Yilport Holding has signed a 49-year concession with the Port Network Authority of the Ionian Sea (PNAIS) for the Port of Taranto, Italy.
The Port of Taranto is the 22nd marine port in Yilport Holding’s portfolio and its first terminal in Italy.
Chairman Robert Yuksel Yildrim said: “Being able to enter Italy and work here in Taranto is like filling in the missing piece of a puzzle that we are building globally.
“The infrastructure was there but there was no one to take care of it. Our intention is to create another success story in Taranto.”
Taranto Container Terminal aims to offer high-level productivity in container operations, covering 1m sq m of land area.
The port has easy access to the highway network and five active rail platforms that connect it directly to the national rail system.
Taranto Container Terminal is eligible to serve up to post-Panamax sized container vessels with -16.5 m draft and will offer up to 160,000 sq m of CFS and empty container services area.
It will provide stuffing, stripping, inspection, M&R, PTI, sweeping, cleaning and empty container inspection and conditioning.
Yildrim added: “From today until the end of this year, we will be fixing cranes to ramp up business, visiting potential customers, and promote the container terminal.
“The project also aims to cooperate with local operators to improve cargo and roll-on roll-off (ro-ro) traffic.”
Yilport has a strong presence within the Mediterranean, operating ports in Malta and seven ports between Spain and Portugal.