MSC presents the only offer for the new terminal at the Port of Valencia
The deadline for submitting bids for the construction and management of the northern extension of the port of Valencia ended on 8 May. The shipping company MSC has presented the only offer for the construction of what would be the fourth container terminal of this port facility.
The Swiss group would thus control two of the container terminals of this enclosure. It already controls one of the 337,000 square metre terminals, the smallest of the 3 already existing in the port of Valencia, with a limited capacity to operate. By acquiring this new terminal, it will allow it to stow both its own ships and those of third party public shipping companies.
The acting president of the Generalitat Ximo Puig, has announced this great news, and according to El País, “the construction of this terminal will mean a great investment and will create more than 7,000 jobs”. He has also assured that this expansion of the port will positively affect Valencian companies that export their products, thus generating a great possibility of development.
This future terminal will cost around 1,200 million euros, and will add a space to the port of approximately 5 million TEU, thus ensuring that port traffic grows exponentially.
This expansion will position the port of Valencia as the leading port in the Mediterranean, with the capacity to operate 12 million containers a year, and making it the third port in Europe, fighting with the port of Bremen, and behind the port of Rotterdam and Hamburg.