APM Terminals Poti and Poti New Terminals Consortium have submitted conceptual designs for the first stage construction permit of the Poti Port expansion, which includes a new breakwater and extended quay wall.
The designs, submitted to the Ministry of Economy and Sustainable Development of Georgia, include construction, development and operation of a new breakwater, 700m of quay wall for dry bulk, containerised and general cargo, and modern equipment such as Ship-To-Shore cranes.
“After high-level and in-depth negotiations with authorities, cargo owners, equity partners and financial institutions we concluded that Poti will continue as the prime access to the Caucasian and the Central Asian markets. We believe that we have the skills, ability and expertise to contribute to the economy of Georgia by persisting in our journey to further develop the Poti Sea Port,” said Klaus Laursen managing director of APM Terminals Poti.
The project plan entails a 14.5m water depth at the 700m quay wall and 25 hectares of dedicated land for the bulk operation for yard and covered storage facilities for various cargo types, including grain, ore, and minerals.
“The new bulk port will handle cargo lots up to 60.000 tons/vessel creating new cost-effective opportunities for cargo owners in Georgia, Azerbaijan, Armenia and other central Asian countries,” added Mr Laursen.