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MSPC New Member – Malta Freeport Terminals

Date: 12/06/2014

We are pleased to announce that Malta Freeport Terminals has recently become a new member of the MSPC.

Since its establishment in 1988, Malta Freeport Terminals has registered remarkable growth and is now a major maritime transhipment logistic centre in the Mediterranean region enjoying positive international recognition with global carriers as a reliable and credible port. Malta Freeport amalgamates the activities of container handling and industrial storage. In October 2004, to operate and develop further Malta Freeport Terminals, the Government of Malta awarded CMA CGM a 30-year concession.  In February 2008, CMA CGM was granted an extension of the concession for Malta Freeport Terminals from 30 years to 65 years, subject to an investment programme.  In November 2011, CMA CGM transferred half of its shares in Malta Freeport Terminals to the Yildirim Group of Turkey. In June 2013, CMA CGM sold a 49% interest in port operator Terminal Link to China Merchants Holdings (International) Company Limited.

Malta Freeport Terminals focuses on the ‘hub' concept, whereby cargo is discharged from large mother vessels and relayed to a network of regional ports by regular and frequent feeder vessels. Over 95 per cent of Malta Freeport's container traffic is transhipment business. This logistic concept offers various benefits for Malta Freeport Terminals’ clients, including fewer mainline port calls, reduced voyage times through minimal diversions and shorter transit times thus enabling them to concentrate on profitable voyage legs. The major shipping lines that have chosen Malta Freeport as their hub port include CMA CGM, Maersk Line, Seago Line, Hapag-Lloyd, Hamburg Sud and UASC.  Undoubtedly the state-of-the-art container terminal facilities capable of handling any containership afloat together with other key benefits including cost-effective operations, an unmatched quality service, proven track record with 25 years experience in port operations, guaranteed productivity levels, fully trained personnel, harmonious relations with workers, unrivaled strategic location, as well as all year favourable weather conditions have been fundamental for the Freeport to attract such major shipping lines to use its facilities  as their Mediterranean transshipment hub. Through the various mainline and feeder services presently calling at Malta Freeport, the Company is offering its clients connections with 116 ports worldwide, 66 of which are in the Mediterranean and the Black Sea. 2013 was an important year for Malta Freeport Terminals and nearly 2.75 million TEUs were handled which represented a remarkable increase of over 8% when compared with the traffic volume handled in 2012 of 2.54 million TEUs, which was another record-breaking year for the Company. 

Malta Freeport is taking the necessary measures to further enhance its position as one of the major hubs within the Mediterranean. As a result of the various development programmes undertaken, the Container Terminals’ current capacity is of 3.5 million TEUs. The Freeport now offers a total operational quay length of 2,463m, a total area for container storage of 713,000 square metres, a total of 14,643 container ground slots and 861 reefer points. Recently the Freeport has undertaken intensive dredging  works of the Port’s outer and inner fairway, inner turning circle, basin manoeuvring area and the approaches of Terminal Two North and South Quays as well Terminal One North Quay and alongside these quays to ‐17.0 m LAT. These dredging works now allow an access and maximum keel berthing draught of ‐16.0 m LAT to be realised. Malta Freeport is currently equipped with twenty-two Quayside Cranes, namely nineteen super post-Panamax and three post-Panamax Quayside Cranes. Four of the super post-Panamax Quayside Cranes are capable of handling either 4 20 foot containers or 2 40 foot containers in tandem operation whilst fourteen super post-Panamax Quayside Cranes can handle twin-lift spreaders. The Yard Cranes serving both Terminals include 2 Rail-Mounted Gantry Cranes (RMGs) and 50 Rubber-Tyred Gantry Cranes (RTGs). Forty of these RTGs have twin-lift spreader capability.

Presently Malta Freeport Terminals has the required expertise and resources to continue registering significant growth. Looking ahead at future challenges, Malta Freeport is presently sustaining its investment programme within the Port being fully determined to surpass its standing within the Mediterranean containerisation scenario. Such development projects will enable the Freeport to further increase its operational capacity to 4.2 million TEUs. This will raise Malta Freeport’s capabilities of enticing other clients to start using it facilities for their operations in the Mediterranean whilst being in an unmatched position to offer them a service fully in line with their increasing expectations.

 

http://www.maltafreeport.com.mt/

 

 
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