Baku, Azerbaijan, May 22
By Rufiz Hafizoglu - Trend:
Petkim container port in Turkey will be commissioned in the first quarter of 2016, the Turkish newspaper Gercekgundem said May 22 with reference to the head of the APM Terminals company in Turkey Mogens Wolf Larsen.
He said that 600 people will work in the container port.
Larsen went on to add that the construction of Petkim container port is one of the most important projects in Turkey.
The project cost is $400 million.
Petkim petrochemical complex and Dutch APM Terminals signed an agreement in March 2013 for construction of a container terminal with the capacity of 1.5 million TEU (twenty-foot equivalent unit).
APM Terminals will have the right to manage the port for 28 years.
The new port's capacity will be around 50 percent more than that of Alsancak port. However, depending on the market demand, it is planned to increase the new port's capacity to 3 million TEU in the future.
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