August 14 - A three-year EUR36 million (USD40.2 million) expansion project at the Baltic port of Wismar is set to start.
By 2018 new wharfage will be built with a length of 332 m, plus an additional port handling area measuring 41,500 sq m, including a railway siding and a new road link.
The construction will receive federal and state support to the value of EUR23.5 million (USD26.2 million), with the port authority investing the remainder.
The second most prominent seaport on the eastern German Baltic coastline after Rostock, Wismar covers 66 ha and boasts 2,500 m of quays, 15 berths and 27 km of its own rail track.
Previously, the port authority has indicated that the expansion programme will help it to attract greater volumes of project cargoes, especially plant and machinery; and modules for the renewable energy marketplace.