JOC Staff | Dec 20, 2012 12:11PM EST
Port operator Yildirim has acquired RotaPort, a port in Korfez, Turkey, located about 80 kilometers (about 50 miles) from Istanbul.
Yildirim plans to invest $200 million in RotaPort for restructuring and new equipment. Plans include moving Marmara Shipyard, located next to the port, to another location and increasing its total area to 150,000 square meters (about 1.6 million square feet) and total handling capacity to 10 million tons.
After the acquisition, the name of the port will be changed to “Yilport Yarmica.”
