Liberty Galati, a Romanian steel producer under Liberty Steel, unveils plans to upgrade Romportmet port, aiming to counter the Black Sea blockade due to the Ukrainian conflict. With a project worth $2.22 million, co-funded by Romania's Ministry of Transport, this overhaul targets increased capacity and eco-friendly infrastructure.
Liberty Galati, a subsidiary of Liberty Steel, unveils a strategic initiative to revitalize Romportmet port in response to challenges posed by the Black Sea blockade amid Ukraine's conflict. The project, valued at RON 10.1 million ($2.22 million), receives co-financing from Romania's Ministry of Transport and Infrastructure's 2021-2027 Transport Program, contributing RON 8.49 million ($1.86 million).
Scheduled from January to December 2024, the modernization initiative aims to elevate the port's capabilities by incorporating state-of-the-art raw material loading, unloading, and handling equipment. Designed with stringent environmental standards, these enhancements seek to mitigate ecological impact while bolstering operational efficiency.
Presently, Romportmet's quays accommodate ships of up to 7,000 deadweight tons (dwt). The slated improvements intend to significantly augment the port's capacity and functionality, enabling it to better manage the challenges posed by the Black Sea blockade.
The modernization drive aligns with Liberty Galati's commitment to fortify its infrastructure against external disruptions. By infusing environmentally conscious technologies into Romportmet's operations, Liberty aims to enhance resilience while maintaining eco-friendly practices.
Liberty Galati's initiative to refurbish Romportmet port signifies a proactive stance in adapting to geopolitical challenges. The modernization project, supported by eco-friendly upgrades and substantial investments, aims to fortify the port's capacities and navigate disruptions caused by the Black Sea blockade.