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Port of Valencia approves new container terminal project

Photo: Valenciaport View of Valencia Port
The board of directors of the Port Authority of Valencia (PAV) has approved the construction for the container quay of the north extension of the Spanish port, with a base budget of more than $570m of public investment.

MSC's port subsidiary, Terminal Investment Limited (TIL) will add over $1bn to the budget and will be responsible for the construction and operation, under an administrative concession, of the new container terminal.

The project is an initiative that will involve a combination of public and private investments of over $1.6bn to provide Valencia with a sustainable and modern container terminal, where power will come from 100% renewable sources and imply a 98% reduction in CO2 emissions, which will allow the supply of electricity to ships in port and with a clear commitment to the railway.

The new box terminal with a capacity of 5m teu, is expected to have a surface area of around 1.37 sq m and 1,970 metres of quay.

The project presented by TIL/MSC to Valenciaport includes automation, the use of advanced traffic prediction systems, the design of the buildings with energy efficiency criteria and the external lighting system with LED-type luminaires will minimise energy consumption.

Furthermore, TIL aims to develop a railway terminal equipped with six 1,000-metre-long tracks, with the capacity to move 305,000 teu per year by rail

TAGS: Europe