DP World and the European Bank for Reconstruction and Development (EBRD) have signed a loan agreement of up to $28 million (€25 million) to support the electrification of operations at DP World’s Constanța South Container Terminal.
The financing is the terminal’s first dedicated green loan and forms part of a $114 million (€100 million) investment program that will reduce CO₂ emissions by more than 6,000 tons per year.
The investment marks a significant step in DP World’s decarbonization strategy in Romania and supports the transition to lower-emission port operations.
By replacing ageing diesel-powered equipment with electric alternatives and introducing shore power for vessels at berth, the project will improve air quality, reduce noise and increase operational reliability for customers.
According to the statement, the electrification program combines financing from the EBRD with grants from the European Union and the Romanian government.
Alongside the EBRD loan, the project is being delivered with a $22 million (€19.7 million) grant under the EU’s Alternative Fuels Infrastructure Facility (AFIF), part of the Connecting Europe Facility, with the EBRD acting as the EU’s implementing partner. It has also received $8.5 million (€7.5 million) in funding under Romania’s Transport Program 2021–2027.
Svitlana Balaban, CEO of DP World Constanța, said that, “In today’s trading environment, the most competitive ports are the most sustainable ports. This investment reflects that fact by aligning the growth of the Constanța South Container Terminal with DP World’s global commitment to reducing emissions.
“By electrifying our operations, we are not just helping customers build more resilient and sustainable supply chains; we are also strengthening Constanța’s position as the Black Sea’s leading green container hub,” Balaban added.
The electrification of the Constanța South Container Terminal is the latest in a long series of investments DP World has made to expand and modernize its operations in Constanța, as per the statement.
