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Montreal?s Cast set for capacity boost

7th of June, 2010

7/6/10: The Port of Montreal’s Cast Terminal is too receive more than C$10m ($9.4m) in funding to boost capacity and “to better meet the needs of marine carriers”.

HTL to build Malta terminal

1st of June, 2010

1/6/10: Horizon Terminals Limited (HTL), a wholly owned subsidiary of Emirates National Oil Company (ENOC), is to construct a new terminal in close proximity to Malta’s Marsaxlokk Port.

Saudi Arabia restarts port privatisation

1st of June, 2010

1/6/10: The Saudi Ports Authority (SPA) has established a new private company to manage all eight of the Kingdom’s ports in the run up to their eventual privatisation.

Ningbo seeks IPO

1st of June, 2010

1/6/10: Ningbo Port, China’s second largest port after Shanghai, is looking to raise RMB 13.3bn ($1.9bn) from a proposed IPO on the Shanghai Stock Exchange.

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