Tuesday, December 24, 2024
spot_img
HomeNewsMarseilles Fos completes port reform transfers

Marseilles Fos completes port reform transfers

Stevedore Intramar has a 66% stake in the company, with the port authority holding 34%. Cargo handling at the port is now entirely carried out by private or part-private companies. On May 3, a total of 160 Fos-based personnel were transferred to Eurofos and Seayard at the container terminal and to Carfos at the ore and grain terminals. Six post-Panamax container gantries were also handed over together with cranes and conveyor plant for the dry bulk operations.
This was followed on May 16 with the transfer of 210 personnel, discharge arms and the pipeline network for the Fos and Lavera oil terminals. These are now operated by Fluxel, a specially formed venture between the port authority and three private industrial partners. Under the national reforms, the port authority’s overriding future focus will be on development and infrastructure. In this respect the executive board hosted a meeting on May 24 to seek further backing from its public
funding partners. National, regional and city authorities contributed 25% of the EUR560m required under the port’s 2005-2010 investment plan for projects such as the Fos 2XL container, Tellines cereals and Marseilles passenger terminals.
The port now wants support for its 2009-2013 strategic plan, which budgets EUR600m for developments including Fos 4XL, the Distriport and Feuillane logistics zones, an enhanced rail network and enlarged access for the new generation of ferries and cruise vessels. Executive chairman Jean-Claude Terrier says: “Our ambition is to offer world class infrastructure and leading-edge multimodal logistics facilities. Strong investment partnerships, particularly with local authorities, are essential
in helping us to develop port traffic and employment opportunities.” The Fluxel board held its first meeting on May 13 to mark the
company’s official constitution as the new operator of the Fos and Lavera oil terminals. The Marseilles Fos port authority has a 66% stake in the company since the terminals are deemed to be of national importance, with three private
partners holding the balance. Global petrochemicals company INEOS, part of a group with existing interests in the Lavera industrial complex, has a 20% stake. SPSE – responsible for South European Pipeline deliveries to Switzerland and Germany – has 10%, while the remaining 4% is held by inland waterways products carrier CFT, which
serves the Rhone-Saone corridor. The port authority has the discretion to seek new partners and reduce its share while maintaining a majority stake.
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular