Brazilian President announces R$54billion plan to modernise country’s ports

Brazilian President Dilma Rousseff has announced the launch of the Logistics Investment Program for Ports, a R$54billion scheme to encourage the modernisation of the management and infrastructure of the country’s ports, boost the expansion of private investment in the sector, decrease costs and increase efficiency. “We want to inaugurate a new era with the modernization […]

Income increase for International Container Terminal Services

Port management company International Container Terminal Services (ICTSI) saw its income increase by 4% over the first nine months of the year. Consolidated unaudited financial results showed it to be $105.8million compared to $101.4m earned during the same period last year. Revenue from port operations earned $524.7m, 7% higher than the $490.9m reported last year; […]

Irish ports ready for growth in offshore marine renewable energy services

Irish ports are in a good position to take advantage of the growing demand for offshore marine renewable energy services. That’s according to a report published today (Thursday) by the Irish Maritime Development Office, which provides a detailed summary of information on Irish port infrastructure, facilities and management plans in relation to meeting the requirements […]