Expansion of Terminal XXI started

Expansion of Terminal XXI started

PSA Sines, the concessionaire for the Container Terminal of the Port of Sines (Terminal XXI), launched the tender for the expansion of this port infrastructure.

The expansion phase includes the construction of another 204 meters of docks in order to provide the terminal with a 1,150 meter long pier by the end of 2021, representing an investment of 16.5 million euros. This is the first expansion phase after the renegotiation process for the Terminal XXI concession, which, in its final configuration, will feature a 1,750-meter pier to be built in a phased manner.

Terminal XXI is inserted in the main international maritime routes in which the largest container ships in the world in operation are located, and this investment reinforces the terminal's capacity to receive several ships megacarriers simultaneously and thus increase its operational offer.

It is recalled that in October 2019 the Administration of the Ports of Sines and the Algarve (APS) and PSA Sines signed an amendment to the concession contract that allows new investments to be made regarding the expansion of the pier and the resizing and modernization of the terminal, projecting an increase in the annual handling capacity from 2.3 to 4.1 million TEU (20-foot containers).

In February of this year, APS consigned the Contract for the 3rd Phase of Expansion of the East Pier of the Port of Sines, in an amount of approximately 72 million euros, including the extension of the pier in 750 meters, which will allow to reinforce the protection of the east of the Port of Sines where Terminal XXI is located. This work is part of a project approved by the Operational Program for Competitiveness and Internationalization (COMPETE 2020) and will benefit from community financing, through the Cohesion Fund, of approximately 25 million euros.


Source link