Australia’s federal government has approved an environmental impact study granting mining conglomerate BHP Billiton with clearance to expand the outer harbour of Port Hedland that would more than double iron ore output by 2020.
The European Investment Bank (EIB) today said it would finance a key rail freight infrastructure project linking the port of Sines in Portugal.
Portugal is expected to announce reforms on the governance of ports and their labour regulations in June as part of conditions imposed under the country’s economic bailout in 2011.
Belgium's Port of Antwerp, Europe’s second largest port, has injected 1.75 billion rupees (€25m/ $31.35m) into Essar Ports, the fast-growing Indian port operator.
General Electric’s $300m investment agreement with EBX will help finance port investments at new ports in Brazil EBX said.
Stevedores at Santos, Brazil’s largest port are today continuing indefinite strike action over the government’s adoption of new working conditions.
The government of Guajarat in North-western India has opened a tender for a ferry company to run regular services in the Gulf of Cambay.
China Shenhua Energy has received approval to build a 3.82 billion yuan ($602.05 million) coal-loading facility at Tianjin port in eastern China, China Shenhua said on Tuesday.
A major renewable energy project to build and operate an offshore wind turbine terminal at Bremerhaven on the Weser River in Germany is one of the key upcoming European port projects expected to win finance from the European Investment Bank.