Port of Thessaloniki sees new €150m expansion

The Greek container port at Thessaloniki, one of the largest seaports in the Eastern Mediterranean, is set to expand to the tune of €150 million.

Mytilineos, the multinational industrial and energy company with a strong presence in all five continents, will undertake the project in partnership with Rover Maritime and HDK.

The scope of work will include the construction of an additional quay wall that will be 513m long, of which 470m will have a depth of 17.7m.

Additionally, the contract stipulates the construction of an additional yard area with a width of 306m and infrastructure works intended to ensure full operability of the new structures.

Athanasios Liagkos, executive chairman of the board of ThPA (Thessaloniki Port Authority), pointed out that the completion of the project “marks the substantial upgrading of the position of the Port of Thessaloniki in the global port industry and the supply chain sector, strengthening its leading role in the country’s international development.”

Read more: Port of Genoa receives €300m loan for expansion

The port expansion work will start this year and is due to be completed in 2025, and is expected to support the creation of some 3,300 jobs.

The Port of Thessaloniki is one of the largest sea ports in the Eastern Mediterranean. It is considered the gateway Port to the Balkans and South East Europe, located in Northern Greece close to the major Trans-European motorway and railway networks with direct access to the south-eastern European countries.

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