Europe

Arcus European Infrastructure Fund has agreed a £760m takeover of Forth Ports, where it had previously been the biggest shareholder. The move comes on the back of a 20% increase in pre-tax…

First Quantum Group and its long-standing partner, Andrey Kobzar, have sold their 50% stake in the NUTEP (Novorossiysk) container terminal to an external investor for $115M.

Dragados-SPL - the Spanish port terminal operator with equity stakes in container operations in Bilbao, Valencia, Malaga and Las Palmas, and in general cargo terminals in Santander, Castellón and Sagunto - has…

The European Union is to finance 51 infrastructure projects costing a combined €170m ($241m) as part of its Trans-European Transport Network. In Italy, the River Information Services in the Northern Italian Waterway…

The port of Las Palmas has become the first in Spain to convert its port labour company, Sestiba, into a port stevedoring management company with limited liability (Sagep).

The current economic crisis has meant that €300m ($425.4m) of investment in the Spanish Mediterranean port of Sagunto has yet to go ahead. This was committed to the southern expansion of the…

The Portuguese port of Sines could benefit from the current instability at ports across the Middle East, claims the president of CIP. If access to the Suez Canal becomes increasingly difficult, it…

The Bulgarian government has issued a tender in respect of privatisation of Terminal 2A at the port of Burgas. This container handling facility, offering a 268,000 m² terminal served by 870 m…

Dockworkers in France ended a six week campaign of strikes, having reached an agreement with employers in respect of early retirement.

Russian company Global Ports Investments has hinted that it is to acquire new port assets in the near future, although declined to give specifics. The group, Russias largest container terminal operator, is…

Cádiz port authority has issued a tender for the first phase construction of new container terminal. The reference price is €90m ($123m) and work must be completed within 46 months. It is…

Malagas port labour company, SEMA, is to introduce short time working, which will affect 72 of its 180 stevedores. This is the result of a decision by Maersk to substantially reduce the…

Three professors of law in Portugal believe that it would be unconstitutional if the concession extension given to Lisbon container terminal operator Liscont were declared null and void.

Las Palmas Port Authority has given the go-ahead for the port labour company, SESTIBA, to be privatised. The process, which is expected to cost €15m ($20.5m), was included as part of the…

JP Morgan, the new owner of Dragados-SPL, has brought in an external consultant to look at the operational procedures of its Valencia terminal, Maritima Valenciana, to see whether these can be improved.…

Forth Ports PLC has added the Carbon Trust Standard to its environmental credentials after significantly reducing carbon emissions across the Group by over 4%.