Norway's Port of Oslo has chosen the Turkish logistics and industrial company Yilport Holding as the new container terminal operator in Oslo in an agreement running for 20 years with an option for a further 10 years, according to Shipping Gazette.
The company won a competition in which four other international companies were bidders. The new operator will take over the operation of the container traffic in the port of Oslo late 2014 or early 2015.
Istanbul, Turkey-based Yilport Holding operates two container terminals in Turkey and has a 50 per cent stake in Malta Freeport Terminal. In 2014, they took over the operation of Gavle Container Terminal, one of the most effectively run container terminals in Sweden.
Port director Anne Sigrid Hamran said Yilport Holding was the best choice to operate and develop Norway's largest and most modern container terminal, which has a 260,000 TEU capacity that is to increase to 300,000-350,000 TEU by 2015/16.
"Our goal is to receive twice as much cargo as we do today to supply an ever-growing population in the Oslo area. Yilport Holding was selected based on both economic and commercial criteria," Ms Hamran said.
The new company will lease space and cranes from the Port of Oslo. The operator will also hold employer responsibility for the crane operators, which until now have been employed by the port authority.
Crane operators will be transferred to the new terminal operator after which, a more efficient and smooth operation is expected.
The company won a competition in which four other international companies were bidders. The new operator will take over the operation of the container traffic in the port of Oslo late 2014 or early 2015.
Istanbul, Turkey-based Yilport Holding operates two container terminals in Turkey and has a 50 per cent stake in Malta Freeport Terminal. In 2014, they took over the operation of Gavle Container Terminal, one of the most effectively run container terminals in Sweden.
Port director Anne Sigrid Hamran said Yilport Holding was the best choice to operate and develop Norway's largest and most modern container terminal, which has a 260,000 TEU capacity that is to increase to 300,000-350,000 TEU by 2015/16.
"Our goal is to receive twice as much cargo as we do today to supply an ever-growing population in the Oslo area. Yilport Holding was selected based on both economic and commercial criteria," Ms Hamran said.
The new company will lease space and cranes from the Port of Oslo. The operator will also hold employer responsibility for the crane operators, which until now have been employed by the port authority.
Crane operators will be transferred to the new terminal operator after which, a more efficient and smooth operation is expected.