Yilport acquires solvent terminal

The signing took place in Istanbul on June 14, 2016 and means that Yilport Gebze Port and Solventas Terminal will be consolidated a large and advanced liquid terminal, operational in Dilovasi District in Gulf of Izmit.

This comes as Yilport Holding continues working towards its goal to be ranks among the top ten international port operators by 2025.

As the company also acquired 100% shares of Solventas Technical Storage Co. Inc. on June 10, 2016. Solventas joined Yilport’s global fleet as the 23rd terminal and the handover is expected to commence following the Turkish Competition Authority’s approval.

Following Yilport takeover, Solventas will be integrated into Yilport Gebze’s liquid terminal to form Yilport Dilovasi Liquid Terminal.

Once the consolidation and new investments are complete, Yilport Dilovasi Liquid Terminal will serve the industry with more than 300 tanks and over 450,000 cubic meters of liquid storage.