Your next data centre – what about a retired car carrier?
…but does it compute?
MAERSK: NEARING ONE-YEAR HIGHFDX: FEDEX FREIGHT UPSIDEBA: TIME TO DELIVERFDX: EARNINGS RISKDSV: UPSIDEKNX: TIME TO SAY GOODBYEODFL: SET THE BAR HIGHBA: PIPELINEBA: SUPPLY CHAIN TESTAMZN: AI WAVESDHL: THE FRENCH CONNECTIONJBHT: MIND THE SPREADMAERSK: GAUGE THE UPSIDE
MAERSK: NEARING ONE-YEAR HIGHFDX: FEDEX FREIGHT UPSIDEBA: TIME TO DELIVERFDX: EARNINGS RISKDSV: UPSIDEKNX: TIME TO SAY GOODBYEODFL: SET THE BAR HIGHBA: PIPELINEBA: SUPPLY CHAIN TESTAMZN: AI WAVESDHL: THE FRENCH CONNECTIONJBHT: MIND THE SPREADMAERSK: GAUGE THE UPSIDE
Hyundai Motor’s logistics unit, Hyundai Glovis, is to build a vehicle import facility in the Dutch port of Amsterdam for growing European car imports.
The facility will have berths for up to three pure car and truck carriers (PCTCs) and more than 20,000 vehicles, as well as pre-delivery inspection facilities, with spur tracks to enable rail transport.
The terminal is scheduled to open in January 2027, with Hyundai Glovis Europe (GEU) taking charge of operations – the first time Hyundai Glovis has secured a port hub exclusively dedicated to finished vehicle logistics in Europe.
According to the European Automobile Manufacturers Association and Eurostat, the volume of automobile imports and exports in Europe is projected to increase from 10m units last year to 11.4m in 2028 and 12.4m in 2030.
As automobile sales in Germany and the Benelux account for approximately 28% of European demand, Glovis plans to strengthen its competitiveness in inland transportation by connecting major consumption areas and dealer networks to Amsterdam.
By securing dedicated port bases, it is expected that vehicle dwell times within the port will be reduced, and the more efficient inland transportation will be achieved in accordance with the delivery requests of clients.
In addition, Glovis plans to reduce carbon emissions during transportation by increasing the use of rail through the hub and reducing the duration of ship calls.
The move is part of Glovis’s plan to enhance its global automotive logistics capabilities by establishing finished vehicle logistics hubs around the world. One opened in South Korea’s Pyeongtaek port in 2018, and in 2019 it secured a finished vehicle storage yard at Philadelphia port in the US.
Glovis Europe MD Lee Sang-jin said: “We plan to develop Amsterdam not merely as a ship arrival point, but a European finished vehicle supply chain hub encompassing vehicle storage, quality inspection, shipment, and inland delivery.”
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