The history of the Port of Valencia began in 1483, when King Ferdinand the Catholic granted Antoni Joan the privilege of building a wooden bridge on the beach of the Grao district, called the Pont de Fusta.However, traffic did increase incrementally over time and the king eventually granted trading privileges with other kingdoms and sovereign states in 1679 and for the Americas in 1791, with Valencia becoming the sixth maritime province in Spain.They are located on the shores of the Mediterranean Sea, along an 80 km stretch of Spain's eastern coastline.The Port of Valencia is the centre of economic activity in an area of influence encompassing a radius of 350 km.Valencia Port Authority (PAV) has announced plans for the construction of a new container terminal in the northern expansion by 2030.