Durres Container Terminal – Overview
A CAGR of over 15% the past 5 years for DCT
In 2012 Mariner acquired a 48% shareholding in Durres Container Terminal (DCT) in Albania, together with the overall management of the largest container terminal in Albania. This port is strategically located on Albania’s west coast on the Adriatic Sea to the east of the Italian port, Brindisi. The port, itself, is situated south-west of the city of Durres, approximately 36 kilometres east of the country’s capital, Tirana.
This new addition to the Mariner terminal portfolio represents a strong business opportunity with a steady growth in container volumes as evidenced by the CAGR of over 15% over the past five years. The terminal acts as the principal gateway for containerised cargo, primarily serving the Albanian market, handling some 80% of all national seaborne trade. The Albanian economy has undergone a transition from its communist past into an open-market economy in the early 1990s. Today, it enjoys strong and stable economic growth with a high rate of containerisation.
This is hardly surprising. The Port of Durres acts as the gateway to the European Corridor VIII. This Corridor links the Adriatic-Ionian regions with the Balkan and Black Sea countries via both road and rail. As the terminal is a common-user facility, DCT is well positioned geographically and economically to handle transit containerised cargo since the port’s location commands a close proximity to Mediterranean hubs and to neighbouring landlocked countries such as Kosovo and Macedonia The terminal’s linear configuration and a 700-metre quay provide an essential service for feeder vessels of up to 1,700 TEU.
DCT is strategically located on Albania’s west coast on the Adriatic Sea to the east of the Italian port, Brindisi. The port, itself, is situated south-west of the city of Durres, approximately 36 kilometres east of the country’s capital city, Tirana.