Review of 2023: Energy Transformation Is Underway

Review of 2023: Energy Transformation Is Underway

24 January 2024
Port strategy

On 19th January 2024, Nantes ‒ Saint Nazaire Port presented its Review of 2023 and Future Prospects to the media. This was the opportunity to make a mid-term progress report on the strategy adopted in 2021.

On 3rd December 2021, Nantes ‒ Saint Nazaire Port’s Supervisory Board adopted the strategic plan for the period 2021-2026; it is built upon three major objectives: "delivering successful energy and ecological transition", "consolidating the Port's role as the maritime gateway to Greater Western France" and "serving the economic and social development of the Loire Estuary", which are being implemented via a programme comprising 30 actions.

At the halfway point, three quarters of those actions have been undertaken. The levers for growth identified in order to offset the decrease in fossil energy activities and to help to construct a new economic model have been activated; these include the conduct of real-estate projects for the logistics and tertiary sectors, and the creation of services enabling the emerging offshore floating wind turbine sector to develop. Actions are also being undertaken to promote the growth of bulk cargo and general cargo traffic, including containers and ro-ro, to the benefit of firms and companies in Greater Western France.

The initial results today confirm the relevance of the strategy that was adopted over two years ago now, underpinned by a high level of investment that is the expressed in a long-term policy for the period 2021-2030 and represents the total amount of 530 million euros (M€).