Yilport Holding pursues multiple acquisitions

Puerto Bolívar The draft of the channel and berthing area of Puerto Bolívar, Ecuador will be deepened. Image courtesy of Yilport Holding
Industry Database

Yilport Holding plans to acquire several SME ports and container terminals in Europe, Latin America, and North America.

Robert Yuksel Yildirim, chairman of Yilport Holding and president & CEO of Yildirim Group, confirmed its aim to become a top 10 international container terminal operator by 2025 as he issued a statement about Yilport’s outlook for 2018-2020.

He confirmed the company is currently engaged in acquisition negotiations and said: “Yilport will continue its organic growth in the next three years in addition to port acquisitions. We are looking forward to grow (sic) our existing business volume on a double-digit average each year. We will expand some of our terminals and more than double their annual handling capacities from 2018.”

Puerto Bolívar

Work to deepen the draft of the channel and berthing area of Puerto Bolívar, Ecuador, to 14.5m initially and 16.5m by March 2018, will begin within the next month.

With the aim of boosting annual capacity to 1m teu, Yilport will begin building a 6th 400m long berth and deliver ship-to-shore gantry cranes, two mobile harbour cranes, 12 rubber tired gantries and several stackers, forklifts and terminal tractors, plus 12,000m2 of chilling warehouse facilities.

Plans to double Gävle Container Terminal’s (GCT) capacity from 300,000 to 600,000 teu will be aided by two new ship-to-shore gantry cranes and six new 1-over-5 rubber tired gantries. A new yard with a 360m long berth will be built at the Swedish terminal and the channel and berthing area may also be dredged to 15m.

€42m expansion works at Leixões Container Terminal (TCL) in Porto, Portugal have begun to increase annual container capacity to 1m teu, while a €200m renewal of Liscont Container Terminal’s infrastructure and modernisation of terminal equipment is also planned. Dredging works will deepen the draft to 14.5m.

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