Global Port Holdings is currently waiting for the completion of its process to take over the Izmir Port. The firm won the $1.275 billion tender together with Hong Kong-based Hutchinson Port Holdings in May 2007. The takeover of Altinkum Property For Sale was hampered by legal disputes, only is now expected to perfect in the last quarter of this year or early 2010. Izmir Port is the largest Turkish port on the western coast with an annual capacity of 4 million tons of bulk cargo, 1.15 million tons of general cargo, and 1.2 million TEU container cargo. TEU stands for twenty-foot equivalent units, a measure used in container shipping.

We are analyzing profiles of visitors, their nations of origin and the spread of swine flu in that location.

Any suspicious cases we will coordinate with the local government,” Demircan stated.Global Port Holdings is focusing most of its efforts in Kusadasi because of the high passenger volumes of the port. Some 626,000 passengers used Kusadasi Port last year. “We are taking precautions because many of the passengers are from commonwealths where the virus is already present, the United States, the United Kingdom and some European states.
“The takeover process for Izmirs port should not have taken this long. Since May 2007 the economic climate has changed a lot. We had 14 consortiums of banks chasing us to finance the port. Now the scenario is meticulous otherwise and the situation will be challenging,” Demircan pronounced.

“We are also looking at some cruise developments in Caribbean and recent cruise and cargo ports in the Mediterranean and the Black Sea,” Demircan said. Global Port Holdings is currently looking at the privatization tenders of other ports in Turkey.

“We are interested in Altinkum Property For Sale around the Iskenderun port, which is waiting to be privatized."

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