16.9 C
Hamburg
Sunday, May 18, 2025
Home Port News Spanish Government earmarks over US$19 million for Sagunto inner rail network construction

Spanish Government earmarks over US$19 million for Sagunto inner rail network construction

The Spanish Government announced the tendering of a contract for the construction of the inner rail network of the Port of Sagunto in Valencia, with an estimated investment of €17.5 million (US19.3 million) and a completion period of 11 months.

The project will be financed with European CEF funds and will include the design of an Intermodal Goods Facility, with a yard for containers and another for vehicles.

More specifically, the Container Beach will be located, in part, on an unpaved landfill area and will have a length of 750 metres, arranged in the South–North direction, enabling the future widening of the access road to the southern area of the Port of Sagunto.

Additionally, the Vehicle Beach must be capable of accommodating trains of 750 metres in length and have a service road to the terminal that also connects the beach with the quay.

This project is part of the strategy of the Port Authority of Valencia (PAV), which includes investments of more than US$260 million in the rail sector and is related to the plan to decarbonise operations.

In order to carry out the works of the new project, a series of necessary actions are contemplated and foreseen in the tender approved by the Government.





Latest Posts

Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...
error: Content is protected !!