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Thessaloniki Port Sees Increased Traffic In 2019

Thessaloniki port sees increased traffic in 2019

Source: PortSEurope
Thessaloniki, Greece (PortSEurope) January 9, 2020 – Thessaloniki Port Authority SA (ThPA) has reported that in the financial year 2019, container volumes reached 448,766 TEUs and conventional cargo volumes registered 4.47 million tons of general and bulk cargo, increases of 6% and 19% respectively, compared to 2018. The port is steadily growing in all sectors, expanding co-operation and synergies in the Greek market and in
neighbouring countries. The implementation of the strategic investment of the expansion of the container terminal, will enable the port to handle vessels of larger capacity, thus rendering the port a key transport hub for the wider geographical area of the Balkans and Southeast Europe. Thessaloniki Port Authority was privatised on March 23, 2018, and is now operated by South Europe Gateway Thessaloniki (SEGT) Ltd, a consortium, in turn, owned by Deutsche Invest Equity Partners GmbH (47%), Terminal Link SAS (33%) and Belterra Investments Ltd (20%). In 2019, ThPA started work on developing the port’s railway connections, aiming to connect the port to the European Union’s TEN-T core network. There has also been greater interest in the region from the USA, where Washington appears keen to challenge the growing presence of Russia, China and Iran in the Eastern Mediterranean.   Copyright (C) PortSEurope. All Rights Reserved. 2020.

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