Denmark's Port of Aalborg Invests for New Growth

MarineLink.com
Thursday, October 10, 2013
Aalborg Østhavnen/Grønlandshavnen: Photo courtesy of the port

The Port's Board of Directors has approved an investment budget of 500 million kroner (about US$ 90,735,000) for the Port of Aalborg Group in the period 2014-2016.

An analysis prepared by the City of Aalborg Business Office and Business Network 9220 shows that companies in Aalborg East generally made it through the crisis, and that many of them are planning further growth already .



"The analysis has made me even more confident in my recommendation to the Board for approval of the massive investment framework for the port. Companies indicate a need for more land, production facilities, service buildings and technology based on an expectation that the Port of Aalborg and Aalborg - along with the state - will invest in the necessary improvements in the pressurized infrastructure, "says CEO Claus Holstein, Port of Aalborg A/S



The Board expects that the principles of the financial arrangements for the planned investments are in place at the end of the year.

"The decision on the level of investment is a clear signal that the port is now ready for new growth after the financial crisis. It is a commitment to the industry's efforts to improve efficiency and create new business activities for growth and development of society, not just in Aalborg, but throughout North Jutland, "says Henning G. Jensen.

Source: Port of Aalborg / Maritime Danmark

"The decision on the level of investment is a clear signal that the port is now ready for new growth after the financial crisis. It is a commitment to the industry's efforts to improve efficiency and create new business activities for growth and development of society, not just in Aalborg, but throughout North Jutland, "says Henning G. Jensen.


Source: Port of Aalborg / Maritime Danmark
 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Decade Old India Shipping Summit Makes History

In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain.

Liebherr to Deliver RTGs to Mayotte and Manila

Liebherr confirms orders for variable speed RTGs and electric RTGs. DPWorld Asian Terminals Inc. has placed an order with Liebherr Container Cranes for a further 5 RTGs at its Manila facility.

U.S. Navy Contracts 12 Rapid Response Skimmers

Kvichak Marine won a US Navy contract for 12 30-ft.Rapid Response Skimmers (RRS) for delivery over the next 18 months, with options for up to 30 additional skimmers to be delivered through 2019.

Ports

UN: Ship Inspections near Somalia for Arms, Charcoal

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday,

UN Authorizes Ship Inspections Near Somalia For Arms, Charcoal

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday,

Liebherr to Deliver RTGs to Mayotte and Manila

Liebherr confirms orders for variable speed RTGs and electric RTGs. DPWorld Asian Terminals Inc. has placed an order with Liebherr Container Cranes for a further 5 RTGs at its Manila facility.

Finance

Areva-Siemens Raises Claim Over Finnish Reactor Delays

The French-German consortium Areva-Siemens , the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Finnish utility Teollisuuden Voima (TVO),

Ezra Bags $70m in Offshore Contracts

Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group’s Subsea Services division,

WFW Advises ING Bank on $340m Loan Facility for Euronav

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.

Intermodal

NYK Line Joins PNW West Coast Metro Pool

Effective October 20, 2014, NYK Line has become a member of the PNW West Coast Metro Pool (WCMP) operated by Trac Intermodal. The WCMP operates chassis at all major marine terminals,

New Intermodal Rail Service from PortMiami

Florida East Coast Railway (FECR) and PortMiami, through a strategic alliance, are offering the Sunshine Gateway service, which includes on-dock intermodal rail capabilities.

Philippines Approves $3.7 bln worth of new PPP projects

Philippine President Benigno Aquino on Friday gave authorities the go-ahead to offer for tender 165.6 billion pesos ($3.7 billion) worth of new infrastructure projects

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Pipelines Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1865 sec (5 req/sec)