Port of Hamilton receives $17.7 million federal government investment to modernize port infrastructure

Port of Hamilton receives $17.7 million federal government investment to modernize port infrastructure

Canada's Transport Minister Marc Garneau visited Hamilton to announce an investment of $17.7 million in the Port of Hamilton from the National Trade Corridors Fund (NTCF). The federal investment will be matched by the …
Nov 22, 2018 /  Finance
Fincantieri awarded a contract of over 200 million EUR by Windstar Cruises

Fincantieri awarded a contract of over 200 million EUR by Windstar Cruises

Fincantieri has signed a contract with Windstar Cruises (part of the Xanterra Travel Collection) (see also CruiseMapper), owners and one of the main operators in the field of high-end small ship cruises, for an …
Nov 16, 2018 /  Vessels
Port of Everett Breaks Ground on $36 Million South Terminal Wharf Modernization Project

Port of Everett Breaks Ground on $36 Million South Terminal Wharf Modernization Project

On August 15, the Port of Everett hosted a groundbreaking to commemorate the start of construction on the Port’s South Terminal Modernization project – the largest capital project in Port history by dollar …
Aug 16, 2018 /  Curious
Port of Gdansk modernises more quays

Port of Gdansk modernises more quays

In 2020, the Port of Gdansk will gain an expanded and modernised Oliwskie Quay. It is one of the elements of the investment programme co-financed from EU funds. Seven potential contractors tendered. The announced tender …
Mar 22, 2018 /  Vessels
Work on the $205Mln West Side Modernization Project for the Port Saint John’s Container Terminal Starts

Work on the $205Mln West Side Modernization Project for the Port Saint John’s Container Terminal Starts

Design Engineering Contract Awarded to Hatch Dillon JV Work on the $205 million West Side Modernization Project for the Port’s container terminal will soon become more visible. The West Side Modernization Project …
Apr 26, 2017 /  Finance
India to invest Rs. 14,225 crores on various Port Projects

India to invest Rs. 14,225 crores on various Port Projects

In order to bring the Major Ports in India at par with its contemporaries across the world, the Indian Ministry of Shipping has been emphasizing on creation of additional capacities through development and …
Jan 31, 2016 /  Curious
India Modernizing Shipping Sector

India Modernizing Shipping Sector

Despite its 4,300-mile coastline, India’s coastal shipping sector is considered to be still be its infancy. India is now investing in modernizing its major ports and its shipping ministry unveiled a five-year $10.7 …
Oct 8, 2015 /  Curious
Russian BS-64 Podmoskovye nuclear submarine launched after modernization

Russian BS-64 Podmoskovye nuclear submarine launched after modernization

Russia’s nuclear-powered submarine Podmoskovye was launched after undergoing modernization at the Zvezdochka shipyard in Severodvinsk on August 11. The Russian Navy submarine, NATO reporting name …
Aug 14, 2015 /  Vessels
Canada To Provide Partial Funding For Modernization Project Regarding Port Saint John

Canada To Provide Partial Funding For Modernization Project Regarding Port Saint John

Canada has decided to set aside federal funds in the amount of CAD 68.3 million (USD 53.8 million) for the purposes of a project aimed at modernizing the Westside terminals of Port Saint John. The project’s total …
Jul 9, 2015 /  Finance