News from April 2009
Port of Phnom Penh requests $30m from Korea
6th of April, 2009
The South Korean government is being asked to provide US$30 million in loans for a construction project at the Port of Phnom Penh, Cambodia, according to local reports.
$1bn committed to African infrastructure development
6th of April, 2009
A number of international development partners have agreed to over US$1 billion of funding to support trade facilitation in Africa with the launch of the North South Corridor, an initiative that will include a number port infrastructure projects.
Qatargas-2 project inaugurated
6th of April, 2009
Qatargas has announced the inauguration of its Qatargas-2 project, which it describes as "the world’s first fully integrated value chain LNG venture" including the development of an LNG receiving terminal in the UK.
Port of Tuticorin receives Expressions of Interest
6th of April, 2009
The Port of Tuticorin in India has reportedly received two Expressions of Interest (EoI) in a proposed Rs 1200 crore (approximately US$240 million) project to construct a new power plant at the port.
Florida ports call for increased investment
6th of April, 2009
The Florida Ports Council and the Florida Maritime Leadership Coalition have released a new study examining the economic effects of port development in the state, and called for more funding from the legislature for investment in ports to help boost the economy.
Dalian Port Company to review and refinance
3rd of April, 2009
Dalian Port Company Limited (PDA) has announced that it is to review its planned infrastructure investments for the coming year and look to restructure its financing on the back of the global financial slowdown.
Houston awards $35.9m container yard contract
1st of April, 2009
The Port of Houston Authority (PHA) has approved the award of a US$35.9 million construction contract to McCarthy Building Companies for the construction of a container yard at Bayport Terminal.
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