The Portuguese Government approved the construction of Vasco da Gama Terminal in the Port of Sines and also the expansion of the existing Terminal XXI. Both plans will increase capacity in Port of Sines’ containerised cargo sector, while also enable the terminal to handle the existing demand.
The plans will comply with the main points of the Strategy for Increasing the Competitiveness of Continental Ports Network – Horizon 2026, in which Minister of the Sea, Ana Paula Vitorino, commented as ‘an important moment to the national port system and for the national economy, affirming the national ports as a reference in a highly competitive sector of activity at an international level’.
Specifically, the Terminal XXI will cost 547 million euros, provided by private investment by PSA Sines, including not only the expansion of the quay and its handling equipment but also the maintenance, replacement and renovation of equipment already installed in previous phases, throughout the life of the concession. Moreover, the expansion will enable the expansion of the area from 42 hectares to 60 and will also boost the capacity from current 2.3 million TEUs to 4.1 million TEUs.
In addition, the construction of the Vasco da Gama Terminal will cost approximately 642 million euros that will take place with a future concessionaire. According to plans, the terminal will have a 3 million TEU annual capacity and a 1.375m long quay, allowing 3 simultaneous berth positions for the largest ships in the world.
The approval of these diplomas will allow the Port of Sines to be one of the main ports in the world and particularly in the West Med region, reaching over 7 million TEU capacity, guaranteeing the ability to compete and attract new cargo and customers from global logistics chains, reinforcing Sines in the international maritime-port context.
… according to APS statement.
