Italiana Coke buys into Genova

Italiana Coke has acquired the dry bulk terminal in the Italian port of Genova for around €10 million. It purchased the facility,Terminal Rifuse Genova, from Euroports. The terminal, which has three berths, covers an area of 154,000m2. The 1,500m quayside has alongside draught of 12m and is worked by eight cranes and 3,000m of conveyor belt. It also has two covered warehouses with capacity for 40,000m3 and 30,000m3 respectively, and can also handle block train deliveries.

Italiana Coke is to spend €13 million on relaunching the terminal, which will handle both domestic and international traffic. Much of the money will go on making the terminal environmentally acceptable, as well as restructuring equipment and goods handling areas. It is also considering moving into agribulk, in addition to the industrial minerals it already handles.

In the same region, the company also has a controlling interest in Terminal Alti Fondali in the port of Savona.