Hutchison Ports has signed a formal agreement with Ports of Stockholm to operate the container terminal under construction at Stockholm Norvik Port.
The new port, which is near Nynäshamn 60km south of the Swedish capital, will have better access, deeper water and greater capacity than the city-centre facilities it will replace.
The new container terminal will boast 450 metres of quay with a depth of 16.5 metres alongside when it opens in 2020. Future expansion will lift capacity at the port to 450,000 TEUs per annum.
Hutchison Ports has operated Container Terminal Frihamnen in central Stockholm since 2009. The existing terminal will be redeveloped by Ports of Stockholm for residential and amenity purposes once the new facility opens.