Turkey’s Filyos Port is expected to begin operations in Q3 or Q4 2020. The port, accompanied by a larger industrial zone project is slated to be the country’s third largest dock and is one of the five highest-funded works in Turkey’s investment program.
Located on the Black Sea coast, the port will begin operations at a 70-80pc completion rate with the remaining work likely to get completed in 2021.
The port can handle 25 million tons of cargo annually and has a 800,000 twenty-foot equivalent (TEU) per year container terminal. Construction of the site began in 2016.
Filyos will serve steel vendors and manufacturers in Turkey’s capital, Ankara, as well as countries on the Black Sea coastline and Eastern Europe, besides several important steel producers, including Kardemir and Mercier, which are in close proximity to the area. Kamil Güleç chairman of Kardemir stated that the company has dreamed of the project for 50 years, given their mill’s costly inland location.
Kardemir applied for the operation of the port and has secured the management of 8mn mt or 67pc of the total first phase port tonnage of 12mn mt. Kardemir imports raw materials including scrap in bulk vessels and exports steel products. Kardemir’s logistics expenditrues are expected to decline by 60-70pc once it has access to Filyor Port.
The port will receive electricity from two power plants that are 15 kilometers away and have a total 3,100-megawatt capacity, and will be connected through a railway line, nearby highways and an airport.