JadeWeserPort () is Germany's largest harbour project. It is supported by the states of Lower Saxony (50.1% stake) and Bremen (49.9% stake). This new container port is located at Wilhelmshaven at the Jade Bight, a bay on the North Sea coast. It has a natural water depth in excess of 18 m. Container ships with a length of 430 m and 16,5 m draught will be able to call the JadeWeserPort at any tide. Construction work was begun in March 2008. The port was opened on 21 September 2012. However, due to the Great Recession, the port wasn't given the warmest of welcomes, and very little TEU traffic flowed through the brand new harbour. But the container handling could be raised from 60,000 in 2014 to 426,700 twenty-foot equivalent unit in 2015. The yearly capacity of the port is 2,700,000 TEU. History and construction period There have been plans for expanding the commercial operations of the harbours of Wilhelmshaven for many years. Originally a naval base, the deep water of the Jade estuary became more and more attractive for merchant shipping with the growth of ships in the 20th century. In 1958 the first pier for deep draught tankers was built. In 1993, local commercial associations made first plans for a major container terminal with initially four, later six, berths for large container vessels. After a number of delays caused by legal and administrative reasons a court ruling of 8 March 2008 allowed for the immediate commencement of construction work for the first four berths. Between then and January 2012 nearly 46 Mio m³ of sand have been flushed . Major parts of the superstructure have been finished so that administrative port authorities were able to assume their functions in August 2012. Characteristics With only limited commercial activity in Wilhelmshaven's hinterland most cargo will need further transportation by feeder vessels, railway or on the road. Expectations rest with the fact that JadeWeserPort will be the easternmost deep water port in Northern Europe able to berth the largest container vessels in present and future use up to a size of 18,000 Twenty-foot equivalent units. Therefore, it is hoped that a major share of the overseas container traffic of Scandinavian and Baltic nations including the western part of Russia will be handled here (map of feeder routes). Growth rates in container shipping are expected to at least remain at the present 7%