Thessaloniki Port Authority Picks Expansion Project Manager
Greece’s Thessaloniki Port Authority (THPA) has contracted Hill International to provide design and project management services for the planned expansion of infrastructure at the port’s Pier 6.
As leader of a consortium including Rogan Associates SA, Hill International will oversee the construction of one new additional quay wall with a minimum continuous length of 440 meters, out of which at least 400 meters provide a minimum draft of 17.60 meters.
Additional yard area will also be constructed and the navigation channel and ship maneuvering area will be dredged to a minimum water depth of 17.60 meters.
The overall duration of the project is 46 months and services to be provided by the consortium include the update and preparation of the detailed design, management of the construction procurement tender, and project management/supervision during construction.
Following an international privatization process that was concluded in March 2018, the Hellenic Republic Asset Development Fund entered into a shares purchase agreement with a group of international investors (South Europe Gateway Thessaloniki (SEGT) Limited) for the acquisition of 67% in the share capital of THPA.
Pursuant to the terms of the relevant concession agreement, THPA is required to implement a minimum of EUR 180 million (USD 203 million) capital expenditure program to upgrade the port. The main project relates to the expansion of the marine works infrastructure of Pier 6.