APM Terminals Zeebrugge

Chinese shipping conglomerate Cosco today signalled the clearest indication that it is planning to create a North European container gateway to mirror its Mediterranean facilities in Piraeus.

It has signed a concession agreement with Zeebrugge Port Authority to operate its box terminal, CSP Zeebrugge.

The signing ceremony this morning at the port marks the final chapter in Cosco’s quest to take control of the Belgian hub.

Zeebrugge has seen volumes seesaw in recent years, largely as a result of the creation of the 2M alliance, which meant ...

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