Port of Gavle Working on Major Development Project
- Business & Finance
One of the largest container ports on the Swedish east coast, the Port of Gavle is working on an expansion project that will double the port’s capacity by the end of 2019.
Since its inception ten years ago, the port has reported large volume increases in its container traffic almost annually.
“In order to achieve continued growth, the Port of Gavle and Yilport Gavle are now doubling the container capacity. In a joint venture worth SEK 700 million (approx. €70.4 million), a second dock is being built with cranes and depth to accommodate more and larger container vessels,” reported the port.
Eryn Dinyovszky, General Manager of Yilport Nordic commented, “Within a 250 kilometer radius of Gavle, almost 17 million tonnes of steel, paper, and timber are produced every year. A lot of it is already being exported by sea, containerized and through us, and that volume will definitely grow.”
Fredrik Svanbom, CEO of Port of Gavle continued, “With stricter requirements for more environmentally sustainable transportation solutions, we are in an optimal location. The Port of Gavle is just two hours from Stockholm. First class road and rail connections make it beneficial for cargo owners to increase their imports through the Port of Gavle.”
Following the expansion and deepening works, the new container port will be able to handle four ships simultaneously. The expansion, which increases the port’s capacity to 600,000 TEU annually, is expected to be completed in the fourth quarter of 2019.