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    2024 IMO Bravery Awards honor tanker and tugboat crews for heroic acts

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    Panama

    BMA: Sanctions imposed against Russia

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SAFETY4SEA

Port of Valencia’s north terminal to double economic activity

by The Editorial Team
July 1, 2020
in Ports
valencia port clean fuels

Credit Port of Valencia

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Valencia Port Authority informed that its 1.4 billion euro investment in the North Terminal will be the most eco-friendly terminal in the world, due to its cold ironing facilities and use of electric power from renewable sources.

In light of the situation, President of the Valencia Port Authority (PAV), Aurelio Martínez noted:

TIL terminal projected in the northern expansion will be the most environmentally advanced in the world, since it will minimize CO2 emissions by supplying electricity to ships, will contemplate the use of up to 98% of electrical machinery, the origin of energy will be 100% from renewable sources, or the reduction of 98% of current CO2 emissions.

Once the container terminal is fully operational, it is estimated that will double the economic activity of the Port of Valencia and generate around 80.000 jobs.

In 2030 with the terminal in operation, more than 44,000 new jobs will have been created, doubling the current number of jobs -direct, indirect and induced- that the port currently generates, doubling to 80.000 jobs.

…President of the PAV continued.

RelatedNews

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What is more, the North Terminal project will allow the Port of Valencia to generate close to 6.000 million euros in Gross Added Value, strengthening its position as one of the driving forces behind the generation of wealth in the Valencia region.

Valencia is going to have the most modern, efficient, qualified job-generating and environmentally friendly terminal.

…Aurelio Martínez concluded.

Port of Valencia’s north terminal to double economic activityPort of Valencia’s north terminal to double economic activity
Port of Valencia’s north terminal to double economic activityPort of Valencia’s north terminal to double economic activity
Tags: EU portsport expansionport of Valenciaport upgradeports
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