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Cagliari rejects PIFIM, Port of Amsterdam International offer

SARDINIA's Cagliari port authority has announced its rejection of an offer from London-based venture capitalist PIFIM, supported by Port of Amsterdam International, to run its local container terminal

29 November 2020 - 19:00

SARDINIA's Cagliari port authority has announced its rejection of an offer from London-based venture capitalist PIFIM, supported by Port of Amsterdam International, to run its local container terminal.

An international tender was launched earlier this year to find a new operator for the quay, which has been managed for over 20 years by Cagliari International Container Terminal, a company controlled by Contship Italia.



Before the offer was officially rejected, the Sardinian port authority had already communicated that it was no longer interested in investing in the turnaround and re-launch of the terminal, reported Singaore's Splash 247.



The port area covers 400,000 square metres, 1,500 metres of quay and a potential throughput of 1.3 million TEU per year.



The only remaining option on the table is the proposal submitted by Grendi Group which asked for part of the available area to build up a small (regional) container terminal equipped to handle traffic from feeder ships operated by MSC and Hapag-Lloyd.


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