Investment In Italian Terminal Resumes


Work on a deep sea container terminal in Italy has resumed following easing of COVID-19 pandemic restrictions.

Yilport Holding is executing its Phase 1 investment of over EUR20m in San Cataldo Container Terminal (SCCT) in Taranto, as stipulated in its 49-year concession agreement.

The company has also opted to advance Phase 2 expansion to complete the overall investment of EUR75m before the end of the five-year project timeline.

Yilport Holding will invest over EUR400m for the San Cataldo Container Terminal during the concession term.

In May 2020, Konecranes’ engineering team arrived in Taranto to start a crane revamping project originally scheduled for the end of 2019. Yilport Holding is collaborating with Konecranes to speed up efforts to welcome a CMA CGM container vessel in July 2020.

The project, which will also see other terminal equipment reconditioned, is estimated to complete in one year. Overall, it will include the reconditioning of 7 STS gantry cranes, 17 rail-mounted gantry (RMG) cranes, 1 mobile harbor crane (MHC), 2 reach stackers (RS), 2 empty container handlers (ECH), and all existing terminal tractors and trailers.

Repairs and civil construction work is already underway and rail infrastructure and national railroad connection will also be revamped.

SCCT is able to serve ultra large container vessels with -16.5 meters draft.
Source: Port Strategy (https://www.portstrategy.com/news101/world/europe/investment-in-italian-terminal-resumes)



Leave A Reply

Your email address will not be published. Required fields are marked *