12MAR2019 - NEWS - Infrastructure investor Infranode announces plan for development of a new greenfield container terminal in the Port of Gävle

Infrastructure investor Infranode has recently announced the development of a new greenfield container terminal in the Port of Gävle, Sweden, with an investment of $42.3m. Infranode also became a minority shareholder in the port operator YILPORT Sweden Terminal Investment (YST) and a partner and co-owner of YILPORT Holding’s operations in Gävle, Sweden, and the Stockholm Nord intermodal terminal. The proceeds will be used to expand a new container terminal in Gävle to meet the demand growth for container transports. The container terminal is expected to be completed next year and is currently in the process of doubling in size to address the increasing demand for container transport. Upon completion, Port of Gävle will be able to handle port calls from larger vessels with a volume of up to 600,000 TEU a year.

Published by Editor - www.Livebunkers.com at 12-Mar-2019 05:51:34 [UTC] , contact editor at editor@livebunkers.com