal operating system

Malaysia’s largest port operator, Pelabuhan Tanjung Pelepas Sdn Bhd, announced it is upgrading its terminal operating system, as a part of its smart operations to boost exports for Malaysian companies. The port operator rolled out on July 11 its upgraded American terminal operating system Navis N4.

Container terminal utilisation rates set to increase

The outlook for global container port demand is modest growth and a number of uncertainties, but capacity expansion plans are also muted. This means that most world regions will face an increase in average terminal utilisation, according to the Global Container Terminal Operators Annual Review and Forecast 2019, by Drewry.

US Navy to build port facility in Australia

The US is planning to construct further military infrastructure in Australia, when the Congress gives approval to the US Navy to be allocated $211.5 million, according to the Australian Foreign Minister Marise Payne. Australian media reporting that the US wants to build a new port facility near Darwin.

VLCC export terminal to be built off Texas

Enterprise Products Partners and Chevron US. Inc., announced long-term agreements, aiming to support the development of Enterprise’s Sea Port Oil Terminal in the Gulf of Mexico. Enterprise’s SPOT project includes onshore and offshore facilities, such as a fixed platform located around 30 nautical miles off the Brazoria County, Texas.

Sabine-Neches waterway expansion starts in September

The US Army Corps of Engineers (USACE) and the Sabine-Neches Navigation District (SNND) signed the deal on July 29, marking the beginning of constructions of the channel improvement project in late September.

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