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3.7 Million Euros Allocated by the European Union for the Container Terminal Quay Extension

Extension terminal à conteneursOn 30th November, Nantes- Saint Nazaire Port and the European Union signed the grant agreement for the Atlantic Container Centre project. This action officializes the financial participation of the European Union in the Montoir de Bretagne container terminal quay extension.

It is now official: the European Union is providing its support for the Atlantic Container Centre project. Submitted by Nantes - Saint Nazaire Port in February 2015 and preselected by the European Union last summer, this application comes under the European Interconnection Mechanism (EIM) programme for 2014–2020. The recent signing of the grant agreement serves to confirm 3.7 million euros in European Union funding for the quay extension at the Montoir de Bretagne container terminal. These EU funds are in addition to the contributions from Central Government (7 M€), from the Regional Authority (7 M€) and from the Departmental Authority (7 M€) within the framework of the Central Government – Regional Government planning agreement.

A major development project, the quay extension will permit the Port to meet the new requirements of container traffic, since the development of the world’s shipping fleet makes it necessary to be able to receive container ships with a volume of between 6 000 and 8 000 TEUs (twenty-foot equivalent units). The terminal will thereby be configured to accommodate vessels of up to 320 metres in length and with a draught of 14.5 metres. It may be noted that the work started in September 2015. The new facility is due to come on stream in the autumn of 2017.

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