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Yilport signs lease for port of Oslo

Yilport Holding, Yilport Oslo and the port of Oslo have signed a lease for the land and equipment of the port of Oslo’s (Norway) container terminals. The agreement has a term of 20 years with an option for a 10-year extension.

The port of Oslo's container facilities are the largest in Norway, handling over 30% of the box volume in the country. Oslo has embarked on an intense city planning project, relocating container volumes within the port to a new container facility at Sjursøya. This facility will be developed in stages to an annual capacity of 450,000 teu. In 2013 the port of Oslo's container facilities handled over 200,000 teu. Yilport Holding has been selected as the terminal’s operator based on its unique systems and extensive experience in port operation.