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Real Estate Developers News

01 Oct 2019

Port of LA to Develop Cruise Terminal

The Port of Los Angeles has announced a development opportunity for an Outer Harbor Cruise Terminal at Berths 46 and 50, with plans to release a Request for Proposal (RFP) later this fall.The proposal is intended for cruise lines, terminal operators, and real estate developers interested in creating a new state-of-the-art cruise terminal in a prime location for expansion of west coast cruise travel at America’s busiest port. Located on the south end of an extensive LA Waterfront development, the proposed 13-acre site offers unique panoramic views of the coastline and Catalina Island. The area is currently used as a concert venue, special event site, and temporary berth location for cruise ships.

25 Apr 2015

H-Energy to Build Floating LNG Terminal in West Bengal and Canada

Business Standard reported that real estate developer Hiranandani Group plans to set up a INR 2,400 crore floating LNG import terminal off Haldia, West Bengal and supply imported gas to users as far as Paradip in Odisha. H-Energy Pvt Ltd, the Energy arm of the Hiranandani Group, plans to set up a 4 million tons a year floating storage and Re-gasification unit (FSRU) some 115-km off the Haldia coast by first quarter of 2019. In the Natural Gas business, upstream integration is common. In order to achieve logistical integration with its regasification Projects in India, H-Energy is seriously examining the option of setting up a 13.5 MMTPA natural gas Liquefaction terminal in Canada.

04 Feb 2013

GAC USA Expansion continues

GAC USA expansion continues with ground breaking of new Houston warehouse; Construction to start on LEED registered building in Central Green Business Park. GAC, a provider of integrated services to the shipping, logistics and marine industry, has announced the official start of construction of its new office and warehouse building in Houston's Central Green Business Park. GAC will consolidate its existing warehouses with the new LEED (Leader in Energy and Environment Design) registered 181,067 square-foot cross dock building which includes four acres of outside storage space.

08 Jan 2009

Dubai Maritime City Progresses

Dubai Maritime City, the world’s first purpose-built maritime centre and part of the Dubai World Group of companies, continues to achieve major development milestones and confidently progresses towards its 2012 completion date. Infrastructure for the Industrial Precinct of the unique maritime development is set to continue significantly during 2009 making it fully operational ahead of schedule with 85 per cent of the work complete. Groundwork for the Commercial Precinct is at 65 per cent, while roadwork is in the final stages.