The port of Valencia receives the largest ship in its history

The port of Valencia this weekend received the call of the MSC Eloane, the ship with the largest container capacity that has docked at the site in its history. With a length of 400 meters and a draft of 16 meters, this Triple E category vessel has the capacity to carry up to 19,472 TEUs. The ship has carried out operations in the two terminals of the Principe Felipe Pier. It came from Tangier Med and will continue its route to the port of Salalah in Oman.

The Port of València accelerates the improvement of the Noatum terminal after buying it Cosco. The APV will invest 5.2 million to increase the draft of one of its docks for mega-ships to access.

These new infrastructures will allow the reinforcement of the foundation ground of the aforementioned pier, which is 780 meters long, as well as a 100-meter section of the Costa Pier. The facility achieves an annual movement of just over 2 million twenty-foot containers (TEUs), making it the largest in the Mediterranean. Noatum is also making progress in the construction of a new road deck, the installation of new cranes, as well as the internal remodeling of this area and for which it has a global investment project of around 100 million euros.

The Port Authority proposes that the execution of this project conclude in seven months, with which it will be concluded in the second half of 2018. The improvement of these port facilities is part of an overall plan of the APV that will manage to leave the enclosures of the main terminals of the Grao in depths close to 18 meters of draft; compared to just over 16 meters today.

The Valencian maritime site thus accelerates the plans to increase the draft after the recent landing of the new managers of the multinational Cosco at the main container terminal in Grao. Kai Sun, 49, who has more than twenty years of experience in port management and maritime logistics, has been appointed CEO of this company, of which the rest of the capital remains in the hands of investment funds of JP Morgan and of Dutch firms.

The port of Valencia is preparing to receive the new “giants of the sea.” The Port Authority of Valencia plans to invest up to 30 million euros to increase the draft at the docks and docks that house the main container terminals of the Grao site: TCV (APM Group Terminals), Noatum and MSC. This investment is necessary to guarantee the calls of the latest generation container ships with the capacity to transport up to 22,000 TEUs.

Main terminals

The entity chaired by Aurelio Martínez began bidding at the end of 2016 for the contracting of the works of the draft increase project at the Levante dock (where the company acquired by the Maersk group operates), whose budget is 8.07 millions of euros. On the other hand, the dredging of their respective docks will require an outlay of six million. The adaptation of these infrastructures takes place in parallel with the disbursements of Noatum, MSC and TCV in larger cranes so that the new mega-ships can dock.

MSC will invest 1,011 million in the expansion of the Port of Valencia

Terminal Investmens Ltd (TIL), a company owned by the Mediterranean Shipping Company (MSC), plans to invest up to 1,011 million eurosto build and operate the entire fourth container terminal in the Port of València.

TIL’s offer is the only one presented to date, in which the València Port Authority (APV) has opened this proposal presented by the shipping company chaired by Francisco Lorente in Spain. From this moment, according to sources from the APV, a Valenciaport technical commission will prepare a report after examining the offer. This company ensures that the new terminal could be operational in 2026.

The offer of the terminal manager TIL far exceeds the investment expectations of the Port of València to build this terminal, which initially stood at 1,200 million, including public investment (unods 400 million). It will have a capacity to handle up to 5 million containers.

A group present in 7 major ports in the world

TiL, which together with MSC is headquartered in Switzerland, is one of the largest and most geographically diverse container terminal investors in the world.

It accounts for 34 million container loading and unloading movements per year for MSC and other transport lines in 29 countries on five continents. It is present in 7 of the 25 busiest ports in the world: Antwerp, Singapore, Long Beach, Ningbo, Newark, Bremerhaven and Rotterdam. In Spain. The company is present in the terminals of the ports of Valencia and Las Palmas.