Iceland's Finnafjord port inches closer

The site is attractive is not only for port handling but also as a location for energy logistics The site is attractive is not only for port handling but also as a location for energy logistics
Industry Database

Bremenports has become a development partner for the new Finnafjord port project in Iceland, edging the project a little closer to realisation.

Dr Lars Stemmler head of international projects, bremenports, told Maritime Journal: “The Finnafjord area can provide for approx 6km of quay-length if fully developed. The key benefit is to have ample development land behind the key which makes the site attractive not only for port handling but also as a location for energy logistics.”

“This is our term for support services for oil/LNG field exploration and production, oil storage as well as mineral processing to exploit cheap local electrical energy.”

Iceland's government signed a fundamental agreement to construct the port with the municipalities of Langanesbyd and Vopnafjordur, engineering company EFLA and bremenports back in May 2016.

The operator's involvement in the project could open up interesting prospects for Bremen’s economy to develop new business in the emergent logistics region at Finnafjord and in Iceland.  

A development company will be set up this year with participation from bremenports. Its job will be to tender concessions to the relevant industries and obtain investors for the port development.

Following the tender responses and required planning phases, Dr Stemmler told MJ that construction might begin as early as 2020.

He added that depending on the complexity of the marine structures, construction periods for individual terminals could take between 12 to 36 months.

By Anne-Marie Causer

Latest Jobs

Marine Superintendent

A really exciting opportunity has arisen to join one of the leading Marine and Environmental compani... Read more

TUG MASTER

Reports to the Operations Manager in region. Presides over the crew of his ship. The size of the cre... Read more

Coxswain / Crane Driver

ABP is the UK’s leading port operator, with a unique network of 21 ports across England, Scotland an... Read more

Small Craft Naval Architect / Design Engineer

Camarc Design is based in the UK and is one of Europe’s leadings small craft design firms specialisi... Read more

Multimedia Designer

We are looking for an experienced Multimedia Designer to join a busy Marketing Department based in F... Read more

Marketing & PR Manager

We are looking for a talented, experienced, hands-on, strategy-led Marketing & PR Manager to join ou... Read more

View all jobs