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Port operators meet in Istanbul

Port operators meet in Istanbul
Marport was one of the attendees at the Port Finance International Conference, held in Istanbul on May 12-13. At the conference, port and terminal operators and financial institutions focused on current issues and trends.

Port and terminal operators meet in Istanbul

Marport was one of the attendees at the Port Finance International Conference, held in Istanbul on May 12-13. At the conference, port and terminal operators and financial institutions focused on current issues and trends.

Senior executives in companies that operate ports and terminals as well as banking, legal and corporate finance experts convened at the Port Finance International Conference, held at the Grand Cevahir Hotel in Istanbul on May 12-13. At the two-day conference, attendees examined issues such as the future of Turkish ports and east Mediterranean ports, the effects of the economic crisis, the possibilities for procuring financing for port investments in today"s unstable environment, port privatization, growth trends and risk in the market, insurance and current market conditions as well as recent innovations and developments in the industry.

?We have a positive outlook on the future?

Özgür Kalelio?lu, Business and Systems Director of Arkas Holding"s Port Services Group, gave a speech on the first day of the conference in which he evaluated the general status of the sector in Turkey as well as other countries in the Black Sea and the Mediterranean and also reported on Arkas" port operations and investment programs. Kalelio?lu noted that due to the economic crisis, there has been a drop in growth figures in 2009 compared with 2008. He stated, ?We believe that port operators and investors will find relief when exports increase in the last quarter of 2009. That is why we have a positive outlook on the future. At Marport, we have achieved annual growth of 20-25% over the past five years. We are currently operating the largest and most advanced container port in Turkey with a capacity of 1.7 million TEU, and we are working on new projects.? Kalelio?lu pointed out that the cost of investing in ports and terminals is very high and emphasized that those who think ahead and act based on long-term strategic plans will be successful.

Investments that are in keeping with development in the sector

In addition to Marport, a container port on the western shore of the Sea of Marmara, and Autoport, an car terminal on the eastern shore, the Arkas Port Group also offers terminal services at the ports of Izmir, Mersin, Gemlik, Haydarpa?a and Akport through its subsidiary Limar. Post-panamax vessels can dock at Marport, which with a draft of 14.5 meters is Turkey"s only deep water port. Its terminal operations make use of mobile cranes as well as nine SSG (Ship to Shore Gantry) cranes and 35 RTG (Rubber Tyred Gantry) cranes. Arkas" other large investment in port operations is Autoport, which is Turkey"s first car terminal and has an annual capacity of 400,000 vehicles.

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