PSA Venice Gets 25 Years

PSA Venice has signed an agreement with the North Adriatic Sea Port Authority (AdSP) to extend its existing concession by 25 years…

PSA Venice has signed an agreement with the North Adriatic Sea Port Authority (AdSP) to extend its existing concession by 25 years. This new contract commences on October 1, 2024, and will run until October 1, 2049. The operator confirms it will be implementing terminal improvements, including expanding capacity to 500,000TEU per annum. The original 25-year concession began in 1997.