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Hanjin Shipping, at the Port of Algeciras (Spain)

01/16/2009

The contract is worth €34.8m and the terminal covers an area of nearly 300,000 square metres.

It will be the first semi-automatic container-terminal in the Mediterranean area.

The contract is worth €34.8m and the terminal covers an area of nearly 300,000 square metres.

It will be the first semi-automatic container-terminal in the Mediterranean area.

ACCIONA Infrastructures has been chosen by Total Terminal International Algeciras (TTIA) - a company set up by South Korean shipping group Hanjin Shipping - to build the first stage of the Isla Verde Exterior cargo terminal at Puerto Bahía (Algeciras, Spain). The 34.8 million-euro contract will be executed over 11 months. Work at the site earmarked for TTIA's terminal at Isla Verde Exterior will include, mainly, the terminal floor as well as the construction of its office building and repairs workshop. The terminal covers an area of 292,910 square metres, with a manoeuvring zone of 57,990 square metres; and two rows of docks - the East dock is 650 metres long and the North dock 550 metres. TTIA plans to have the terminal up-and-running in 2010. This will be the first semi-automatic terminal in the Mediterranean area.

South Korea-based Hanjin Shipping Co is part of one of the world's largest global transport and logistics conglomerates, which also includes Korean Air and Korea Airport Services, JungSeok Enterprise Co. and Systems & Telecommunications.

Puerto Bahía (Algeciras) is Spain's leading port in terms of volume of activity, particularly Merchandise Traffic Control (75 million tonnes) and Container Traffic (3.3 million tonnes of TEUs - standard 6-metre containers). The Algeciras Bay Port Authority (APBA) continues to invest in Phase B (the second building stage)] of Isla Verde Exterior, in which Hanjin holds a preferential option for the next two years. Together, both phases will have 1,900 metres of mooring dock with depths between 17.5 and 18.5 metres, and a 72-hectare esplanade. APBA's investment in Isla Verde Exterior comes to €400m.

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