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APM Terminals Izmir gears up for 2016 opening

APM Terminals Izmir gears up for 2016 opening
STS cranes arriving in Izmir

New deep-water terminal APM Terminals Izmir has received five rubber-tyred gantry cranes (RTGs) and two ship-to-shore (STS) cranes as it prepares for its first expected vessel call in March 2016.

One more STS crane and five additional RTGs are scheduled to arrive in December 2015, enabling the 1.3m teu facility to handle ships of up to 16,000 teu capacity.

The new container terminal on Turkey’s Aegean coast will become the country’s biggest container terminal in the Aegean Region, serving Istanbul and southern Turkey.

With the Turkish government announcing plans to increase national exports to US$500bn annually by 2023, the terminal operator hopes to accommodate Turkish export growth.

Global trade analysts with HSBC Bank have projected that industrial machinery and transport equipment will be responsible for one-third of Turkish export growth between 2021 and 2030, increasing from 29% for the five-year period of 2015 to 2020.

APM Terminals Izmir managing director, Mogens Wolf Larsen, said: “Turkey’s very ambitious plans to become one of the world’s ten largest economies will rely in part upon new and greater access to the global logistics chain, and the larger vessels serving world trade.”

Operating under a 28-year concession agreement with Turkish petrochemical conglomerate Petkim, the Izmir facility will have 700 m of quay and a 16 m depth during its first phase of development, plus the ability to expand annual throughput capacity to 4m teu annually.

The new port, which is part of the Petkim Petrochemical Complex development, geared for export production, represents an investment of US$400m.