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Maltese investor ready to expand Baltic terminal footprint at Gdansk

POLISH port authorities are negotiating with Malta's Mariner Capital to privatise Port of Gdansk Logistics, a multipurpose terminal operator, reports the UK's Port Strategy magazine.

"We can grow the business to everyone's benefit and we are ready to invest. We have a detailed business plan and are ready to roll as soon as we get the green light," said Malta's Mariner Capital chairman and CEO Marin Hili.



Tendering by the Gdansk port the authority began in March to run Port of Gdansk Logistics that operates on eight quays on 90 hectares on both sides of the Dead Vistula river, an ecologically moribund branch of the river running into the city.



Mr Hili's business plan aims to build Gdansk throughput, which Mariner Capital claims it has already done in the development of other small to medium sized ports.



The Mariner group holds the concession for Latvia's Riga Container Terminal and owns 50 per cent of Terminal Intermodale Venezia (TIV) in Venice, both of which have been upgraded.
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