P&O Ports Wins French Terminal Contract
Dubai-based, state-owned operator P&O Ports has won a contract to operate a new container terminal in the Port de Sète in France, according to FreshPlaza.
P&O Ports will operate the terminal for three years under an agreement which can also be converted to a long-term concession in the future.
Port de Sète is a deep draft port for ro-ro, container, frozen, chilled, general and breakbulk cargo, where P&O Ports will run a dockside container yard adjacent two hectares of land.
Its new terminal is expected to have with a draft up to 14.5 metres and commence operations in October, 2017.
The Port of Sète in 2016 launched a call for tenders for the concession of a new terminal in the South of France.
Sète Port forms part of the network of feeder routes in Italy, Spain and France adjacent major hubs in the Mediterranean.
In addition, it has cruise and ferry terminals, a marina, cement handling facilities and an agro-industrial complex.
Its new concession has direct inland waterway access and is positioned to serve nearby large centres of population including Toulouse, Montpellier and Clermont-Ferrand.
Beyond P&O Ports expanding operations in France, it plans to expand in the UAE as well as in Ukraine and Somalia.
Sultan Ahmed Bin Sulayem, Chairman of Ports Customs and Freezones Corporation (PCFC) in Dubai, said: “Port De Sète has great potential and is ready to become another gateway port for France. In the early stages it will continue to primarily cater for feeder services in the eastern Mediterranean, the Maghreb region and North Africa."
"Once development takes place with the backing of our regional partners we expect to see more multinational shippers use its services with other international destinations added over time.”
Jean Claude Gayssot, Président of the Port de Sète said “We are pleased to be working with P&O Ports, which is independent and a source of great opportunity with a well-know brand having a worldwide reputation in the shipping sector whose global operations, and a DP World network which makes them an attractive and reliable partner with the Region Occitanie.”