POST Online Media Lite Edition



 

Merger of ports of Antwerp and Zeebrugge creates Europe's largest export port

Christian Fernsby |
The ports of Antwerp and Zeebrugge will from now on continue their growth trajectory under one name: Port of Antwerp-Bruges.

Article continues below




At the extraordinary general meeting of 22 April 2022, the two cities signed the shareholders' agreement of the unified port company. Today, Port of Antwerp-Bruges is sharing the concrete manifestation of its ambition - to become a world port that reconciles economy, people and climate - with the rest of the world.

In February 2021, the City of Antwerp and the City of Bruges announced the launch of the merger process for their respective ports. Followingthe signing of the shareholders' agreement of the unified port company on 22 April 2022, the ports of Antwerp and Zeebrugge will operate under one name going forward: Port of Antwerp-Bruges.

Today, this unified port provides no fewer than 74,000 direct and 90,000 indirect jobs and with an added value of nearly €21 billion or 4.5% of Belgian GDP, is by far the largest economic engine in our country.

Europe's largest export port, the Port of Antwerp-Bruges will also be the largest throughput port for vehicles, the largest integrated chemical cluster and one of the leading container ports in Europe.

Port of Antwerp-Bruges has the express ambition of becoming the first global port to reconcile economy, people and climate.

The unified port plans to further strengthen its position in the international logistics chain, take a leading role in the energy and digital transition, and at the same time create sustainable added value for society as a whole. Not just for the area of Antwerp and Zeebrugge, but also for all possible stakeholders in the wider national and international region.

Port of Antwerp-Bruges will capitalise on the strengths of both port locations and focus its strategy on containers, breakbulk, RoRo traffic and chemicals. More than ever, Port of Antwerp-Bruges will play a crucial role in major freight flows and reinforce its position as one of the main gateways to Europe. T

he unified port has also become Europe's largest export port - with 147 million tons/year - making it a global heavyweight.

As a leading container port by tonnage - with 159 million tons/year - Port of Antwerp-Bruges aims to meet the need for container capacity due to global growth and recent developments in the international logistics chain.

In parallel with the implementation of the Extra Container Capacity Antwerp (ECA) project, Port of Antwerp-Bruges is working on a 'Container Plan 22-30' to safeguard its competitive position. Elsewhere, Port of Antwerp-Bruges continues to invest in strategic infrastructure including the Europa Terminal in Antwerp, as well as the New Lock and the Maritime Logistics Zone in Zeebrugge.

Port of Antwerp-Bruges will combine the best of both worlds and will focus on the strengths of each site. The ports of Antwerp and Zeebrugge are largely complementary – for example, Antwerp has strengths in the handling and storage of containers, breakbulk and chemical products, while Zeebrugge is a major port for RoRo traffic, container handling and the transshipment of liquid natural gas.

Port of Antwerp-Bruges intends to anchor its position as a green energy hub and help shape the energy transition towards a sustainable future.

The unified port will continue and extend its pioneering project for the capture, storage and reuse of CO2. Via Antwerp@C, the first 2.5 million tons of CO2 will be captured from industry on the port by 2025. This CO2 will be stored and eventually reused as a raw material for a wide range of applications.

In addition, the combination of Antwerp's position as the second largest petrochemical cluster in the world and the coastal position of Zeebrugge provides a unique opportunity to take a leading role in the roll-out of the hydrogen economy. ​

By 2028, Port of Antwerp-Bruges plans to have the capacity to receive the first green hydrogen molecules on its platform. To this end, it is working to expand terminal capacity for existing and new hydrogen carriers at both port sites.

A hydrogen pipeline between the two sites and towards the European hinterland will ensure that the port area as a whole and, by extension, Belgium and a large part of Europe, can make use of this important carrier for renewable energy.

Finally, Port of Antwerp-Bruges will offer various peerless strengths in innovation and digitisation that will make the logistical chain not only more efficient, but also safer and more reliable.


What to read next

Port of Antwerp Taskforce confirms: Port 100% operational
Port of Antwerp to temporarily manage port of Cotonou
CMA CGM takes 10% stake in CSP Zeebrugge Terminal

U.S.: More than 40 million under threat for severe storms, tornadoes could happen

 
Severe storms could deliver tornadoes, damaging winds and hail from the Gulf Coast to the Midwest from Tuesday afternoon into early Wednesday.
 
 

Latest

New York: Historic arts funding to record number of artists and organizations
Macron: U.S. gas 3-4 times more expensive for us, those are double standards
Thank you, inflation: Record Cyber Monday spending
HSBC to sell Canadian unit to Royal Bank of Canada for $10.1 billion

NEWS

Poland: Criminal group extorted money making advantage of COVID situation

UK: Christmas chaos ahead as Wiltshire parking wardens announce further strikes
Italy: 8 dead, several still missing after deadly Ischia mudslide
South Korea issues return-to-work order to truckers on strike
U.S.: Winter weather conditions for west, severe weather potential for south on Tuesday
World's largest volcano Mauna Loa erupts
 

BUSINESS

One in four U.S. workers still fear catching COVID at work, modest winter surge expected

No vessels left Ukrainian ports on November 28 due to adverse weather
Swedish nuclear reactor to be taken off-grid for repairs
UN and ILO must urgently intervene as South Korea weighs forcing striking drivers back to work, says ITF
More internationally educated family doctors on the way to British Columbia
Department of Health in South Africa to conduct feasibility study on implementing solar panels in hospitals
 

Trending Now

U.S.: More than 40 million under threat for severe storms, tornadoes could happen

Saudi Arabia unveils masterplan for mega Riyadh airport project

New York: Historic arts funding to record number of artists and organizations

One in four U.S. workers still fear catching COVID at work, modest winter surge expected


