On March 27, 2024, Mersin International Port (MIP), Turkey's leading container terminal, commemorated a significant achievement of handling more than 25 million Twenty-foot Equivalent Units (TEU) since its inception in 2007. Marking this milestone, MIP hosted a grand celebration at the East Med Hub 1 Terminal in Mersin, attended by partners, customers, government representatives, and industry associations.
MIP was initially established in 2007 as a joint venture between PSA International and Akfen, and in 2017, IFM Investors joined as a third shareholder. Since its establishment, the container volumes handled have on average grown 14.4 percent per year and in 2023 alone, MIP handled approximately 2 million TEUs. This continuous growth was made possible with a strategic investment to expand and upgrade its facilities and equipment.
At the same time, MIP remains committed to reducing its carbon footprint. By continuously investing in electrically-powered equipment and renewable energy sources, MIP plans to cut its carbon emissions in half by 2030 and be net zero by 2050.
Ajay Kumar Singh, MIP’s General Manager, believes the terminal’s future is looking bright: “I want to express my heartfelt thanks to all MIP employees for their outstanding contribution in reaching the 25 million TEU milestone so quickly. In addition, I wish to extend my gratitude to all partners, clients and government officials who have been alongside MIP in the terminal's remarkable journey.”