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APC AND COEC ANALYSE THE SITUATION OF PORT INFRASTRUCTURES

Cartagena, 27 December 2019 - The president of the Port Authority met today with the president of the COEC, in what is her first contact after the incorporation of Yolanda Muñoz. She was accompanied at the meeting by COEC Vice President and Treasurer, Ginés Huertas and José Manuel Antón, respectively.

Promoting the LAZ and a new container terminal are the main objectives set by both Muñoz and Correa for the next four years. These issues are dealt with together with the reactivation of trade and the revitalization of the urban centre.

"Cartagena and its port need to grow, so having infrastructures such as a new container terminal and an area for logistics activities is essential.” Regarding the new container terminal "that is required for the port expansion it needs intermodal connection with rail, as well as a transport and storage area".

The President explained the actions put in place by the APC for the purchase of land where the Bonded Warehouse and the Transport Centre are located and their subsequent transfer to the ZAL of Los Camachos. Muñoz recalled that since January of this year the Port Authority has available the €2.5 million to carry out the operation for "the transfer of the Bonded Warehouse and the Transport Centre is a key step for the development of the ZAL".

The Port Authority would not proceed with the occupation of the current land of Santa Lucía for the City of Transport and bonded warehouse until the construction and commissioning of the new Los Camachos ZAL facilities is completed, and therefore the activity in Santa Lucía can continue until the transfer is effective. The amount indicated must be destined for the purchase of land and actions to be defined in the ZAL of Los Camachos in order to be able to move there and expand the current transport and bonded warehouse facilities in the city.

The President also explained the new lines of business that the Port of Cartagena is promoting, among others in the offshore sector, the term used to refer to the exploitation of oil wells from offshore platforms. "It is increasingly common for platform ships to choose the Port of Cartagena for long maintenance stays. This is an important benefit for the port community and local industry in general as it provides continuous work for both port companies as well as ancillary companies. Repair shops, company supplying materials for ships, transport companies are the most demanded in this sector," said Muñoz, "so we understand that this is a new business niche that will benefit businesses from Cartagena by the impact that these stays have the sectors mentioned but also in others such as tourism and trade.

Over the last 18 months, five vessels of these characteristics have called at Cartagena's docks for extended stays: the Stena Stena Icemax, from the Stena Drilling shipping company, which carried out routine maintenance and overhaul operations on some of its equipment, including the replacement of the sewage recycling plant with a more environmentally sustainable one; the Transocean 706, a semi-submersible drilling platform; the Castorone, a pipe-laying vessel, 'which stayed for a few weeks; the Drillship Atwood Advantage, with a length of 238 m, 42 m beam and an operational capacity to work at depths of 3658 m, which stayed for three months; and the Saipem 700, the second largest semi-submersible crane vessel in the world, which stayed for almost 8 months.

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