DP World unit abandons French concession
DP World-owned P&O Ports has reportedly withdrawn from its contract to run the container terminal in the Port de Sète in France.
The Dubai-headquartered port management company won a three-year management contract to operate the container terminal in July 2017, but according to French media publications La Lettre M.fr and Le Journal de la Marine Marchande, the contract has been cut short.
P&O Ports’ contract, which had the option of being converted to a long-term concession, entailed it operating a container yard with a draft up to 14.5m draft, 457m of quay and an adjacent two hectares of land.
In the early stages of the contract, the terminal was due to continue to primarily cater for feeder services in the eastern Mediterranean, the Maghreb region and North Africa. However, following development, the terminal was expected to see more multinational shippers use its services, with other international destinations added over time.
Port de Sète is a deep draft port handling general and breakbulk cargo, containers, ro-ro services and livestock alongside cruise and ferry terminals, a marina, cement handling facilities and an agro-industrial complex.
Port Strategy has contacted P&O Ports for comment.
LATEST PRESS RELEASES
Meridian Port Services (MPS) invested USD 1.5bn to expand the infrastructure of Tema Port in Ghana, ... Read more
LASE announces local presence in Perth, Australia in order to support the growing base of Australian... Read more
The Estonian terminal operator HHLA TK Estonia, a fully owned subsidiary of Hamburger Hafen und Logi... Read more
We are extremely pleased and excited to be sharing this latest piece of news, that sees the formal p... Read more
Jacobs Engineering, a global leading provider of ports and maritime consulting and design services, ... Read more
In May 2019, ShibataFenderTeam delivered a giant Donut Fender with an outer diameter of 4200mm and a... Read more