DP World receives 25M euro loan for Constanța port electrification
DP World and the European Bank for Reconstruction and Development have focused on transforming operations at the South Container Terminal of Constanța Port to utilize electric power, as part of an investment program worth 100 million euros. The financing includes a loan of 25 million euros to support replacing diesel-powered equipment with modern electric machinery and shore power technologies for ships, aiming to reduce carbon emissions by over 6,000 tons annually. The project involves major investments of 53.8 million euros to develop new electrical infrastructure and 46.2 million euros to acquire advanced equipment, with the goal of improving efficiency, reducing noise, and enhancing the port’s competitiveness. This step underlines the group's commitment to increasing operational efficiency and sustainability in line with efforts to cut carbon emissions and strengthen the port’s global competitiveness.
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