SSA Marine Operates New Georgia Terminal

 07 Aug 2017 10.38am

US terminal operator SSA Marine has gained 20-year operating rights for a container terminal at the new, greenfield deep sea port of Anaklia, the first such infrastructure for the Georgian resort town.

A planned state-of-the-art port complex in Georgia, Anaklia Deep Sea Port, would have 16 metre berth depths. It would comprise container, dry bulk, break bulk and liquid bulk terminals.

It's proponents target hosting Panamax and Post-Panamax vessels, lower transport costs and better regional economic integration.

Development of Anaklia City and its Special Economic Zone has also commenced.

Plans are afoot to begin the three-year construction of the deep sea port by the end of 2017, with the operational launch of phase 1 scheduled for 2020-2021.

Project development is being set in motion by a consortium made up of Georgian Bank TBC Holding  and a subsidiary of US-headquartered grain trader ContiGroup Companies.

Anaklia Development Consortium (ADC) members on August 1, 2017 appointed SSA Marine as terminal operator for Anaklia Deep Water Black Sea Port container terminal, and will also let SSA marine become an equity investor in the consortium.

They aim to establish an important new maritime corridor between China and Europe and stimulate national and regional economic growth.

United States Vice President Mike Pence highlighted the US-Georgia collaboration, saying: “The Anaklia Deep Sea Port shows the potential of a stronger bilateral relationship between our nations. American companies are investing alongside their Georgian counterparts in this multi-billion-dollar project.

“As we look toward the future, our two nations have untold opportunities to contribute even more to each other’s prosperity.”

Georgian Prime Minister Giorgi Kvirikashvili commented: “Our goal is to create the best platform for US business interests in the region, and the involvement of US companies in large regional infrastructural projects is very important.

”Together with involvement of the Conti Group in the consortium to develop and construct the deep sea port in Anaklia, we are also glad that an agreement will be signed with leading world class US port operator SSA Marine to operate the container terminal and invest in the most important project in Georgia.

“This fact once more outlines the increasing interest of US business in Georgia and the huge potential of our country to become a regional hub.”

Mamuka Khazaradze, founder of Anaklia Development Consortium, said: “Along with our American partners, we have been given the opportunity to open Georgia’s gateway to the sea and to mark Anaklia’s place on the world map and convert it into the most crucial logistic hub.

“The fact that such a powerful American company as SSA Marine is investing in Georgia is itself a strategic and important precedent for our country.”

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