Forth Ports and Port of Zeebrugge Join Forces in a Strategic Agreement

MaritimeProfessional.com
Wednesday, June 19, 2013

MoU signed to explore new container cargo opportunities.


Forth Ports Limited and Port of Zeebrugge / MBZ have (18 June 2013) signed a Memorandum of Understanding (MoU) which marks the start of a strategic agreement between the Port companies with the aim of the exploring mutual opportunities to attract new container cargo volumes.


Both ports have complementary assets both in current trade arrangements and geographical positioning and through this MoU, Forth Ports and Port of Zeebrugge have agreed to explore initiatives to develop these current trade links and connections. The agreement will initially focus on enhancing container cargo volumes at Port of Zeebrugge and London Container Terminal (LCT) in Tilbury which is the UK’s 3rd largest container terminal.


Zeebrugge’s container volumes are largely dominated by deepsea Far East volumes, while LCT has a particularly strong position on the South America trades. LCT at Tilbury has a unique geographical position as London’s key port, while Zeebrugge has a unique deep-water location near the seagoing trade lanes. Zeebrugge also has a significant South America cargo base demand while Tilbury is an excellent gateway for Far East cargo for the London consumer markets.


Independent business advisors Maritime & Transport Business Solutions (MTBS) completed the market analysis for LCT which has led to the MoU being agreed by both Ports. MTBS will remain on board to provide further support as the project develops.


Commenting on the MoU, Perry Glading, Chief Operating Officer at Forth Ports (owners of Port of Tilbury and LCT) said: “This is great news and a real opportunity to capitalise on synergies at both Ports. Tilbury has a unique position in the UK at the heart of the London and South East markets. Using a regular feeder service from Zeebrugge we offer an alternative to large deep sea vessels who need only make one call at the Belgium ports for the onward feed service to the UK. We have a significant investment programme underway at LCT and have already installed a new ICT system, purchased 14 new straddle carriers and installed a new single lock gate. We look forward to working with MBZ at Zeebrugge on this important project.”


Mr Coens said: “The signing of this Memorandum of Understanding is a logical development, since from way back Port of Zeebrugge acts as a bridgehead for the British markets, in particular the London area. By strengthening the ties with Tilbury, we aim at enhancing cargo flows."

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

W&O, LESER Partner to Deliver Safety Relief Valves

W&O, a global supplier to the marine and upstream oil and gas markets for pipe, valves and fittings, valve automation and engineered solutions, has partnered with

Fednav Celebrates Anniversary Trio in Cleveland

Fednav Limited held a reception on board one of its vessels, the Federal Mayumi, at the Port of Cleveland yesterday to celebrate a trio of anniversaries: the 70th

Karl Senner Inks Distribution Deal with Electronic Power Design

Karl Senner, LLC (KS) has reached a new strategic representation agreement with Electronic Power Design (EPD). Karl Senner, LLC now represents EPD in the United States marine and offshore Markets.

Ports

Fednav Celebrates Anniversary Trio in Cleveland

Fednav Limited held a reception on board one of its vessels, the Federal Mayumi, at the Port of Cleveland yesterday to celebrate a trio of anniversaries: the 70th

WRRDA: Clearing the Channel for P3 Projects

A Creative Combination for Financing Inland Waterways Infrastructure Earlier this year, the U.S. maritime industry in general, and the inland waterways industry in particular,

BMT Supports Samalaju Port Development

BMT subsidiaries in the Asia-Pacific region have been awarded a contract to provide design expertise for an advanced bulk-material handling system for the emerging port of Samalaju in East Malaysia.

Container Ships

Diana Extends Containership Time Charters

Diana Containerships Inc. announced direct continuation of time charter agreements for m/v Cap Domingo and m/v Cap Doukato   Diana Containerships Inc., a global

CMA CGM Acquires OPDR

The CMA CGM Group has acquired the German shipping company Oldenburg-Portugiesische Dampfschiffs-Rhederei GmbH & Co. KG (OPDR), CMA CGM founder, chairman and CEO Jacques R.

Matson Raises 2015 Westbound Hawaii Box Rates

Matson, Inc., a U.S. carrier in the Pacific, announced that Matson Navigation Company, Inc. (Matson) will raise its rates for the company's Hawaii service by $225

Dynamic Positioning

Kings Point Student Earns NMRA Scholarship

The National Marine Representatives Association (NMRA) recently awarded its second $500 scholarship to a student pursuing education in the marine industry and maritime trades.

Damen to Refit Helix Well Intervention Vessel

After having docked and repaired the MSV Seawell in 2012 and DSV Well Enhancer earlier this year, Damen Shiprepair Vlissingen (DSV) was contracted by Helix UK to

COSL Takes Delivery of New Semisub

China Oilfield Services Limited saw successful delivery of the deepwater semi-submersible drilling rig COSLProspector it invested in and commissioned to build in Yantai, Shandong today.

 
 
Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2878 sec (3 req/sec)