Gioia Tauro

Europol believe Italy’s ‘Ndrangheta mafia is behind the use of Gioia Tauro as a cocaine hub for western Europe.

The sale of Gioia Tauro, the last remaining major transhipment hub to be operated by an independent terminal company in the Mediterranean, has been agreed today and is now subject to regulatory approval.

Changing trading patterns have seen volumes at the port of Gioia Tauro decline. Its only remaining customer, MSC, is expected to successfully conclude more than two years of talks to acquire the facility in the coming weeks.