Hanjin made a bid for the Phase A plot of the terminal, which has a 35 ha surface area and two quaylines of 550 m (north) and 650 m (east). Hanjin now has a three-year deadline in which to apply for expansion of the terminal towards the south, taking occupation of the Phase B plots currently under construction. Combined, the two phases of the terminal will consist of 1,900 m of berth line with draughts of between 18.5 m and 17.5 m and a 72 ha gross levelled area.
Hanjin will begin operation of the new semi-automated public terminal in July 2010, when Phase A will have a maximum capacity of 1.8m teu. The Isla Verde project is a joint investment by APBA and Hanjin Shipping, and is expected to help develop the region’s container market as well as bringing benefits to the local community. The project is the first direct investment made by an Asian shipping company in Spain and the Western Mediterranean.