Miami to Host Port & Intermodal Finance & Investment Conference

Press Release
Wednesday, March 06, 2013

Port authorities, terminal Operators, shipping Lines, intermodal companies & the financial community to attend upcoming Infocast conference.

Conference organizer, Infocast, brings its Port & Intermodal Finance & Investment Summit to Miami, FL on April 16-18, 2013, which will be hosted and sponsored by the Port of Miami.

In order to increase maritime commerce competitiveness, expand revenues, and create jobs, American ports are promoting multimillion dollar plans to seize the benefits of the greater number of post-Panamax ships expected to call at American ports as result of increased traffic through the Panama and Suez Canals. AAPA reports that U.S. ports and their private sector marine terminal partners are planning to spend at least a combined $46 billion in port-related improvements through 2016. The success of these plans will be considerably tied to ports’ ability to access financing.

A combination of reduced revenues and cut-backs in federal, state and municipal public funding make it a tough financing environment. As a consequence, port authorities are exploring how they can best create partnerships with private sector partners and the financial community to develop creative financial approaches that will enable them to move their plans forward. At the same time, terminal operators, third-party investors and other private sector players recognize that ports are sound investments and are looking for opportunities to support the financing of port and intermodal infrastructure expansion.

The Port & Intermodal Finance & Investment Summit will bring together port authorities, terminal operators, shipping lines, intermodal carriers and financial players to share their perspectives, establish a constructive dialogue, build understanding and ultimately develop the financial models that will support the pipeline of capital intensive projects on the drawing board. The Summit will serve as the major venue where the port, intermodal and financial communities gather to engage in the important work of creating new financial structures and to network in order to establish ongoing relationships.

Key players from the port, intermodal and financial communities participating in the summit include Hon. Governor Haley Barbour, Founding Partner of the BGR Group, who will be the keynote speaker and representatives from the Jacksonville Port Authority, APM Terminals, the Florida Department of Transportation, Goldman Sachs, the Port of Miami, Virginia Port Authority and Port of Houston Authority, along with many more.

For more information click here.

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

People & Company News

WSC CEO Koch to Retire in 2015

Chris Koch, current president and CEO of the World Shipping Council (WSC), will retire from his position on July 31, 2015, and WSC Senior Vice-President and General Counsel,

Cecon Secures Finances to Complete Newbuild

Cecon ASA has petitioned for a debt restructuring agreement (in Norwegian: gjeldsforhandling). Certain funds managed by York Capital Management Global Advisors,

HII Board of Directors Elects Two VPs

Huntington Ingalls Industries’ (HII) board of directors has elected Kellye Walker to serve as corporate vice president and general counsel and Charles R. “Chuck” Monroe Jr.

Ports

Port of Galveston to Repair Public Pier

Galveston Wharves’ board of trustees today unanimously approved a project to repair pilings and pier deck in the Pier 19 area of the port. The board awarded the contract,

Jaenichen Tours Port of Brownsville

The U.S. Department of Transportation’s Maritime Administrator Paul ‘Chip’ Jaenichen today visited the future site of a marine cargo dock at the Port of Brownsville made possible,

US Shippers, West Coast Dockworkers Union Resume Contract Talks

Negotiators for shipping lines and terminal operators at 29 U.S. West Coast ports resumed contract talks with the union for dockworkers on Thursday, as cargo backups continued at the ports,

Finance

Cecon Secures Finances to Complete Newbuild

Cecon ASA has petitioned for a debt restructuring agreement (in Norwegian: gjeldsforhandling). Certain funds managed by York Capital Management Global Advisors,

Libyan State Oil Firm NOC Will Remain Independent

Libya's Tripoli-based state firm National Oil Corp (NOC) will remain independent, it said on Thursday, in an apparent attempt to reassure foreign oil buyers it will stay out of the country's conflict.

Oil Prices Retreat from Short-covering Rebound

Global crude prices fell more than $1 a barrel on Thursday, retreating from a short-covering charged rally as traders bet the market had not shaken off a six-month long rout on oversupply concerns.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Ship Simulators Sonar
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: 0.1648 sec (6 req/sec)