PHA Budgets $ 275 mi for Capital Improvements
In 2015, the Port of Houston Authority has budgeted $275 million for various capital improvement projects. About $184 million is being allocated to its container terminals for continuing development of Bayport and modernization at Barbours Cut, and another $35 million is for improvements at the Turning Basin’s general cargo and bulk terminals. The remaining 2015 capital budget funds will be used for railroad improvements…
Adani Group Revamps Businesses
Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced a composite Scheme of Arrangement (“Scheme”) for the demerger of the ‘Port Undertaking’ of AEL into APSEZ and demerger of the ‘Power Undertaking’ of AEL into APL and the emerging simplification of the corporate structure of the Adani Group.
Naval EXPO Coming to Washington
For the first time ever, the general public will be admitted free to the Naval Future Force Science and Technology EXPO general exhibit hall Feb. 4-5 where they…
Zamakona, Finnish GS-Hydro Ink Deal
The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.m.) in the auditorium of Zona Franca in the Las Palmas Port. The event, attended by leading companies from both Las Palmas Port and Canarias ´industry, attended by the President of the Port Authority of Las Palmas, Mr. Luis Ibarra, Zamakona Yards´ CEO in the Canary Islands, Mr. Álvaro Garaygordobil, Mr.