Works on the quay extension at Hili Company’s container terminal in Latvia, Baltic Container Terminal, are complete. The quay was extended by 57m thus bringing the total quay length to 506m. The extension allows for servicing two large vessels simultaneously and will also significantly speed up operations at the terminal. This project was partly being 50% co-financed by the European Climate, Infrastructure and Environment Agency (CINEA) military mobility project. This was being carried out in conjunction with Riga Freeport Authority under project objective of “Enhancement of the Dual Use Capacity of Riga Port by investment in Road, Railway Access and Berth Infrastructure.”
Read MoreThe concession renewal for Terminal Intermodale Venezia (TIV) has been unanimously approved by the management committee of the Port System Authority of the Northern Adriatic Sea. TIV, a privately owned container terminal operating in the commercial port of Marghera within the Port of Venice is jointly owned by Hili Company and Marinvest, an MSC subsidiary. The duration of the concession is for an additional 25 years starting from 2025 till 2050. The Company has submitted an investment programme as part of the renewal process which confirms its commitment to developing and improving port activity as it has continuously done in the past. The investment plan, valued at over €110 million for the 25-year period, will be aimed at continuous improvement of the overall facility, including infrastructure, cargo handling equipment, information technology and automation. A vital aspect of the investment programme is to increase environmental sustainability, through the reduction of emissions and improved energy consumption achieved with modern equipment and increased efficiency.
Read MoreHili Company, through its shipping and logistics division Mariner Shipping, have acquired Arrow Express Ltd. Arrow Express Ltd is a prominent transportation company specialising in versatile courier services, customs brokerage, logistics, warehousing and transhipment together with air freight and sea freight services. Through this acquisition, Mariner Shipping will enhance its domestic courier services and boost its yacht agency and yacht concierge operations.
Read MoreHili Company’s property division – Hili Twenty Two, have launched Strickland House. Strickland House offers Valletta’s only new build residences. A luxurious collection of 36 apartments and 1 town house with underground parking for sale in the heart of Malta’s capital city.
Read MoreHili Company’s container terminal in Latvia, Baltic Container Terminal have commissioned a solar park over the rooftop of one of its warehouses. Spread over 11,600 sqm, the Solar park consists of 1,974 solar panels with a capacity of 1.1MW.
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