Independent journal on economy and transport policy
13:41 GMT+1
This page has been automatically translated by Original news
Rotterdam World Gateway obtains a credit line of 360 million euros
It will be used in order to finance the construction of the container terminal in the area Maasvlakte 2 of the port of Rotterdam
June 20, 2012
Rotterdam World Gateway (RWG), the consortium participated with 30% from the terminalista group DP World, with 20% from each of the shipowning companies APL, Mitsui O.S.K. Lines (MOL) and Hyundai Merchant Marine (HMM) and with 10% from the shipowning company CMA CGM, has announced to have reached an agreement with a group of banks in order to finance the first phase of construction of the container terminal in the area Maasvlakte 2 of the port of Rotterdam that will be operated by the consortium within a concession contract undersigned in 2007 ( on 17 September 2007).
The total investment for the realization of the first phase of the project piles to about 600 million euros. The credit line of the duration 20-year-old obtained from the consortium has a total value of 360 million euros and is granted by the ABN-Amro institutes, BTMU, KfW Ipex, Mizuho, NIBC, SMBC and West LB.
RWG has specified that the construction of the terminal will begin and the system shortly, initially destined to become operating in 2013, will enter in October 2014 in exercise. The first phase of the project previews that the terminal reaches a annual ability to traffic pairs to 2,35 million teu.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher