The joint venture between DP World and Terminal Link, named PortSynergy Group (GMP) has been awarded the service concession for the construction and operation of berths 11 and 12 at Port 2000 in Le Havre.
GMP will now invest in two new container berths spanning across 700 m, as it looks to cater to trade entering French consumer markets.
Louis Jonquiere, managing director of GMP, said: “The addition of the two new berths will enable us to secure more volume and provide high-efficiency services.
“As a major hub port, the expansion in the terminal will facilitate the capture of more volume from the trade, benefitting from the momentum that has built in the region.”
The new facility represents an additional operational capacity of 1m teu and will include a 700 m quay and a 42 ha site.
The concession agreement is for a term of 24 years, including two years of studies and design, two years of civil engineering work and 30 years of operation.
In 2018, GMP posted market-leading growth of 11% compared to 2017, representing more than 55% of market share through its two terminals (Terminal de France and North Terminals).
The joint venture will make significant investments in the development of the new terminal, modernising it with new equipment to service large container vessels.
The berths will feature a 35 ha stacking area as well as direct rail access into the hinterland and a 7 ha area dedicated to buildings and operating infrastructures.
Jonquiere added: “We aim to enable smarter trade and create a much stronger economic engine for the national and regional market. By investing further in the terminal, GMP is driving economic development for the region and generating career opportunities for the local population.”