EUROPE

Yilport in running for Taranto tender

8 years ago

Yilport Holding has confirmed it has submitted an offer to the Ionian Sea Port Authority to invest in and manage all cargo operations at the container, bulk and ro-ro terminals of Port of Taranto in south east Italy.

The company told Port Strategy it made the offer on 3 July and this is currently being reviewed by the port authority.

YILPORT’s proposal covers developing and revamping the terminal facilities to attract and grow container volume, improve the logistics network and serve general cargo and Ro-Ro traffic, in line with Yilport’s multi-purpose terminal operator brand. Yilport aims to utilise the maximum capacity of Port of Taranto and increase the annual cargo volumes rapidly. The company stated that the volume growth will be supported through significant investments and employment upsurge.

Parent company YILDIRIM Holding owns 24% shares of CMA CGM Group, the third largest container shipping company.