Port of Oslo has chosen the Turkish logistics and industrial company Yilport Holding as the new container terminal operator in Oslo.
The company won a competition in which four other international companies were bidders, reported Business wire.
The new operator will take over the operation of the container traffic in the port of Oslo late 2014 or early 2015. The agreement has a term of 20 years, but an option is in place for a 10-year extension.
Yilport Holding is part of the international family-run industrial and trade company Yildirim Group, which is based in Istanbul, Turkey. The company, established in 1963, is engaged in manufacturing and mining, trade, shipping, shipbuilding and port operations.
Yilport Holding operates two container terminals in Turkey and has a 50 percent stake in Malta Freeport Terminal. In 2014, they took over the operation of Gävle Container Terminal, one of the most effectively run container terminals in Sweden.
“We have chosen the international company Yilport Holding because we believe that they are the best choice to operate and develop the largest and most modern container terminal in Norway. The Port of Oslo aims to be a competitive and efficient port for the future. Our goal is to receive twice as much cargo as we do today, in order to supply an ever-growing population in the Oslo area.’’ Said port director Anne Sigrid Hamran.
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.
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