Portugal Launches Tender for Vasco da Gama Terminal in Port of Sines

Port SinesIllustration; Image Courtesy: Portuguese government

The Portuguese government has issued a tender for the development of the Vasco da Gama container terminal at the Port of Sines, seeking a concessionaire who would invest in the project.

The successful contender is expected to invest an estimated EUR 642 million (USD 708 million) in the terminal that will have an annual handling capacity of 3.5 million TEU.

The government further noted that the facility would be capable of hosting 24,000 TEU boxship giants thanks to a 1,375 meter quay with three simultaneous docking positions.

According to the government, the concession contract is expected to be awarded in the last quarter of 2020, with work on the project starting in 2021.

It was noted that the Vasco da Gama terminal would be built and financed exclusively by private funds through the concessionaire. The concession space will remain in the public domain under port jurisdiction.


Related: Up to USD 613 Mn to Be Injected in Portugal’s Port of Sines

Share this article

Follow World Maritime News

In Depth>

Events>

<< Nov 2019 >>
MTWTFSS
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 1

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

CrewConnect Global 2019

CrewConnect Global is the leading forum for collaboration to advance new industry approaches to seafarer recruitment and training.

read more >

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

read more >

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >