Odfjell Terminals Europe & GPMH sign Site Reservation Protocol 31.5 hectare facility
Odfjell Terminals Europe and Grand Port Maritime du Havre (GPMH) have signed a Site Reservation Protocol for a plot of land in the Port of Le Havre to develop a new liquid bulk terminal.
The planned terminal, in area covering approximately 31.5 hectares, will be located inside the French port along the Grand Canal Maritime.
“The Site Reservation Protocol with Odfjell Terminals Europe is a significant stage for the GPMH,” said chairman of GPMH management board, Hervé Martel.
“Not only because it closes the phase of call for projects launched in 2011 in order to boost bulk liquid storage activity in its port and industrial zone, but also because the interest of this major player in bulk liquid transport and storage meets that of the GPMH, of the industries of the river Seine artery and beyond.”
Construction works for the new terminal are expected to start in early 2015, with a completion date pencilled for the latter half of 2017.
The first phase will consist of at least 150,000 cbm for the storage of petrochemical and petroleum-related products and will require a total investment of €150-200 million, according to GPMH.