Positive evaluation for Yilport’s Taranto proposal

Taranto container terminal Yilport Holding wants to expand the annual handling capacity of the Taranto container terminal from 2m teus to 4m teus. Credit Yilport Holding
Industry Database

Port Network Authority of the Ionian Sea (PNAIS) has expressed a first positive evaluation of Yilport Holding’s proposal to invest in and manage the container terminal of the Port of Taranto.

Yilport Holding, whose initial bid on 3 July included investing in and manage all cargo operations at the port's container, bulk and ro-ro terminals, plans to expand the annual handling capacity of the container terminal from 2m teus to 4m teus via investments in the next 10 years. If the bid goes ahead, Yilport said it will heavily invest in infrastructure, equipment and technology, initially installing ship-to-shore cranes (STS), rail-mounted gantry cranes (RMG), and the Navis terminal operating system.

Robert Yuksel Yildirim, chairman of Yilport Holding, remarked: We will prepare the terminal for the future of container shipping industry. Soon, we will start our talks with major global container shipping lines and feeder services for their commitment to Taranto Container Terminal. We aim to boost container volumes.”

Business potential

He added: “We will also be working closely with the public and private stakeholders. We will bring Yilport’s global know-how and network with productive, effective, efficient, customer-oriented, environment-friendly port operation experience to Taranto. We believe Taranto Container Terminal will be one of the best terminals in Italy by 2025.

“Yilport also intends to collaborate with local operators to develop breakbulk, project cargo and ro-ro traffic.”

If plans go ahead for Taranto container terminal, it will become Yilport’s first terminal in Italy.

PNAIS said it had made the decision after considering ability to guarantee the widest and most profitable use of the Polisectorial Pier, employment prospects, the increase in port traffic and logistics, as well as the enhancement of the role of the port of Taranto and of the Italian port system in the Mediterranean, with reference to TEN- T and BRI (Belt and Road Initiative).

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