MTBS News

MTBS to start Market Sounding for the Selection of a New Terminal Operator for the Commercial Port of Victoria, Seychelles

The Seychelles Ports Authority (SPA) is currently in the process of selecting a new Concessionaire to operate the Commercial Port, which will be undergoing extensive expansion and modernization. This port is the country’s main multi-purpose deep water terminal, which handles container ships, liquid bulk carriers, cruise liners and tuna vessels. The development, planned to be done in two phases, financed by the European Investment Bank (EIB), Agence Française de Développement (AFD) and European Union (EU), will result in a new quay wall of approximately 650 meters with a depth at the quay of C.D. -15.5 meters. The terminal is planned to have a static design capacity of approximately 1,200 TEU ground slots.

The SPA is inviting private parties to co-develop and operate the new Commercial Port with focus on the container handling and general cargo operations. The first phase of the new Commercial Port is expected to be operational in 2022/2023 and the second phase in 2024.
The EIB, as the leading financier in the consortium of lenders for the Port Victoria Rehabilitation & Extension project, has appointed Maritime and Transport Business Solutions (MTBS), a Dutch consultancy firm, as Transaction Advisor to support the Government of Seychelles and SPA in the process of selecting a new terminal operator. MTBS is undertaking a Market Sounding to gauge the level of interest for the transaction

The Market Sounding will take place from 10th August to 7th September 2020. Interested parties that would like to participate may request a Project Information Memorandum by sending an email to [email protected] with subject “Market Sounding for Selection of Terminal Operator – Commercial Port”.