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

People & Company News

Korean Ferry Sinking: Number Missing Increased Threefold

More than 300 people were missing after a ferry sank off South Korea, the coastguard said on Wednesday, with a three-fold increase in the number of passengers unaccounted

Samsung Heavy Takes Up 7 Container Ship Order

South Korea's Samsung Heavy Industries said on Wednesday that it is proceeding with a project worth 642.9 billion won ($617.67 million) to build seven container ships as planned.

South Stream Gas Pipeline Re-route via Turkey Possible

Turkish Energy Minister Taner Yildiz said on Wednesday that Ankara would consider the passage of the South Stream natural gas pipeline through Turkey if Russia made such a request.

Ports

Hong Kong Tin Hau Festival

The Tin Hau Festival at Tai Miu Wan will be celebrated this year on 22 April 2014. Coxswains, owners and operators of local vessels are advised that arrangements

Port New Orleans Unveils New Logo

The Board of Commissioners of the Port of New Orleans unveiled a new modern, streamlined logo today to kick-off the 6th annual Critical Commodities Conference.

Valparaiso Port Partially Operative after Fire

The port at Chile’s Valparaiso is operating and terminals working, albeit at a slower than usual pace, despite the effects of the fire which swept through part of the city at the weekend,

Finance

Litigation Can Cost Shipbrokers an Arm & a Leg

A survey of London solicitors by specialist intermediaries insurer ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts,

Scorpio Tankers' Latest Sale & Purchase Deals

Scorpio Tankers says it recorded a gain of US$51-million from the sale of the 7 VLCC newbuilding contracts announced earlier. In March 2014, the Company received

Topaz secures another West Africa contract

Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announced a new contract win for

 
 
Maritime Contracts Maritime Standards Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | 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: 0.1228 sec (8 req/sec)