ThPA SA: Contractor for the 6th Pier of Thessaloniki Port
ThPA S.A. announces that the joint venture “MYTILINEOS SA – ROVER MARITIME SL – HDK SA” has been awarded the project “Expansion of the Marine Works Infrastructure of Pier 6” with a budget of 150 million euro, at the current stage of the tender. This project is the most important part of the Mandatory Investments undertaken by ThPA S.A. under the Concession Agreement with the Greek State and will upgrade the position of the Port of Thessaloniki in the port industry by providing the ability to directly serve main liner container vessels (Ultra Large Container Vessels) with a capacity of up to 24.000 TEU.
According to the specifications, the project “Expansion of the Marine Works Infrastructure of Pier 6” includes:
• Construction of a new additional quay wall 513m long, of which 470m will have a depth of -17,7m.• Construction of an additional yard area, 306,5m wide.• All the additional infrastructure works that are required for ensuring full operability of the new quay wall and the yard area.
The implementation and completion of the project contributes substantially to economic and social development with various and multiplier benefits on a local and national level.
Specifically, the Pier 6 expansion project during its implementation period (2022-2025), according to a study by Deloitte, has been estimated that it:
• Generates annual revenues of over €230m throughout the port ecosystem directly or indirectly affected by the expansion of Pier 6 – this amount concerns the port, cooperating companies, suppliers, but also other businesses, especially in the transport sector.• Significantly increases public revenues from direct and indirect taxes over €35m per year.• Generates added value of over €90m per year during the construction period, contributing to the country’s GDP.• Supports, both directly and indirectly, the creation of more than 3.300 jobs, significantly strengthening the critical social sector of employment.
Additionally, in the period 2026-2035, the ten-year full operation of “Pier 6” is expected to:
• Generate annual revenues of €272m throughout the port supply chain, which includes cooperating companies such as suppliers and other businesses, especially in the transport sector.• Significantly increase public revenues from direct and indirect taxes of over €55m per year.• Generate added value of over €177m per year, contributing to the country’s GDP.• Support the creation of over 4.000 jobs, both directly and indirectly, significantly strengthening the critical social sector of employment.
The Executive Chairman of the BoD of ThPA S.A., Mr. Athanasios Liagkos highlighted the following: “The implementation of the project of Pier 6 expansion, contributes substantially to the economic and social growth, offering various and multiplier benefits for ThPA S.A. and more broadly for the businesses associated with port activities, both locally and nationally. The completion of the project marks the substantial upgrading of the position of the Port of Thessaloniki in the global port industry and the supply chain sector, strengthening its leading role in the country’s international development”.
The 2nd Stage of the Tender for the Expansion of Pier 6 is completed
The submission of binding financial and technical offers for the 2nd Stage – Call for Bids for the selection of the contractor for the project “Expansion of the Marine Works Infrastructure of Pier 6 completed today, Friday 5th of February 2021 at 15:00.
This project is the most important part of the Mandatory Enhancements undertaken by ThPA S.A. in the context of the Concession Agreement with the Greek State. This project enhances the position of the Port of Thessaloniki in the global port industry and the supply chain sector while offering strong exponential benefits to the economy and society, at local and national level.
Binding financial and technical offers were submitted by the following five (5) schemes:
1. ARCHIRODON GROUP NV2. CONSORTIUM (C/S) INTRAKAT CONSTRUCTIONS SA – INTERCANTIERI VITTADELLO SPA –SALES SPA3. J/V MYTILINAIOS SA – ROVER MARITIME SL – HDK SA4. J/V AVAX SA – ETERMAR SA – NV BESIX SA5. J/V ACCIONA CONSTRUCCION SA – DREDGING INTERNATIONAL NV
Agreement of Mutual Cooperation between Thessaloniki Port Authority S.A. and China Merchants Port Holdings Co. Ltd.
ThPA S.A. signed cooperation agreement with China Merchants Port Holdings Co. Ltd. and its subsidiaries China Merchants Holdings (International) Information Technology Co., Ltd.
