Auction in Genoa

At present, container terminals at these ports are divided into completely separate berth operations, often managed by totally distinct stevedoring outfits employing a bewildering variety of loading and handling systems. As part of the new scheme, all these operations will be integrated with the aim of driving down costs by eliminating unnecessary functional duplication.

Two rival groups are believed to be in the running to bid for a 240,000 sq m plot of reclaimed land in the port of Genova. MSC will bid on the understanding that it will bring 300,000TEU of new traffic to the port which it currently directs through La Spezia, while a rival group of Italian companies seeks to use the area as an “added value” zone.