Trieste, Italy (Ports Europe) April 9, 2024 – On April 3, 2024, the Conference of States and Regions ratified the draft decree of the Ministry of Transport to finance the construction of a new container terminal on Pier VIII of the Port of Trieste. The finance is 206.85 million euros.
The port authority will now plan a tender for the financing, building and operation of the future Pier VIII. A private investor will be sought and expected to contribute 109 million euros to reach the expected total of 315.85 million euros.
One potential bidder is Germany’s HHLA, which operates the Piattaforma Logistica multi-purpose terminal next to Pier VIII. A second is MSC-Mediterranean Shipping Company S.A., which manages the Trieste Marine Terminal at Pier VII. One complicating issue is that MSC is currently in the process of acquiring 49% stake in HHLA.
The port authority plans a 500,000 TEU container terminal, the first phase of which is expected to be operational by 2025. The pier will be 400 metres long and a draft of 17 metres. It will be able to accommodate container ships of over 20,000 TEU.
The current Ro-Ro berth could be relocated to facilitate the handling of containers on land, while the logistics platform terminal could be relocated to the area of the former ironworks for rail transport.
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