Qterminals forms JV to build and operate a new Polish terminal: A joint venture between Qatari port operator QTerminals and Belgium’s Deme concessions will build and operate a new deep-water container terminal in Świnoujście on Poland’s Baltic Coast, according to a press release. QTerminals inked an initial agreement with Polish port authorities and has applied for environmental clearances, according to the press release.

Ownership breakdown: QTerminals is the minority partner in the JV, according to the press release, which did not specify the exact stake it owns. The company will, however, hold the operating contract for the new container terminal, the statement said. The statement did not disclose any financial details concerning the arrangement.

Details: The terminal is slated to have an initial yearly capacity of 1 mn twenty-foot equivalent units (TEUs) and should be operational by 2028, according to the report. Subject to demand and market conditions, the facility could be upgraded to handle 2 mn TEUs per year, QTerminals group chief business development and integration officer Charles Meaby said in statements cited by the report.

Who will use the terminal? The terminal will be able to service two ships — 400 meters and 200 meters long — at a time and looks to cater to Western Poland and some parts of Eastern Germany. The shipping canal connecting the terminal permits vessels with a draft of up to 15 meters, allowing the planned terminal to service ocean-going vessels, the statement added. The proposed site is also near an LNG import terminal, helping streamline supply chains, the report also said.

REMEMBER- Late September saw QTerminals nab a majority stake in Rotterdam-based logistics service provider Kramer Group, whereby it established a foothold in the Port of Rotterdam, Europe’s largest port.

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