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MSC subsidiary TiL invests heavily in French container port

MSC’s terminal operating subsidiary, Terminal Investment Limited (TiL) has decided to invest US$706,4 million (€700 million) in the Port of Le Havre to strengthen the role of the French hub as the gateway to North-West Europe.

The investment, made by the sole shareholder of the TPO / TNMSC container terminals in Le Havre, will lead to the creation of 1,100 jobs over the next six years, according to a statement.

TiL, which is MSC’s terminal business, will install park gantries, doubling the number of gantries in the terminal to 20, while an order for the first nine is imminent. TiL will also triple the terminal’s storage capacity by installing fleet gantries in six berths with the conversion project expected to be completed by 2028.

The park’s new gantries will be electric-powered, and the port will provide shore power for ships.

According to an announcement, investments will also be integrated into the barges and rail transportation sector.





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