More Fos logistics space

Sale is another step in XPO’s strategy to become a “pure-play LTL business.”

The Québec Port Authority (QPA) has announced plans to build a new deepwater container terminal in Québec City, at the site of its Beauport 2020, on the north side of the St Lawrence River.

Italian business interests are reportedly prepared to invest up to US$100M to build a new cargo handling terminal at Georgia’s Black Sea port of Poti. According to Pino Musolino, president of the North Adriatic Seaport Authority (Venice Porto Marghera and Chioggia), the project is aimed at expanding the port’s annual handling capacity by 50 Mtpa.

Italian entrepreneur Gabriele Volpi, who made his fortune in the Nigerian oil and gas supply sector, has come up with a €60M bid for Porto Marghera bulk terminal operator Terminal Intermodale Adriatico (TIA), which is in receivership. The offer, made through Orlean Investment Holding Ltd, is the only one that has come in.

Portugal’s ETE shipping group, which owns cabotage operator Transinsular, has made a proposal to the Cape Verde Government to establish a West African hub port operation. To this end, it has established two new companies, ETE Cabo Verde Operações Portuárias Lda and Transinsular Cabo Verde Transportes Marítimos Insulares de Cabo Verde Lda, and will shortly submit a proposal to take over the management and operation of the ports of Praia, Mindelo, Palmeira and Sal Rei. The management model –

The new chairman of the Port of Newcastle Board in New South Wales (NSW), Australia, Professor (Emeritus) Roy Green, has said that Newcastle needs to diversify away from coal and develop a container terminal.