The Spanish Port of Algeciras Bay Authority’s Board of Administration (APBA) has granted a license to Total Terminal International Algeciras (TTI Algeciras) to build and run the third container terminal at the Port of Algeciras Bay and which will be located on the Phase A plot of the Isla Verde Exterior expansion area. TTI Algeciras is the Algeciras-based company formed by Hanjin Shipping, to run the terminal.

APBA Board Backs TTI Algeciras Concession

The concession comprises the occupation and operation of a 292,910 sq m surface area comprising a 57,990 sq m manoeuvring zone and two quaylines of 650 m (east) and 550 m (north).

TTI Algeciras intends to construct a semi-automated public container terminal with manually controlled quayside cranes and remote controlled yard cranes.

TTI Algeciras forecasts that operations will commence at the terminal in the summer of 2010.