Wednesday , 23 August 2017
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SSA Marine to operate new Anaklia deep sea port

SSA Marine has been appointed terminal operator for the Anaklia deep sea container terminal after Anaklia Development Consortium (ADC) signed an agreement.

ADC plans to start construction of the deep sea port by the end of this year, with the operational launch of phase 1 scheduled for 2020-2021.  This terminal will establish a new maritime corridor between China and Europe and there are hopes it will “stimulate national and regional economic growth.”

United States vice president Mike Pence said: “The Anaklia Deep Sea Port shows the potential of a stronger bilateral relationship between our nations. American companies are investing alongside their Georgian counterparts in this multi-billion-dollar project. As we look toward the future, our two nations have untold opportunities to contribute even more to each other’s prosperity.”

SSA Marine which is based in Seattle, will have operating rights to the terminal for the next 20 years and will also act as an equity investor for ADC.  SSA Marine joins Conti International, a major US-based developer of infrastructure and capital projects, which is co-leading the ADC together with Georgia-based TBC Holding.

The group oversees more than 250 strategic operations across five continents, servicing 27.2 million containers in teu and managing terminals in nine different countries.

Georgian Prime Minister Giorgi Kvirikashvili stated: “Our goal is to create the best platform for US business interests in the region, and the involvement of US companies in large regional infrastructural projects is very important.”