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News from October 2009

Port of Tallinn gets $74m infrastructure investment loan

30th of October, 2009

The Estonian government has granted a loan to the tune of EEK 800 million (approximately US$74 million) to the Port of Tallinn for infrastructure development, according to reports.

Vitol takes control of Petroplus facilities at Port of Antwerp

23rd of October, 2009

Vitol Tank Terminals has agreed a deal to acquire a 100 per cent interest in the oil importation infrastructure operated by Petroplus Holding at the Port of Antwerp.

Vale details extensive investment budget for 2010

19th of October, 2009

Brazilian mining company Vale has released details of its investment budget for 2010, involving capital expenditures of US$12.9 billion across a number of business areas, including maritime terminals, shipping and railroads.

€500 million LNG project contract awarded

16th of October, 2009

Boskalis Australia, a subsidiary of Dutch company Royal Boskalis Westminster, has been awarded a €500 million contract for the construction of a port for the Gorgon LNG project off the coast of Western Australia.

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