Advertise your business here! 🚀

Commitment To Sustainable Development In The Port Of Sagunto

port-and-ship

Apr 07, 2025

Bunker Port News Worldwide

The port of Sagunto is consolidating its activity with the promotion of a new terminal project. Specifically, the Board of Directors of the Port Authority of Valencia (PAV), at its meeting today, approved the specifications for the public tender which will lead to the granting of an administrative concession for the occupation of the port public domain for the construction and operation of a solid bulk terminal (excluding clinker and cement), with the granting of the concession at Muelle Centro 2 also pending.

The aim of the Port Authority of València is to boost local and regional economic activity by attracting new investments and operators in the field of bulk solids compatible with current port operations.

The dynamization of bulk traffic will not only strengthen the competitiveness of the port, but will also generate direct and indirect employment, favouring the growth of strategic sectors such as agro-industry, metallurgy and construction.

The port of Sagunto has significant potential to recover and strengthen this traffic, consolidating itself as a strategic node in the Mediterranean. Its proximity to industrial and logistics hubs, together with its infrastructure and land and rail connectivity, make this port an ideal location to attract new operators and diversify freight traffic.

Commitment to decarbonisation and the environment

In this tender to promote a new bulk terminal, equal weight has been given to both the qualitative evaluation (technical proposal) and the quantitative evaluation (economic proposal), with 50% of the total score being assigned to each of these blocks. This distribution reflects the commitment to sustainable development, respect for the environment and compliance with best environmental practices.

The high score given specifically to the environmental criterion in the qualitative section shows the importance that the PAV attaches to protecting the environment and promoting responsible and sustainable initiatives. The aim is to select the best offer which involves the development of a modern and efficient infrastructure which guarantees compliance with operational and environmental standards.

Also, in the port of Sagunto, today’s meeting of the Board of Directors approved the substantial modification of the concession held by Intersagunto Terminales, by modification of the concessionary object, incorporating the activity of handling agri-foodstuffs bulk cargo.

Other: Promotion of inter-administrative collaboration

The PAV Board of Directors has also approved two inter-administrative cooperation agreements with the Tax Agency and the Ministry of Economy, Trade and Enterprise.

Agreement for the start-up of new border facilities at the Port of València and the Port of Gandia

In this sense, the councillors have approved the agreement between the Ministry of Economy, Trade and Enterprise and the PAV, for the occupation of public domain with the aim of making available to the Ministry certain border facilities for the control of goods necessary for the development of the inspection service of its competence in the ports of València and Gandia.

The agreement of a demanial nature establishes the general conditions of use by the SOIVRE inspection service, a service dependent on the Ministry. This agreement does not involve the transfer of the port public domain and the expiry date is set at four years.

Maritime base for the customs surveillance vessel in the Port of València

At today’s meeting, the councillors also approved the agreement between the State Tax Administration Agency and the Port Authority of València for the occupation of the public domain for the installation of a maritime base for the customs surveillance vessel in the Port of València.

The agreement establishes the general conditions for the use by the Tax Agency of a building area that includes: an accessory land area of 820 m2 and 712 m2 of water surface. Its use will be exclusive and private, and its purpose is the establishment of a maritime base for customs surveillance.

The term of the agreement is set at 15 years, provided that the occupation of the spaces included in the agreement is necessary for the effective development of the activities of its purpose.

Extension of the agreement between the University of València and PAV

The meeting approved the extension of the agreement between the University of València and the Port Authority of València to continue with the development of the Valencia Port Chair of Port Economics.

Source: The Port Authority of Valencia

Share Your Insights!

Publish your articles, reach a global audience, and make an impact.

Related News You might want to check out

Hellenic Shipping News

Oh, Was Payrolls This Morning? A Jobs Report Deep Divein World Economy News 07/04/2025 Markets were perhaps the least interested they’ve ever been in a monthly employment report on Friday, with world stock markets plunging in the wake of President Trump’s massive tariff announcement on Wednesday and China’s hardball retaliation. The U.S. economy added 228,000 jobs in March (USNFAR=ECI), 94.9% improvement over February’s downwardly revised 117,000 gain and 93,000 more than analysts expected. This marks the fifth upside surprise in the past 12 months, and the fourth reading north of 200,000 over the past year. Digging beneath the headline, service-providing jobs accounted for 94.3% of the 209,000 private sector job adds. The retail sector rebounded, adding 23,700 jobs, while government payrolls – which include state and local agencies unaffected by the mass DOGE-related firings – increased by 19,000, a steep acceleration from February’s gain of 1,000, revised sharply lower. “While the data is now especially stale in light of this week’s sweeping tariff actions, the strong beat on U.S. jobs should help investor sentiment heading into the weekend,” writes Natalia Lojevsky, managing director at CIFC Asset Management. “The number confirms that the US economy, lead by the seemingly indefatigable US consumer, has kept trucking along despite pervasive uncertainty which has roiled risk assets,” Lojevsky adds. The report also gave markets their first glimpse at March inflation, showing average hourly wages rose by 0.3%, slightly warmer than the prior month’s 0.2% print and inline with analyst expectations. Year-over-year, however, wage growth cooled down, rising to 3.8% from 4.0%, and landing a hair below the 3.9% consensus. It’s a move in the right direction, but 3.8% remains well north of the Powell & Co’s 2% annual inflation goal. “The Fed’s job got a lot more complex as inflation is not yet under control,” writes Jeffrey Roach, chief economist at LPL Financial. The jobless rate (USUNR=ECI) unexpectedly rose to 4.2% – analysts expected it to stand pat at 4.1% – while at the same time the labor market participation rate improved by just a smidgeon, rising 10 basis points to 62.5%, bouncing off a two-year low. When more Americans leave the sidelines and dive into the labor pool, that tends to put upward pressure on the unemployment rate; it’s not until someone starts looking for a job that they’re counted among the jobless. “The headline unemployment rate moved higher … but for ‘good reasons’: the labor force participation rate rose,” says Chris Zaccarelli, chief investment officer at Northlight Asset Management. Average unemployment duration jumped last month to 23.6 weeks, from an even 21.0, the second-longest this metric has been since April 2022. This corresponds well with souring labor market confidence and the general downward hiring trend as expressed by the Labor Department’s JOLTS data: Finally, breaking down joblessness by race and ethnicity, unemployment among White Americans eased to 3.7% from 3.8%, while Black joblessness worsened, rising to 6.2% from 6.0%. That pushed the White/Black unemployment gap 0.3 percentage points wider to 2.5 ppts. Source: Reuters