Adani Ports, Port of Zeebrugge Explore Joint Opportunities

MarineLink.com
Wednesday, November 27, 2013
The signing ceremony in Mumbai

Adani Ports & SEZ Ltd., India’s largest private port developer and part of the Adani Group, signed a Memorandum of Understanding with the Belgian Port of Zeebrugge to act as a strategic entry port for the lucrative European market. It will now collaborate with the Belgian port to explore joint business opportunities between the two ports along with other forms of trade, shipping, railway infrastructure across India and Europe. The MoU over a period of time will help in an enhanced movement of traffic to and from APSEZ into Europe and beyond. It will also enable sharing of global best practices including technical know-how between two of the leading port developers globally.

During the visit of an important Belgian business delegation led by HRH Princess Astrid of Belgium, Representative of His Majesty the King to India, a Memorandum of Understanding was signed between the two companies in Mumbai today, to this effect, by Karan Adani, Executive Director of Adani Ports & SEZ Ltd., and Joachim Coens, President-CEO of the Port of Zeeburgge. The MoU was signed in the presence of HRH Princess Astrid of Belgium, Representative of His Majesty the King, HE Didier Reynders, Deputy Prime Minister and Minister of Foreign Affairs, Foreign Trade & European Affairs of Belgium and HE Kris Peeters, Minister-President of the Government of Flanders, Flemish Minister for Economy, Foreign Policy, Agriculture & Rural Policy.

The Belgian business delegation, consisting of more than 300 delegates from different industries and universities, is visiting New Delhi, Mumbai and Chennai this week.

Speaking on the development Karan Adani, Executive Director, APSEZ, said, “India is emerging as a fast growing economy of the world and poised for better growth. As the leading port developer of India and operator of the largest port asset in India, APSEZ is poised to deliver significant value to all the stakeholders even as we continue to adopt global best practices. This MoU with the port Zeebruggeis an important milestone in that direction and we are keen to jointly explore marketing endeavors and strategies to promote Indo-European trade relations across both the ports via leading shipping lines. Both the port entities have complementary strengths including ability to handle VLCCs. Besides they can handle amongst the largest container ships currently plying, that can help in attracting large container traffic. This MoU will help us address the European markets better and will be strategic in nature.”

The ports will support mutual development in the sectors of ports and shipping and expand their presence internationally through commercial contacts, exchanging port experts and exploring possibilities of mutual exchange of information in the fields of economy, trading, shipping, environment, transhipment, RoRo, railway and other possible industry linked fields.

Joachim Coens, President-CEO from the Port of Zeebrugge, Belgium said, “With six far east services calling Zeebrugge, our port is a major player in the Europe-Asia trade. As trade between India and Europe continuously grows in both directions, we are happy to join hands with Adani Ports in order to endeavour routing cargo through our respective ports. Our strategic location in the centre of India’s three largest EU trade partners, Germany, Belgium and the U.K., certainly is an asset for Indian exporters. With our mutual ability to competitively handle the largest container vessels currently in the fleets, we hope that this collaboration will be positively received by the global shipping lines. This cooperation shows once again that the activities of modern ports reach much further than their breakwaters.”

 

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Syncrude Uncertain about Plant Fire Affecting Production

The operator of Canada's largest synthetic crude project said on Saturday it is investigating the causes of an early morning fire at an upgrading plant. Firefighters extinguished the blaze,

Hurricane Ignacio Gains Strength but Expected to Bypass Hawaii

Hurricane Ignacio intensified as it blew across the Pacific on a route likely to bypass Hawaii on Saturday, said the Central Pacific Hurricane Center of the National Weather Service.

United Heavy Lift Gears up for the Asian Boom

All set to expand its footprint in the South Asian market significantly, Hamburg based, United Heavy Lift (UHL) appointed strategically placed Lexicon Overseas Pvt Ltd.

Ports

United Heavy Lift Gears up for the Asian Boom

All set to expand its footprint in the South Asian market significantly, Hamburg based, United Heavy Lift (UHL) appointed strategically placed Lexicon Overseas Pvt Ltd.

USCG Reopens Key West Ports After Erika Dissipates

Effective 9:30 a.m., Saturday, Capt. Jeffrey Janszen, Coast Guard Captain of the Port, reopened Key West, Florida, ports, terminals and facilities due to Tropical Storm Erika dissipating.

DP World Profit Up 22%

Global marine terminal operator DP World today announced strong financial results from its global portfolio of marine terminals for the six months to 30 June 2015,

Container Ships

Marad Celebrates Deployment of Maritime Fuel Cell Project

The U.S. Department of Transportation’s Maritime Administration (MARAD) today celebrated the launch of field trials for the first prototype hydrogen fuel cell

DP World Profit Up 22%

Global marine terminal operator DP World today announced strong financial results from its global portfolio of marine terminals for the six months to 30 June 2015,

MN 100: ContainerTug B.V.

The Company: ContainerTug B.V. is a specialized Dutch naval design engineering and construction company with a strong focus on developing workboats and the evaluation

News

Syncrude Uncertain about Plant Fire Affecting Production

The operator of Canada's largest synthetic crude project said on Saturday it is investigating the causes of an early morning fire at an upgrading plant. Firefighters extinguished the blaze,

Hurricane Ignacio Gains Strength but Expected to Bypass Hawaii

Hurricane Ignacio intensified as it blew across the Pacific on a route likely to bypass Hawaii on Saturday, said the Central Pacific Hurricane Center of the National Weather Service.

United Heavy Lift Gears up for the Asian Boom

All set to expand its footprint in the South Asian market significantly, Hamburg based, United Heavy Lift (UHL) appointed strategically placed Lexicon Overseas Pvt Ltd.

Logistics

United Heavy Lift Gears up for the Asian Boom

All set to expand its footprint in the South Asian market significantly, Hamburg based, United Heavy Lift (UHL) appointed strategically placed Lexicon Overseas Pvt Ltd.

World’s Quickest Trip Through Northern Sea Route

Chinese sailor Guo Chuan intends to make it world’s quickest Northern Sea Route trip from Murmansk to the Bering Strait in 14 days without engine power. His

Gazprom, OMV Meet on Establishing Nord Stream JV

At a Meeting held at the Gazprom headquarters between Alexey Miller, Chairman of the Company's Management Committee and Rainer Seele, Chairman of the Executive Board of OMV,

Middle East

Oman Drydock Company Expands Rapidly

Oman Drydock Company (ODC) is growing fast. In January, the yard hit an important milestone - its 300th drydocking. Harnessing the power of its new $1.8 billion, 1.

Iranian Ship, Crew Escape Captivity off Somali Coast

An Iranian fishing vessel and its crew have escaped after being held captive for five months by Somali fishermen, maritime piracy experts said on Friday, but it

Oil Steadies as Equities Rally

Recovering stock markets boost oil prices; U.S. crude on track for first weekly gain in nine weeks. Oil prices steadied on Friday after bouncing back from six-and-a-half-year

 
 
Maritime Careers / Shipboard Positions Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.9180 sec (1 req/sec)