A consortium including DEME’s subsidiary Dredging International and Italian construction company Consorzio Stabile Grandi Lavori has won a contract for the construction of the Ravenna Port Hub in Italy .
The first phase of the project includes:
With a total value of EUR 197,8 million, the project is financed by CIPE (the Italian Inter-ministerial Committee for Economic Planning), the European Investment Bank, European Union and the Port System Authority.
The project aims to develop the necessary port infrastructure to handle larger vessels of 75,000 dwt and containerships of up to 8,000 TEU, as well as higher traffic volumes.
Dredging works are due to get underway in the first quarter of 2021, said DEME in their release.