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Home » Marseille To Get €60 Million Intermodal Boost

Marseille To Get €60 Million Intermodal Boost

by Joshua
July 18, 2014
in Uncategorized

The Marseille Port Authority (GPMM) has announced the creation of a company to build and run a combined road-rail terminal at the French Mediterranean port that will attract investment of more than €60 million.

The new operating company, Mourepiane Terminal Transport Combiné (MTTC), will have GPMM and CMA CGM as its main shareholders, taking stakes of 29% and 15.5%, respectively. The city’s Chamber of Commerce and local banks are also stakeholders.

The Marseille Port Authority (GPMM) has announced the creation of a company to build and run a combined road-rail terminal at the French Mediterranean port that will attract investment of more than €60 million.

The new operating company, Mourepiane Terminal Transport Combiné (MTTC), will have GPMM and CMA CGM as its main shareholders, taking stakes of 29% and 15.5%, respectively. The city’s Chamber of Commerce and local banks are also stakeholders.

Building work on the terminal could begin next summer, with the facility entering service mid-2017.

The project reflects efforts to engineer a radical modal shift in the pre- and post-shipping distribution of Marseille’s sea container and swap body traffic over the next 10-15 years, the aim being to increase rail transport’s share from around 15% currently to 30%.

It will add weight to the campaign of port-user association, the Union Maritime et Fluviale de Marseille-Fos, to gain EU support for the launch of a rail freight service to Geneva within the framework of the European RTE-T trans-European transport network programme.

Earlier this month, rail operator Naviland Cargo announced that it would increase the frequency of its Marseilles Fos-Strasbourg intermodal service from three to five round trips per week by the end of the year
 


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