News / Yilport eyes revival of port of Taranto and 'new phase of takeover opportunities'

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Following the departure of its high-profile chief executive, Christian Blauert, last month, Turkish port operator Yilport has ambitions to redevelop the “mothballed” Italian port of Taranto into a new Mediterranean transhipment hub.

Last year, Yilport signed a 49-year operating lease with Taranto port authority to operate its container terminal, which has been idle since Hutchison and Taiwanese shipping line Evergreen left in 2015 after failing to secure carrier customers.

However, this week Alphaliner reports Yilport has contracted container handling equipment manufacturer Konecranes ...