YILPORT Holding has taken over the operations at Port of Šibenik in Croatia in the first week of February.
The company plans to turn the Port into a multi-purpose terminal, offering diversified services.
In the first phase, YILPORT will rehabilitate the quality, productivity, and efficiency of existing operations, install one more mobile harbor crane, and increase storage capacity at the terminal.
The terminal will be dredged from -10 meters to -13 meters of draft to allow access for larger vessels up to Panamax size.
Also, YILPORT will install the third mobile harbor crane after container operations start at the terminal.
The second phase of the proposed business plan includes startup investments for Ro-Ro and liquid cargo services.
YILPORT Holding targets EUR 50 million of investments in 3 phases to develop a productive and efficient multi-purpose terminal.
The Port of Šibenik is located 350 kilometers to Zagreb, and 3 kilometers away from the highway connecting Zagreb to the Adriatic Sea.
The terminal has direct railway connection to Zagreb. The port currently serves Croatian and Bosnian bulk cargo and general cargo customers by rail and road network connections.