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Port of Antwerp receives half-billion euro investments

Port of Antwerp receives half-billion euro investments
Port of Antwerp will receive more than half-billion euro investments during the next five years in relation with two separate projects.

The Belgium SEA-Invest Group plans to build new tanker terminal at Delwaide dock, which will have total worth of 250 million EUR. The construction will take up to five years and have storage capacity for refined products of 750,000 cub m, which will carry about 13 million tons annual turnover for the operator. In another project the SEA-Invest Group will move its newly acquired independent container terminal in Hansa dock to Delwaide dock, neighboring the new tanker terminal.

In addition, the US-based terminal operator Zenith Energy is planning to invest 250 million EUR in port of Antwerp. As part of the investment, Zenith will build a 1250m-long quay across an area of 307,000 sq m, located at the port’s Right bank of Scheldt. Due to the size of the project, and taking into account also the limited quay length available in the Delwaide dock, an alternative site has been chosen on the Right bank of the Scheldt.

“Thanks to the huge interest in the port area we have been able to select projects that offer the highest added value for the port area as a whole”, said the CEO of Antwerp Port Authority, Eddy Bruyninckx. “The waterfront sites have been reserved for candidates that will generate large freight volumes and so make maximum use of the available maritime infrastructure. As for the non-waterfront sites we have opted for candidates that will help to further develop the chemical and petrochemical cluster”, added he.

Port of Antwerp is Europe’s second-largest seaport, after Rotterdam. Antwerp stands at the upper end of the tidal estuary of the Scheldt. The estuary is navigable by ships of more than 100,000 GRT, as far as 80 km inland. Port of Antwerp’s inland location provides a more central location in Europe than the majority of North Sea ports.

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