P&O Ports said the contract may be converted into a long-term concession in the future, however.
“Port De Sète has great potential and is ready to become another gateway port for France,” said Sultan Ahmed Bin Sulayem, chairman of Ports Customs and Freezones Corp., (PCFC) in Dubai.
Initially, the terminal will primarily cater to feeder services in the eastern Mediterranean, the Maghreb region and North Africa, said the Sultan. But once development takes place, the terminal will see more multinational shippers and international destinations, he said.
The company will operate a container yard with a draft up to 14.5 meters and a 457-meter quay on two hectares of land. The port itself handles general and breakbulk cargo, container, ro-ro services and cruise and ferry terminals. Concrete handling facilities and an agro-industrial complex are also present at the port.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now