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Home›Business development›Terminal XXI deal for ETERMAR/MOTA-ENGIL
Business development

November 23, 2020 · about 5 years ago

Terminal XXI deal for ETERMAR/MOTA-ENGIL

Consortium ETERMAR/MOTA-ENGIL has won a tender launched by PSA for the extension of Terminal XXI in Port of Sines. According to an official announcement, this project will extend the actual quay to a total length of 1150m until the end of 2021, representing a private investment of 16.5 million euros

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Terminal XXI deal for ETERMAR/MOTA-ENGIL
apsinesalgarve.pt

Consortium ETERMAR/MOTA-ENGIL has won a tender launched by PSA for the extension of Terminal XXI in Port of Sines .

According to an official announcement, this project will extend the actual quay to a total length of 1150m until the end of 2021, representing a private investment of 16.5 million euros.

This is the first expansion phase after the renegotiation process for the Terminal XXI concession, which, in its final configuration, will feature a 1,750-meter quay to be built by phases.

The Port of Sines said that Terminal XXI is currently an important transhipment HUB and already represents an important port of entry and exit in the Iberian hinterland, being an integral part of the main international maritime routes where the largest container ships in operation in the world are located.

This investment reinforces the terminal’s capacity to receive several megacarrier ships simultaneously, thus increasing its operational offer while reinforcing its importance for the economic development of the region and the country.

PSA is owned by the Government of Singapore, and it is the largest port operator the world according to Lloyds List, with activity in more than 50 terminals located in 26 countries around the world.

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