Brazilian President Dilma Rousseff on Thursday announced the launch of the Logistics Investment Program for Ports, a program to encourage the modernization 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 [...]
![Severnaya Verf to Modernize Algerian Warships]()
Severnaya Verf shipyard and Algerian Navy signed a contract for integrated modernization of third pair of Project 1234E and Project 1159T ships. The contract was concluded under the agreement tied between FSUE Rosoboronexport and Algerian defense ministry. At present, Severnaya Verf is completing modernization of second two Algerian warships (Project 1234E corvette and Project [...]
![Kenya: KPA Under Pressure to Modernize Mombasa Port]()
Kenya Ports Authority (KPA) is under pressure to expand and modernize the Mombasa port. Dredging of the Kilindini Harbour is expected to be finished four months earlier. The work of dredging the channel to a depth of 15 metres and width of 500 metres, which is carried out by a Dutch firm Van Oord [...]
![Ecuador: APM to Modernize and Expand Manta Port]()
Ecuador’s state-owned Manta port authority APM expects to launch and award a concession for a project to modernize and expand the port by… By Juan Andres Abarca (bnamericas) Source: bnamericas, December 14, 2011
Modernization of Project 1144 Orlan nuclear-powered missile cruiser Admiral Nakhimov will start at Sevmash shipyard after 2012; the emphasis will be put on enhancement of missile arms, said the shipyard’s director general Andrei Diachkov in the interview to RIA Novosti. Cruiser Admiral Nakhimov has been mothballed at Sevmash for the recent ten years. “This would [...]
![Peru Plans to Invest Billions to Modernize its Ports]()
In pursuing efforts to modernize its port network, Peru plans to invest $3bn in the upcoming five years. Half of the investment will be provided by the private sector and the other half from the state through public-private partnerships. Ranked 106th out of 142 countries in the world in terms of port, this investment [...]
