Tag: port expansion

Hutchison Ports Pakistan, the country’s first deepwater container terminal, is expected to complete the second phase of its $600 million project by the next yearend to more than double the handling capacity. Phase II is planned to be completed by the end of 2020. 

Bladt Industries and Port of Frederikshavn have just signed a three-digit million DKK contract for the construction of a new oil terminal, which is planned to be constructed on the new part of the port in Frederikshavn. The terminal will be finished and ready for operation by the end of 2020, where it will be rented and operated by Stena Oil.

Abu Dhabi ports announced that they signed a Memorandum of Understanding with Dell Technologies, with the aim of joining their expertise in maritime and IT to develop technology based concepts, solutions and services, mostly for the marine sector.

Adani Yangon International Terminal was awarded approval from Myanmar in order to develop, operate and maintain the Ahlon International Port Terminal (2) in Ahlon, Yangon, on April 26. The approval comes as trade volumes are expected to grow in this area in the coming years. AIPT (2) will be built along 50 acres of land that the Myanmar Economic Corporation, the operator of AIPT (1), owns.

Adani Ports and Special Economic Zone Ltd handled a total of 200 mt in the year to March 2019. Now it aims to invest as much as Rs 57,594 crore, aiming to expand the capacity of India’s biggest commercial port at Mundra, Gujarat. APSEZ has applied for environment and coastal regulation zone (CRZ) clearances to increase the capacity of Mundra by 385 million tons.

Seabury Maritime announced that it acted as the transaction advisors to the Connecticut Port Authority in a public and private investment to redevelop State Pier into a modern port facility, expanding its economic potential while capturing new opportunities. The $93 million investment aims to transform State Pier into a modern facility, while also creating a platform for heavy lift cargo, like offshore wind components, to use Connecticut's ports.

The Baku International Sea Trade Port began cooperation with companies operating in the city of Venlo in the Limburg Province of the Netherlands, considered one of the transport and logistics hubs of Europe.

MPA Singapore announced that Mr Khaw Boon Wan, Coordinating Minister for Infrastructure and Minister for Transport, participated in the installation of the 221st and final caisson for Tuas Terminal Phase 1 reclamation on April 23. When the project is done, PSA Corporation will begin terminal development of deep-water berths that are able to handle about 20 million twenty-foot equivalent units (TEUs) per annum.

Port Tampa Bay has already finished its dredging project with the US Army Corps of Engineers, the Florida Fish and Wildlife Conservation Commission and the US Fish and Wildlife Commission. The project presented a nesting area that accommodates critically endangered shoreline birds. 

Tanjung Bruas Port Sdn Bhd (TBP), a member of MMC Group, announced that it now offers container ships services at its terminal, Tanjung Bruas Port. On Thursday, April 18, TBP accommodated its first container vessel West Scent and undertook its first ever project in handling containerized shipment. The West Scent will depart for China’s Humen port after completing its cargo operations.