News from March 2009 - Page 1 of 4
Consortium agrees $227m Paita deal
31st of March, 2009
The Port of Paita in northern Peru is to to be substantially developed following the agreement of a US$227 million deal between a consortium of Portuguese and Peruvian companies.
China and India development mooted for NYK
30th of March, 2009
Japan's NYK Line (Nippon Yusen Kabushiki Kaisha) is reportedly planning to embark on a number of new construction projects in China and India, to expand available car shipping terminals in the countries' ports.
3i sells Mundra stake
30th of March, 2009
3i Group has sold most of its stake in the Port of Mundra in an open sale on the Indian National Stock Exchange, for approximately US$33 million.
Alabama looks for private sector interest in port development
26th of March, 2009
The Alabama State Port Authority (ASPA) has issued a request for expression of interest (RFEI) in the 74-acre Garrows Bend Intermodal Container Transfer Facility (ICTF) in which the Port Authority is seeking private sector participation from terminal operators/developers in the development of the intermodal terminal.
Transnet agrees $360m Japan deal
26th of March, 2009
Transnet Limited and the Japan Bank for International Cooperation (JBIC) have signed a ¥35 billion (approximately US$360 million) untied loan agreement to help to fund the widening and deepening of the entrance to the Durban harbour, part of Transnet’s capital investment programme.
DP World to cut capacity expansion by 50%
25th of March, 2009
Dubai Ports World has announced that it is to scale back expansion plans in the face of the global economic downturn, though it still expects its capital expenditure to be in the region of US$800 million for 2009.
USTDA grants $1.2m to Colombian ports
25th of March, 2009
The US Trade and Development Agency (USTDA) has awarded three grants totalling more than US$1.2 million to support expansion of the port sector in Colombia, with the grants to be used to fund feasibility studies for projects at the Port of Salgar, Port of Buenaventura and the Ports of Cartagena and Contecar.
Babcock & Brown moves closer to Dalrymple Bay sale
25th of March, 2009
Babcock & Brown Infrastructure, through its subsidiary BBI (DBCT) Management Pty Limited, has engaged Macquarie Capital Advisers Limited as advisers for the sale process of one of its flagship assets, the Dalrymple Bay Coal Terminal (DBCT), which could see the company relinquish its entire stake in the terminal.
Jawaharlal Nehru looking for RFQs on $1bn project
23rd of March, 2009
Jawaharlal Nehru Port Trust (JNPT) is inviting applications from interested parties to submit a Request For Qualification (RFQ) to be considered for bidding on the US$1 billion development project for the port's planned fourth container terminal.
Oakajee Port rights granted by WA government
20th of March, 2009
Oakajee Port and Rail (OPR) has signed a State Development Agreement with the Government of Western Australia that will grant OPR exclusive rights in the development of Oakajee Port and its associated rail infrastructure.
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