Sines, Portugal, Sept. 23, 2025 (Lusa) - The port of Sines is conducting a market study, in collaboration with the government, to assess the interest of potential investors in the new Vasco da Gama Terminal, with €701 million allocated directly to the new infrastructure.

The Vasco da Gama terminal is part of an investment plan by the Administration of the Ports of Sines and Algarve (APS), totalling €1.2 billion by 2035, and the international tender is expected to include a concession estimated at €560 million.

According to the president of APS, Pedro do Ó Ramos, quoted in a press release on the Porto Maritime Week meeting organised by Transportes & Negócios, the new study aims to prevent the 2019 scenario, when the international tender for the Vasco da Gama Terminal was deserted due to the Covid-19 pandemic and a demanding investment component.

At the Maritime Week meeting, which is taking place in Porto until 26 September, Pedro do Ó Ramos highlighted the "competitive advantage of Sines' location, which currently has more than 20 weekly routes to the whole world".

He also emphasised the “logistical relevance” of Sines, which he considered to be “a strategic industrial hub, with €20 billion of potential investment identified, especially in areas such as green hydrogen and green steel”.

In the note, Pedro do Ó Ramos said that APS decided to go ahead with this market study in conjunction with the government, to gather input from the market and identify the conditions that private operators consider decisive for participating in the future concession, to prevent the next tender for the Vasco da Gama Terminal from being deserted again.

According to the information provided at the Porto meeting, the future Vasco da Gama Terminal and the ongoing expansion of Terminal XXI will allow the Port of Sines to strengthen its position as a global logistics hub.

GR/ADB // ADB.

Lusa