Fri 12 Jul 2013, 14:22 GMT

Le Havre storage project moves forward


First phase terminal capacity is expected to be at least 150,000 cubic metres for the storage of petroleum and petrochemical products.



Odfjell Terminals Europe and Grand Port Maritime du Havre (GPMH) have signed a Site Reservation Protocol for a plot of land at the Port of Le Havre to develop a bulk liquid terminal.

The planned terminal will be located inside the Port of Le Havre along the Grand Canal Maritime. The plot is approximately 31.5 hectares in size.

Commenting on the news, Hervé Martel, Chairman of GPMH Management Board, said: "Signing today the Site Reservation Protocol with Odfjell Terminals Europe is a significant stage for the GPMH, not only because it closes the phase of call for projects launched in 2011 in order to boost bulk liquid storage activity in its port and industrial zone, but also because the interest of this major player in bulk liquid transport and storage meets that of the GPMH, of the industries of the river Seine artery and beyond; it will thus contribute to strengthen their attractiveness and competitiveness."

The first phase will consist of at least 150,000 cubic metres (cbm) of storage for petrochemical and petroleum-related products. Construction is expected to start in 2015 and the terminal is due to open in the second half of 2017. The total investment for the first phase is estimated to be approximately EUR 150 - 200 million.

Le Havre is one of Europe’s largest ports, strategically located at the entrance to the River Seine. It is a deepwater port able to accommodate all types of sea-going vessels and an important industrial port with a local chemical cluster, forming part of the Seine Valley industrial complex.

Jan A. Hammer, President/CEO at Odfjell SE remarked: "This site reservation is another important step for expanding and growing our terminal business in Europe. When the terminal is built, we can offer our customers storage capacities in the most important shipping hubs for petrochemicals and other speciality bulk liquids in Europe with presence in Rotterdam, Antwerp and Le Havre. This will strengthen our position of being a preferred and leading liquid chemical storage provider. In the coming months, customer requirements will be fine-tuned and basic engineering will be started before permit applications will be submitted and Odfjell and GPMH make a final decision to proceed."

Image: Le Havre


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