Yil­port to ac­quire Taranto Ter­mi­nal, CEO tweets

Dünya Executive - - OVERVIEW -

Robert Yuk­sel Yildirim, Chair­man of the Board of Di­rec­tors of Yildirim Hold­ing, an­nounced a sig­nif­i­cant in­vest­ment through his so­cial me­dia ac­count, Ay­sel Yu­cel of daily DUNYA re­ported. “Yes­ter­day we had an ex­cel­lent meet­ing with CEO of Taranto Port Au­thor­ity, Ser­gio Prete and Gen­eral Secretary Ful­vio in our Maslak Head­quar­ters in Is­tan­bul. We are ready to sign the Con­ces­sion Agree­ment for Taranto Con­tainer Ter­mi­nal for 49 years on Tues­day, July 30th in Taranto,” he tweeted.

Yildirim Hold­ing, which also owns a 24 per­cent share of the world’s largest con­tainer op­er­a­tor, CMA CGM, has sig­nif­i­cant port in­vest­ments in Turkey and abroad. Es­tab­lished in Au­gust 2011 to unite the port and con­tainer ter­mi­nal op­er­a­tions of Yildirim Hold­ing un­der a sin­gle roof, Yil­port Hold­ing started its op­er­a­tions by ac­quir­ing Sedef port from STFA Hold­ing in 2004 and Alem­dar port in 2005. The com­pany ac­quired 50 per­cent of Malta Freeport in 2011. The com­pany ex­panded its port­fo­lio with the ac­qui­si­tion of Ro­taPort in 2012, and the Gävle Con­tainer Ter­mi­nal in Swe­den and the Oslo Port in Nor­way in 2014, ex­pand­ing into the Scan­di­na­vian re­gion. In 2015, it added 7 ter­mi­nals in Por­tu­gal, 2 in Spain and one in Peru. In 2016, Turkey’s largest liq­uid cargo ter­mi­nal, Sol­ven­tas Teknik De­po­lama A.S., was added to Yil­port port­fo­lio. Fur­ther­more, the ac­qui­si­tion of the rights of Baltic Sea Gate­way Com­pany, made Yil­port the sole op­er­a­tor of Gävle Port.

Global aims

Yil­port ex­panded its global net­work into Latin Amer­ica by ac­quir­ing Puerto Bo­li­var’s op­er­at­ing rights in Ecuador and ex­panded its global net­work to Latin Amer­ica. The com­pany wants to build Latin Amer­ica’s largest ter­mi­nal on the Pa­cific coast by investing in the port. It also aims to cre­ate world class, multi-pur­pose fa­cil­i­ties glob­ally. Yil­port, which aims to be­come a global port op­er­a­tor by 2025, ranked as the world’s 12th largest ter­mi­nal op­er­a­tor in the Drewry 2017 list.

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