In fact, Yilport Holding is executing its Phase 1 of the 20 million euros investment concerning San Cataldo Container Terminal (SCCT) in Taranto, Italy.

During May 2020, the engineering team of Konecranes arrived at the SCCT facility and begun the crane revamping project.

Although the Konecrane's arrival was scheduled for the end of 2019, the outbreak caused several delays within the investment program.

What is more, it is considered that the terminal will accept the first container vessel from CMA CGM in July 2020.

Among others, the project includes the reconditioning of 7 STS gantry cranes, 17 rail-mounted gantry (RMG) cranes, 1 mobile harbor crane (MHC), 2 reach stackers (RS), 2 empty container handlers (ECH), and all existing terminal tractors and trailers.

For the records, the total revamping project is expected to be operational in one year.

Concluding, the investment is part of the concession deal that Yilport Holding has inked with Port Network Authority of the Ionian Sea (PNAIS), concerning the managing institution of the Port of Taranto in southeastern Italy, to undertake all operations at the multipurpose terminal of Port for 49 years.