Yilport moves to enter the Italian port market at Taranto

Yilport moves to enter the Italian port market at Taranto

Yilport Holding, company part of the Turkish group Yildirim Holding, has officially presented a request for investing in and operating the Molo Polisettoriale terminal at the port of Taranto.

This area had been operated until 2015 as a transhipment hub by Taranto Container Terminal, a joint venture between Hutchison and Evergreen, and achieved throughput of 900,000 teu at its peak in 2006. The infrastructure covers 100 ha and has a total quay length of 2,000m.

The local port authority received an application from Yilport for the occupation of the entire port facility as well as the use of equipment currently present on site. The aim of the application is for the development of commercial traffic and logistics, with particular reference to the handling of containers, breakbulk cargo and ro-ro.

The Yildirim-controlled group stated that an increase in volumes will be supported through significant investment and if successful would represent the Turkish shipping group’s first foray into the Italian market.

Nicola Capuzzo

Nicola is a highly qualified journalist focused on transport economics, logistics and shipping with broad experience in both online and printed media. Specialties: shipping, ship finance, banking, commodities and port economics. He regularly interviews Europe's top shipowner executives for Maritime CEO magazine.

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