News from March 2009 - Page 2 of 4
Krishnapatnam Port secures $790m funding
19th of March, 2009
Krishnapatnam Port in India is to move ahead with the second phase of planned development at the deep water port after reaching agreement with a consortium of banks to provide the remaining financing required for the Rs 4,000 crore (approximately US$790 million) project, according to local reports.
DP World takes over at Port of Algiers
19th of March, 2009
DP World has officially taken control of operations at the Port of Algiers, now known as DP World Djazair, following the agreement of a 30-year concession and with plans in place for further development.
Agreement on RMB 6bn Dalian Port project
18th of March, 2009
Dalian Port (PDA) Company Limited has announced that it has entered into a joint venture agreement with PetroChina and Dalian Construction Investment for the development of a RMB 6 billion LNG terminal in Xingang, Dalian.
?136m financing agreement for Gate Terminal
18th of March, 2009
Gate Terminal BV has signed a €136 million financing agreement with the European Investment Bank (EIB) and a syndicate of eight international banks for the expansion of the first Dutch Liquefied Natural Gas (LNG) import and regasification terminal on the Maasvlakte, near Rotterdam.
Tianjin Port takeover agreed
17th of March, 2009
Tianjin Port Development Holdings Limited has entered into a sale and purchase agreement with Tianjin Port Group to conditionally agree to acquire a 56.81 per cent stake in Tianjin Port Holdings Co., Ltd. at a cost of HK$10.96 billion (approximately US$1.4 billion).
MPIC denies Manila port deal pull-out
17th of March, 2009
Metro Pacific Investment Corporation has denied reports that it has removed itself from a consortium bidding for an 25-year operating concession for the North Harbor in Manila, with a statement to the Philippine Stock Exchange.
$137m investment for Malaysian port
17th of March, 2009
Johor Corp Chief Executive Officer, Tan Sri Muhammad Ali Hashim, has said that the company intends to invest RM500 million (approximately US$137 million) in 2009 in the expansion of the Tanjung Langsat Port.
PetroChina agrees Jiangsu LNG joint venture
12th of March, 2009
China National Petroleum Corporation has reported that its oil and gas distributor subsidiary PetroChina has agreed a contract to become the majority partner in a joint venture for the development of an LNG terminal at Jiangsu.
CenterPoint makes Port of Virginia proposal
12th of March, 2009
CenterPoint Properties has proposed a US$3.5 billion deal to take over the operation of the Port of Virginia to State authorities, including a 60-year concession and profit sharing arrangements.
Agreement on $791m LNG terminal finally reached
12th of March, 2009
Cochin Port Trust and Petronet LNG Limited have reached agreement on plans for the construction of a US$791 million LNG terminal, to be operational in 2012.
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