APM Terminals Valencia extends its concession until 2049 after committing 10 million euros to electrification

 

 

APM Terminals obtained from Autoridad Portuaria de Valencia a concession extension until 2049 after committing more than 10 million euros to electrify the Muelle de Levante and improve the productivity and energy efficiency of its Mediterranean terminal.

 

El Board of directors from the Autoridad Portuaria de Valencia (APV) has given the green light to the eight-year extension of the concession of APM Terminals ValenciaThis decision is subject to a new investment plan which exceeds 10 million euros, entirely destined to boost the productivity, the environmental quality and Energy Efficiency of the infrastructure. With this move, the company reaches the maximum limit of 50 years of ordinary extension allowed by the current State Ports and Merchant Marine Law.

 

The approval is due to the fact that the proposed investments exceed 20% of what was initially stipulated in the concession contract, thus meeting the legal requirements for substantial modifications. The trajectory of APM Terminals The partnership in the Valencia venue dates back to 1999, now consolidating itself as a long-term partner for the foreign trade Spanish.

 

Commitment to decarbonization: PAHO System

 

The central pillar of this investment is the electrification of the Levante DockTo do this, the first system will be installed. Onshore Power Supply (OPSThis is one of four projects planned by the company in Valencia. This initial phase includes the creation of an energy delivery center and a transformation and conversion substation, essential for reducing the environmental impact of docked ships.

 

This project aligns with the objectives of the European Union for climate neutrality in 2030 and the ambition of APM Terminals to reduce its operational emissions by 70% by that year, with the ultimate goal of being carbon neutral by 2040The initiative is part of the program OPS Valenciaport, led by the Fundación Valenciaport and co-financed with European funds from the program CEF Transport.

 

Tim Miltenburg, Director of Center of Excellence in Decarbonization de APM Terminals, highlighted the importance of this collaboration: “Decarbonization goes beyond the limits of the terminal. Therefore, APM Terminals "It not only focuses on our own operational emissions, but also works globally to drive solutions that reduce emissions across the entire terminal ecosystem, including those of our customers."

 

Operational capacity for Gemini Cooperation

 

In addition to sustainability, the investment includes adapting the defenses of the Muelle de LevanteThis technical improvement is critical to enabling the scaling of ships of extraordinary dimensions, specifically those of the classes E-class y EEE-classThese ships operate under the Cooperación Géminis, the strategic alliance in which the shipping companies participate Maersk y Hapag-Lloyd.

 

Thanks to these actions, the terminal will be able to manage services on the route Asia-Mediterranean with drafts of up to 16,5 meters, reinforcing the logistics connectivity global of the region.

 

 

Key data on the expansion and investment commitment:

Concept	Agreement Details
Committed investment	Over 10 million euros
Concession extension	8 additional years (until 2049)
2030 emissions target	70% reduction
Maximum permitted draft	16,5 meters
operational alliance	Cooperación Géminis (Maersk y Hapag-Lloyd)

 

For its part, Julián Fernández, CEO APM Terminals Spanish Gateways, has emphasized that this institutional support allows progress in the competitiveness of the Port of Valencia as a "strategic location on major shipping routes." The executive assured that the work will be carried out in a way that will not disrupt commercial activity.

 

Key points and frequently asked questions about the expansion of APM Terminals Valencia

 

Why has the concession been extended until 2049?

The extension is granted due to an additional investment commitment that exceeds 20% of the initial investment, meeting the legal requirements to reach the maximum of 50 years allowed by port law.

 

What does the OPS system that will be installed consist of?

It is an electrification system that allows ships to connect to the terminal's electrical grid while docked, avoiding the use of auxiliary engines and drastically reducing polluting emissions.

 

What impact will this have on freight traffic?

The terminal will be able to receive large vessels (E-class and EEE-class) with drafts of up to 16,5 meters, optimizing long-distance routes between Asia and the Mediterranean.