Managing Director and Chief Executive Officer of ThPA S.A., Franco Nicola Cupolo, signed with Managing Director of CMPort, Dr. Bai Jingtao, an “Agreement of Mutual Cooperation” and with the General Manager of CMHIT, Wang Pei, a cooperation agreement about CTOS – Container Terminal Operating System in the Container Terminal of the Port of Thessaloniki.
This collaboration between ThPA S.A. and CMPort is a great opportunity for the companies to have a win-win cooperation, resulting to both European and Chinese markets opening.
ThPA S.A. and CMPort agree to proceed on all the commercial and operational aspects needed to promote the Port of Thessaloniki, in the Chinese market, as a Gate Port in Europe.
Thanos Liagkos, Executive Chairman of Bod, Thessaloniki Port Authority S.A., mentioned in his speech, “The signing of cooperation agreement with CMPort marks a major step forward for Thessaloniki Port Authority S.A. because this cooperation fully supports us achieving the promise of developing innovative strategies and sustainable operations, with multiple benefits for the Greek economy and the supply chain in southeastern Europe”.The Managing Director and Chief Executive Officer of ThPA S.A., Franco Nicola Cupolo, pointed out, “ThPA S.A. is implementing an extended investment plan and the crucial point of these investments is the expansion of the Container Terminal, allowing to serve main liner container services and accommodate Ultra Large Container Vessels of 24,000 TEUs capacity. We believe, the implementation of CTOS will provide additional value to our investments and support significantly the transformation of Container Terminal to international standards”.
In his speech, Managing Director of CMPort, Bai Jingtao, said: “The port of Thessaloniki has a long history, outstanding location and shipping advantages. It is not only the main import and export gateway in northern Greece, but also an important channel and logistics hub linking Europe and Asia. We believe that this successful cooperation is not limited to a system marching overseas in Europe, but also a promotion of the two parties in the port areas of Europe and Asia, which can be recognized another success and practice of the initiative of Belt and Road”.
Thessaloniki Port Authority S.A. Selects Consortium led by Hill International as Designer and Project Manager for Major Port Expansion Works
Hill International, the global leader in managing construction risk, announced that it has signed an agreement with the Thessaloniki Port Authority S.A. (THPA) as leader of a consortium including Rogan Associates SA, to provide design and project management services for the planned expansion of the marine works infrastructure of Pier 6.
The Port of Thessaloniki is the most important port of Northern Greece and a key transportation hub for Southeast Europe as a part of the Core Network of the Trans-European Transport Network. It occupies a total area of approximately 1.5 million square meters and hosts a variety of activities, including servicing of all types of cargo, ferry/passenger shipping, and cruises, as well as the Port of Thessaloniki free zone operating under applicable tax and customs legislation.
Following an international privatization process that was concluded in March 2018, the Hellenic Republic Asset Development Fund entered into a Shares Purchase Agreement with a group of international investors (South Europe Gateway Thessaloniki (SEGT) Limited) for the acquisition of 67% in the share capital of THPA. Pursuant to the terms of the relevant Concession Agreement, THPA is required to implement a minimum of €180M ($203M) capital expenditure program to upgrade the port. The main project relates to the expansion of the marine works infrastructure of Pier 6.
More specifically, the project involves the construction of one new additional quay wall with a minimum continuous length of 440 meters, out of which at least 400 meters provide a minimum draught of -17.60 meters MSL (Mean Sea Level); construction of additional yard area; construction of all complementary infrastructure works needed for the full operation of both the new quay wall and the corresponding yard, including dredging of navigation channel and ship maneuvering area at a minimum water depth of -17.60 m MSL; pavements at the yard area; and utilities networks. The overall duration of the project is 46 months and services to be provided by the consortium include the update and preparation of the detailed design, management of the construction procurement tender, and project management/supervision during construction.
“The upgrade of the Port of Thessaloniki is an investment of particular significance for the city, but also fostering cross-border synergies in Southeast Europe and promoting regional growth,” said Manolis Sigalas, Hill’s Vice President and Managing Director for Southern Europe. “This award augments our global port projects portfolio and is reflective of our distinct capabilities in the region. We are truly honored and, together with our partners, we look forward to working hard with all stakeholders involved for the project’s successful delivery”.