Constanta, Romania (Ports Europe) July 8, 2024 – The European Bank for Reconstruction and Development (EBRD) has announced a senior loan of up to 50 million euros to Constanta South Container Terminal SRL (SCT) to finance electrification at Constanta port.
SCT is part of DP World.
The project has a total cost is estimated at 200 million euros. It will be co-financed with the EU Alternative Fuels Infrastructure Facility Programme (AFIF). The EBRD will act as Implementing Partner, or through other forms of EU funding.
The objective of AFIF is to support the deployment of alternative fuels supply infrastructure, contributing to decarbonising transport along the TEN-T network.
The electrification of Constanta port operated by CSCT plans investments in the electrical restoration of the entire terminal infrastructure. This will include new electrical networks and transformer points, new railway lines, electric vehicles and charging stations, which will significantly contribute to climate change mitigation.
DP World has been operating CSCT since 2024. The current capacity of the terminal is approximately 1.2 million TEU, and there is sufficient land area for phased expansion to cater for volumes in excess of 4.5 million TEU.
A Chinese-Singaporean consortium is building a huge port in Anaklia, Georgia, on the other side of the Black Sea. Possibly, this is a “Middle Corridor” opportunity for Constanta.
Copyright (C) Ports Europe. All Rights Reserved. 2024.
[email protected]
