Port of Sines

Port of Sines reports 22.5% volume increase in 2021 first half

The Port of Sines has seen significant growth in total container volumes during the first half of the year, demonstrating a remarkable economic recovery since the end of 2020.

In particular, the Portugalian port handled 904,910TEU during the first six months of 2021, which translates to a year-on-year increase of 22.5%.

At the same time, the total throughput of all types of cargo for the port was 24 million tonnes, representing a growth of 23.8%, in comparison to the corresponding period of the...

https://container-news.com/port-of-sines-reports-22-5-volume-increase-in-2021-first-half/

EU puts money where its mouth is with green port funding

European Union has agreed funding for up to 10 pilot projects in sustainable and smart supply chains through port operations with 45 companies involved in the development of the projects.

The series of research projects are called MAGPIE, sMArt Green Ports as Integrated Efficient multimodal hubs and will run for a period of five years. Funding of close to €25 million (US$30.39 million) paid to MAGPIE through the Horizon 2020 green deal programme for research into opportunities to increase the...

https://container-news.com/eu-puts-money-where-its-mouth-is-with-green-port-funding/

PSA Sines launches Terminal XXI expansion

PSA Sines, the concessionaire for the Sines Container Terminal (Terminal XXI), launched the tender for the expansion of this port infrastructure.

This expansion phase includes the construction of another 204 metres of quay in order to provide the terminal with a 1,150 metres long quay by the end of 2021, representing an investment of €16.5 million (US$19.5 million). This is the first expansion phase after the renegotiation of the Terminal XXI concession, which, in its final configuration, will...

https://container-news.com/psa-sines-launches-terminal-xxi-expansion/

Expansion works begin at the Port of Sines

With the consignment of the East Breakwater enlargement, the expansion works of the Port of Sines will begin, thus allowing the port to double the containerized cargo installed capacity.

The works concerning the extension of the Port of Sines’ East Breakwater were consigned to Conduril – Engenharia SA. With a total investment of approximately US$ 78 million (€ 72 million), the contract comprises the enlargement of the breakwater by 750 meters, which will allow to reinforce the protection of the...

https://container-news.com/expansion-works-begin-at-the-port-of-sines/

Portugal to heavily invest in Port of Sines

Portuguese government on Thursday, July 18, announced an investment of 547 million euros in the expansion of the Port of Sines in the southwest of the country and an agreement to extend its concession from 2029 to 2049.

The agreement was reached on Wednesday between Portugal and PSA Singapore for the completion of the 3rd phase of expansion of Terminal XXI, so as to greatly increase its capacity and give another 20 years of operations in Portugal to PSA Singapore.

The Sines port, 58 nautical...

https://container-news.com/portugal-heavily-invest-port-sines/

Port of Sines sees record-high container volume

Containerized Cargo continued to grow in the Port of Sines in 2018; Terminal XXI handled 1,75 millions of TEU, thus corresponding to 5% over the previous year.

With a total throughput of 22 million TONS, Containerized Cargo grew 5,5% over the homologous period, thus reinforcing the Container Terminal – Terminal XXI share within the total cargo handled, already representing 46% of the port’s total throughput.

In what concerns total throughput, Sines handled 47,9 million TONS, which corresponded to...

http://container-news.com/port-sines-container-volume/

+ More
Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon
By subscribing, you agree with our privacy policy and our terms of service.