Gulftainer has won a bid to develop and run a new container port in Tripoli, Northern Lebanon. An investment of $60 million will fund machinery for the new port, including three ship-to-shore gantry cranes, nine yard cranes and up-to-date technology to manage the yards and containers in the new port smoothly.
Once the port has been completed, it will be able to receive some of the largest container ships in the Eastern Mediterranean. The new Port of Tripoli will alleviate some of the congestion at nearby Port of Beirut, and an alternative terminal to that of Tartous and Lakakia in Syria.
The new port will provide another route for imports and exports to Iraq from the Mediterranean Sea. This will cut transit times from Europe to Iraq, allowing cargo to pass through the new Tripoli Port and travel via road to its destination in Iraq. Currently the Umm Qasr Port (Iraq) and the Gulftainer Port in Tripoli (Lebanon) are not linked via rail, although it would only take 31km of track to link the two ports.
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