The Board of Directors of the Port Authority of Valencia has approved an administrative concession for the construction and operation of a renewable fuels processing and production plant at the Port of Sagunto. The concession has been awarded to FIVE NEXT USEOIL SOLUTIONS, SL – UCO TRADING SPAIN, SL for a term of 25 years, with a total investment of EUR€20 million. T he facility will occupy 27,800 square metres at South Pier 2 and will process waste fats including used cooking oil and animal fats through a biomass conversion process to produce advanced biofuels. At the same meeting, the Board approved two separate six-year authorisations for the commercial supply of liquefied natural gas to vessels via tankers at the ports of Valencia, Sagunto and Gandia. The concessions were awarded to Shell Western LNG BV and Axpo Iberia SL, forming part of Valenciaport’s Net Zero Emissions Plan aimed at leading decarbonisation across its three port facilities. A six-year stevedoring licence was also granted to Terminal Marítima de Graneles de Sagunto SL for loading, stowage, unloading and transshipment services at the Sagunto multipurpose terminal, and CSP Logitren SA was authorised to provide commercial rail switching services at the ports of Valencia and Sagunto for three years. On the operational side, the Board received an update on traffic performance. Rail freight has been a notable bright spot, with Valenciaport handling 1,285,476 tonnes by rail in the first four months of 2026, a 20.42% increase year-on-year, while rail container volume reached 97,155 TEUs, up 21.69%. The year-on-year trend continues to show growth exceeding 16% across both metrics. Total cargo throughput in April reached 6,855,146 tonnes, a 4.38 percent decline compared to April 2025, while container traffic of 500,604 TEUs represented a 2.57% decrease. For the first four months of the year, Valenciaport handled 25.5 million tonnes, down 3.60 percent, and 1,813,446 TEUs, a marginal increase of 0.27