Beirut seeks terminal operator
Beirut port authority was due to issue a tender seeking an operator for its new container terminal. The document which has been prepared by US consultants the Cornell Group, envisages a 10-year concession including an option for a further five years. $3m of investment will be mandatory as will a $3m performance bond which will apply for the life of the contract. The terminal is expected to operate at its full 500,000TEU capacity.
Beirut port authority was due to issue a tender seeking an operator for its new container terminal. The document which has been prepared by US consultants the Cornell Group, envisages a 10-year concession including an option for a further five years. $3m of investment will be mandatory as will a $3m performance bond which will apply for the life of the contract. The terminal is expected to operate at its full 500,000TEU capacity.