The Kenya Ports Authority (KPA) will spend approximately US$193 million to modernize four berths at the Port of Mombasa to handle both container cargo and goods not packed in containers, according to Reuters, which quotes the KPA’s Managing Director.
The Port of Montreal has announced an investment of approximately US$27.7 million, to be split 50/50 between itself and the Canadian government, in the latest round of funding to be injected into the country’s maritime, transport and logistics sector.
South Korea has unveiled its plan to invest USD $35.2 billion by 2040 to enhance the country's cargo-handling capacity at twelve ports across the country, according to national outlet Yonhap News.
The Canadian government has announced an investment of approximately US$35 million for the Port of Nanaimo to make significant infrastructure improvements and expansions at its Duke Point facilities. According to a statement, the investment was announced by Marc Garneau, Canada’s Minister of Transport, following months of work with the Port of Nanaimo team, which included […]