POLITICS

Tánaiste announces major change for small Irish companies

Commission approves €557 million German support to compensate Deutsche Bahn
Belgian government offers one-off tax-free bonus
Health minister discusses cooperation with French companies for manufacturing in Libya
Saudi Arabia unveils masterplan for mega Riyadh airport project
EU Parliament insists that EU must freeze funding to Hungary
 

Today We Recommend

One in four U.S. workers still fear catching COVID at work, modest winter surge expected


Highlights 

HSBC to sell Canadian unit to Royal Bank of Canada for $10.1 billion

Apollo Endosurgery to be acquired by Boston Scientific, enterprise value $615 million

AstraZeneca to acquire Neogene Therapeutics for up to $320 mln


COMPANIES

Apollo Endosurgery to be acquired by Boston Scientific, enterprise value $615 million

Sibanye-Stillwater begins construction of lithium hydroxide refinery in Finland
Bechtel to build Intel's semiconductor manufacturing facilities in Ohio
Biocytogen Pharmaceuticals enters antibody agreement with ADC Therapeutics
BT announces plan for pay rise of up to 16% for all but highest paid
AstraZeneca to acquire Neogene Therapeutics for up to $320 mln
 

CAREERS

Former UK CMA CEO Andrea Coscelli to join Keystone

US Foods appoints Dave Flitman as CEO
G Mining Ventures appoints Carlos Vilhena to board
Criterium Energy appoints David Dunlop as director
Arthex Biotech appoints Frédéric Legros as chairman
Promontory Therapeutics appoints Stanley J. Musial as CFO
 

ECONOMY

Switzerland's GDP grew by 0.2% in Q3 of 2022

Mexico's exports grow 19.5 pct
Trade between Bulgaria, North Macedonia to exceed EUR 1 Bln in 2022
EU trade with Indo-Pacific region
EU green energy product imports in 2021: 15.2 billion euros
Czech Republic: Economic sentiment ticks up in November
 

EARNINGS

Natuzzi Q3 revenue increased 14.5%

CMA CGM Q3 revenue $19.9 billion
G. Willi-Food Q3 sales increased by 16.6%
Deere Q4 net income $2.246 billion
Nordstrom Q3 net loss $20 million
VMware Q3 revenue $3.21 billion
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

Colombian minister announces short and medium-term measures to help rural producers affected by winter weather

Third stage of vaccination against classical swine fever starts in Brazilian state Alagoas
Australia's fish stocks stable and steady
Australia pledges AUD 2 million to WTO Fisheries Funding Mechanism
Pesticide sales jump by 17% in Switzerland
Tesco announces close to £14 million of additional support for British egg industry
 

LEADERSHIP

Corporate duty waivers limit organic company growth and innovation

Women buy from women, men buy from women and men
How employee opinion impacts CEO dismissal
Keeping it in family can be good news when it comes to CEOs
Over a third of office workers are hybrid 'misfits'
Proxy advisers have inherent incentive to create controversy, study shows
 

CRIME

Meta Ireland fined 265 mln euros for data breach

Ukraine fines Engie, Shell subsidiaries over Nord Stream 2
New Zealand fines Southland fishing company $40,000
Italy's antitrust fines Edison Energia 3.8 mln euros over unfair practices
FTC secures monetary judgment in deceptive energy savings claims case
Croatian Competition Agency fines dairy processing company PIK Rijeka $13,740 for imposing unfair trading practices
 

Magazine

TRAVEL

Weather-resistant ArtWalk Downtown Billings, Montana

Dual branded Courtyard and Residence Inn by Marriott Hotel opens in Montreal
Candlewood Suites Hotel opens in Aberdeen, Md.
Mount Roraima, Venezuela, 7,671 feet above the forest floor
Llao Llao Resort, an exclusive resort in the middle of nowhere
Abu Dhabi welcomes visitors to discover experiences at their own pace
 

SEA, LAND, AIR

New colorful Porsche 718 Style Edition models

2023 Toyota Prius Prime, solar panel roof and reliability
Volvo EX90, a car with updates
Cessna Citation CJ4 Gen2 jet, pursue your business goals while enjoying journey
GMC first Sierra EV marks turning point
BMW M2, fast beast in small package
 

DESIGN

Patchwork carpets, vintage Persian carpets made with unparalleled skill

Real life wallpapers, perfectly executed
A. Lange & Söhne, men's watches with true Saxonian DNA
Nella Vetrina, luxurious Italian designers bathroom vanities and furniture
Karastan rugs, durable and beautiful
Leather bags for every occasion and every life style
 

GADGETS

Take Elektor Fortissimo and make your own high-end amplifier

RangeXTD, a Wi-Fi extender that actually works
Monitor II A.N.C. headphones, iconic Marshall sound
Zebra TC15, a clever mix of a mobile phone and a computer for business use
Bathroom speakers will make your relaxing even better
NAD 399 amplifier, highly efficient and remarkably powerful
 

HEALTH

Strong recommendation for pyronaridine-artesunate in revised WHO Malaria Treatment Guidelines

Pakistan launches anti-polio vaccination drive to inoculate 13.5 mln children
Ibuprofen and similar NSAIDS can be associated with hastened progression of osteoarthritis symptoms
Virgin Islands community encouraged to prevent antimicrobial resistance
Shionogi seeks Japan approval for COVID-19 vaccine
French doctors warn of antibiotics shortage
 

MEANTIME

Astrophysicists hunt for second-closest supermassive black hole

New European supercomputer inaugurated in Italy
European Space Agency presents new generation of astronauts
NASA selects Rocket Lab to launch TROPICS mission
World's heaviest flying bird heals itself with plants used in traditional medicine
James Webb Space Telescope reveals an exoplanet atmosphere as never seen before