Valencia (Spain)

Valencia is a major Mediterranean port city in eastern Spain, located close to the mouth of Tura River. The city is the capital of the autonomous Valencian Community (Spain's 4th most populous autonomous - after Andalusia, Catalonia and Madrid) and Spain's 3rd-largest city by population (around 1,6 million, metro around 2,5 million) following Madrid and Barcelona. Port Valencia is currently ranked Europe's 5th largest and Mediterranean's busiest containership port.

The city has art school, fine arts museum, two gates (from the 14th-century city walls), Gothic cathedral (13th-15th century), silk exchange (15th-century), Lonja de la Seda (14th-century), Peniscola Castle. The settlement was founded by the Greeks and later occupied by Carthaginians, Romans, Visigoths, Arabs. Valencia is best-known for its involvement in every Spanish war during 19th-20th centuries. During Spanish Civil War (1938-39), the Republican forces fled to Valencia after Catalonia's fall.

Port Valencia

The seaport is Europe's 5th and Mediterranean's largest. The amount on annually handled cargo shipping volumes is around 55 million tons (cargo) and over 4,2 million (TEU-containers). It annually handles over 7,500 vessels. The annual number of handled passengers (ferry and cruise) is around 0,5 million. The port is also a major employer (with over 15,000 employees) and generates over half of country's GDP.

Port's history dates back from 1483 AD, when Kking Ferdinand II of Aragon (1452-1516) granted permission for building a wooden bridge (named Pont de Fusta). Followed numerous construction projects, but mainly due to Turia River floodings the port remained unsuccessful. With the increase in shipping traffic over the years, in 1679 King Charles II of Spain (1661-1700) granted the port trading privileges with other kingdoms and states. In 1791, King Joseph I (1768-1844, brother of Napoleon Bonaparte) granted the port trading privileges with the Americas. Then Valencia became Spain's 6th maritime province.

In 2017, the port was visited by Silk Road International (SICO), one of China's most important non-governmental organizations promoting commercial, economic and cultural relations with other countries. SICO studied the possibility of opening its Mediterranean headquarters in the city.

Until November 2017, port's total (direct) cargo shipping volume with China was 6,48 million tons (3,18% increase over 2016). The container ship cargo volume with China was 532,000 TEUs / containers (4,87% increase).

As of 2018, seaport's traffic with China is 48%, making the country its main commercial partner. Port Valencian currently is linked with 80 Asian ports, the largest of which are Shanghai, Ningbo, Yantian, Qingdao, Xiamen, Tianjin, Hong Kong, Shekou-Shenzhen, Chiwan, Nansha-Guangzhou.

Valencia Port Authority manages a total of 3 seaports - Valencia, plus the satellite ports Sagunto and Gandía. All are on Mediterranean Sea (Spain's eastern coastline), along an 80 km / 50 ml stretch of the coast. The port has a total quay length 12 km ( 7,5 ml) and total storage area 1,2 km2 (0,5 ml2).

Port Sagunto has around 10% of valencia's total annual cargo shipping traffic capacity and specializes in LNG (liquefied natural gas), as well as iron and steel products. Over 3 million tons of LNG are shipped annually to supply the nearby regasification plant. Around 2/3 of the port's traffic is iron and steel products. The other 1/3 are fertilizers, construction materials, timber.

Port Gandía has around 1,5% of Valencia's total annual cargo shipping traffic and specializes in forestry products export and import (timber, reels, pulp and paper, furniture).

In 2018, Port Valencia surpassed Port Barcelona in terms of total handled vehicle units. Port’s all car terminals (including those at Sagunto and Gandia) handled 818,225 vehicles (3,17% increase over 2017). Barcelona's volume was 809,158 (3,26% decrease). Spain's total vehicle shipping traffic was 3,395338 million units (-2,55% over 2017's 3,484212 units). Spain's other major vehicle ports (handled units in 2018) are Santander (488,144), Vigo (451,111), Pasajes (254,673) and Tarragona (194,958).