Port Strategy: Tallinn's multi-level investment strategy

These include the formation of a container hub with initial capacity of 1.2m teu, and with the potential for up to 3m teu, increasing new car handling capacity to 300,000 units a year, entering the LNG and or LPG logistics market by enabling the construction of gas terminals at the port, and increasing the competitiveness of storage services for oil and oil products.

Within its real estate targets, the port is looking to develop industrial parks at Muuga and Paldiski South Harbour for value-added activities linked to the port and promoting and developing Muuga Harbour as a centre creating added value for business. There are also plans to buy additional land bordering the port. Reclamation at Muuga Harbour has been the major development in the second half of 2008, and this will continue into 2009.

This 27 hectare expansion and the construction of two new berths with 14.5 m depth will add capacity of about 350,000 teu a year. Work is due for completion at the end of next year. At Paldiski South Harbour, the construction of two new berths and the reclamation of 2.7 ha are due for completion in July 2009.

This will enable the Port of Tallinn to separate dry bulks and car handling areas.

Source http://portstrategy.com/archive101/2008/december/regional_fe~

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