However, the tender document also allows incumbents to bid to develop a terminal with a capacity of 50% more than their existing facility and to then abandon their existing facility, benefitting from certain financial concessions.<\/p>\n
Speaking exclusively to Port Strategy<\/em>, a port spokesperson said that if incumbents opted for the latter route it would be possible, through mutual agreement between the operator and the port authority, to recover 80% of any fixed assets that have not been amortised and without the loss of operating guarantees.<\/p>\n \u201cIt is only in that particular case \u2013 in other words, wanting to leave an existing terminal – when the capacity of the future terminal must be 50% higher than the existing one,\u201d noted a spokesperson. \u201cIn other words, if a current operator wants to stop operating at a 1m teu capacity terminal and move to a new one, then they must commit to developing a terminal that has a future capacity of at least 1.5m teu.\u201d<\/p>\n That capacity must be made available upon completion of works associated with the new terminal, which must conform to a timetable set out in the tender.<\/p>\n Furthermore, within four years of the start of operations, transhipped full containers must account for more than 20% of the capacity of the new terminal and full import-export boxes 40%.<\/p>\n","protected":false},"excerpt":{"rendered":" Valencia has confirmed that incumbent operators are free to participate in the tender for its fourth container terminal with no requirement to increase current capacity levels.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[],"sponsor":[],"class_list":["post-367","post","type-post","status-publish","format-standard","hentry","category-europe"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/comments?post=367"}],"version-history":[{"count":0,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/367\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media?parent=367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/categories?post=367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/tags?post=367"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/sponsor?post=367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}