Expansion Plan Presented for Poti Sea Port

Image source: APM Terminals

APM Terminals Poti has presented its plans for the creation of a deep-water port to the Government of Georgia.

The plans require an investment of over $250 million of private capital for phase 1 and a substantial amount for phase 2 in an extensive development of the port infrastructure and superstructure.

This investment in the strategically important port of Poti is a proof of our commitment and belief in Georgia and the development of a transport corridor that stretches into Central Asia,” explained Keld Christensen, Managing Director of APM Terminals Poti.

The expansion project – the cost of which is negligible to the average Georgian taxpayer – will lead to a significant economic advancement for the country and region. Combining the best logistical solution for our customers and leveraging the know-how and resources of a world-class company, it will create more than a thousand jobs and business opportunities in and around the port.”

The expansion plan for Poti Sea Port consists of two stages of construction and development.

The first stage includes a breakwater of 1,700m and a 400m multipurpose quay with 13.5 m depth able to handle dry bulk cargo and an incremental 150,000 TEUs. This berth will be able accommodate container vessels of up to 9,000 TEU.

The second stage will include a 300m container quay equipped with 3 state-of-the-art STS cranes. It will double the annual container capacity at Poti Sea Port to over 1 million TEU.

The timeline for construction is estimated at 24-30 month. According to this planning the first stage would be completed in Q2 2022.

 

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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