Port Authority of Valencia to Upgrade Its Three Ports

Image Courtesy: Port Authority of Valencia

Spain’s Port Authority of Valencia (APV) has unveiled its intentions to invest more than EUR 233 million (USD 244.5 million) into its three ports until 2020.

The investment covers the three state-owned ports of Valencia, Sagunto and Gandía.

The port authority said that it would invest EUR 56.1 million into modernization works in 2017, while the remaining amount of EUR 177 million would be invested during the period from 2018 to 2020.

A total of EUR 35.4 million of the amount would be used to provide new berths, port facilities and access roads at the port of Valencia in 2017, as well as undertake dredging operations at the Príncipe Felipe and Levante docks.

The works are expected to increase the draft of Valencia’s three terminals to 18 meters as the ports prepare to welcome containerships carrying up to 18,000 TEU.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jan 2017 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

10th annual Border Security Conference

The 2017 conference will possibly be the most relevant and topical event to date as we enter our 10th successive year. With the rise of cross…

read more >

4th Ship Recycling Congress

The two day conference will consist of a number of informative presentations followed by interactive Q&A sessions, panel discussions…

read more >

Maritime Reconnaissance and Surveillance Technology 2017

After last year’s huge success the SMi Group is proud to announce the 2nd Maritime Reconnaissance and Surveillance Technology. The event…

read more >

Euromaritime 2017

The Euromaritime event will take place in Europe for three days. This is one of the major and influential trade events dealing with marine…

read more >