Marseilles Fos unveils US$440m growth strategy

Marseilles Fos unveils US$440m growth strategy

The Marseilles Fos port authority has announced a four-year plan which involves €360m (US$440m) of investments before 2018.

These developments include those already in the pipeline and will improve both the Marseilles and Fos harbour areas.

In a statement, the authority said that in a context of economic constraints and falling oil traffic, private investors will be sought to add to government contributions.

The authority continued that it wants to position the port as a viable European Gateway alternative to ports in the Northern range.

Long-distance rail services have been identified as crucial to this goal and enhancing trade with hinterland markets like Switzerland, Austria and Southern Germany.

The authority intends to support the launch of new services and seek partnerships in multimodal platforms to enhance links beyond the port’s natural hinterland.

In a statement, the authority said that it wanted to achieve synergy between the Mediterranean-led passenger and cargo trades in Marseille and the deepsea, worldwide activity at Fos linked to major industrial and logistics centres.

The land between the two Fos 2XL container terminals will be developed to create a sole-use quay.

When the port authority deems it necessary, dredging to 16 m draught will take place to accommodate 16,000 teu ships.

A combined transport terminal will also be built at Fos – similar to the Mourepiane facility currently under construction in Marseille, where work on the rail links is now starting.

The company also announced an initiative to introduce “pioneering” bunkering and Liquefied Natural Gas (LNG) facilities.