OHL Concesiones is awarded the new container terminal, eastern platform, at Santa Cruz de Tenerife Port

It will be able to simultaneously operate two Super-Post Panamax ships and an annual volume of 600,000 TEU. A 60.55 Million Euro investment is expected in the terminal.

The Port Authority of Santa Cruz de Tenerife has awarded the OHL Concesiones – Marítima Davila joint venture a concession for the new public container terminal, Eastern Platform, at Santa Cruz de Tenerife Port.

The concession is subject to a 30-year term and the awardee joint venture, led by OHL Concesiones with a 65% share, is required to make an approximate investment of 60.55 Million Euros, of which 42.08 will be used for machinery and 18.47 for civil engineering works.

The new terminal, which is expected to start operating in early 2013, is designed to handle import, export and trans-shipment trade and will be able to simultaneously operate at least two Super-Post Panamax ships.

The most relevant features of this infrastructure are as follows:

• Berthing line: 696 m
• Draft: 16 m – Surface area: 15.3 hectares (ha)
• Capacity to handle an approximate annual volume of 600,000 TEU

The features and strategic location of the new terminal will enable it to undertake the international container trans-shipment trade to and from Europe and America, and from these continents to emerging markets along the African Atlantic coast. It will also be able to handle local trade and its expected growth over the next 30 years, positioning the Santa Cruz de Tenerife Port as a reference logistics platform in the Atlantic. All new facilities and equipment are designed to service cutting-edge vessels, with up to 13,500 TEU capacity.

This terminal represents the company’s third concession in the commercial ports sector, in which it operates the Southern Extension of the Alicante Port in Spain and participates in the joint venture established to construct and subsequently exploit a container terminal in Ennore Port (India).

OHL Concesiones, with a marked international profile and a total portfolio of 33 assets, including motorways totaling 4,417 km, commercial ports covering 80 ha, two railway concessions and an airport, is one of the world’s 10 leading development and investment companies in concession-based transport infrastructures.