MSC signs San Pedro concession agreement
Mediterranean Shipping Company (MSC) and San Pedro Port have signed a 35-year concession agreement for the expansion of the San Pedro Container Terminal in Côte d’Ivoire.
With a total initial investment of CFA300bn (€460m), the project will allow the port to handle 14,000 teu ships and benefit from new shipping technologies, facilitating transhipment operations and generating opportunities to foster development.
Following the initial phase, where the existing infrastructure will be developed and expanded by San Pedro Port, MSC’s investment, expected to be around CFA130bn (€195m), will be allocated to superstructure and ultra-modern equipment.
Diego Aponte, MSC president and chief executive, said: “Our structural investment and operations will allow San Pedro to become a state-of-the-art terminal, increase trade relationship with new and traditional business partners as well as enhance its competitiveness at both the national and global levels.
“We are also extremely proud to generate inclusive growth through job creation and vocational training, as the terminal is expected to employ hundreds of people directly and a large number of people indirectly.”
LATEST PRESS RELEASES
As one of the world's leading fender specialist, we consider it our responsibility to do our part fo... Read more
Prince Rupert is the second largest container terminal in Canada Read more
Warrenpoint Port has commissioned a new crane and has commenced the refurbishment of two other crane... Read more
A vision for inland waterway transport (IWT) in the Baltic Sea Region as well as means to strengthen... Read more
Over two million containers and five million tonnes of cargo handled Read more
Bendezu Port Equipment GmbH, an international trading company offering second-hand port equipment, h... Read more