Valencia to double box throughput with massive MSC investment
The
Spanish port of Valencia will get a fourth container terminal with Terminal
Investment Limited (TIL), a subsidiary of Mediterranean Shipping Co (MSC),
spending more than EUR1bn ($1.05bn) to develop the 5m teu facility to the north
of existing box infrastructure.
The new container terminal project
will have a surface area of some 137 ha and 1,970 m of berthing line and is being promoted as a green
site, with all electricity coming from renewable sources and cold ironing on
offer.
Last
year the port handled 5.6m teu, overtaking Piraeus to become the busiest
boxport in the Mediterranean.
The new container terminal project
will have a surface area of some 137 ha and 1,970 m of berthing line and is being promoted as a green
site, with all electricity coming from renewable sources and cold ironing on
offer.
Last
year the port handled 5.6m teu, overtaking Piraeus to become the busiest
boxport in the Mediterranean.
