Antwerp Terminal Operators Under Investigation

Image Courtesy: Port of Antwerp

The European Commission has started an investigation into reductions in compensation payments to two container terminal operators in the Port of Antwerp, Belgium, to establish whether the alleged aid gave them an undue advantage over competitors.

Under the concession agreements with PSA Antwerp NV and Antwerp Gateway NV, the container terminal operators in the Port of Antwerp, the operators needed to handle a minimum amount of containers in the port every year.

Between 2009 and 2012 the two operators did not reach the set minimum tonnage requirements, and, under the agreements, were obliged to pay compensation to the authority.

However, instead of collecting the compensation, in March 2013 the Antwerp Port Authority, which is a public authority, retroactively revised the minimum tonnage requirements downwards, significantly reducing the amount of compensation to be paid by the two operators by around 80%.

Therefore the reduction in compensation that it granted to PSA Antwerp NV and Antwerp Gateway NV is a public intervention.

“Following a complaint from a competitor, the commission has opened an in-depth investigation to examine whether a private investor would have accepted to reduce its compensation in a similar manner,” the EU commission said.

“If the operation was not carried out on market terms it could constitute state aid as defined by EU rules. The commission would then verify whether such aid could be authorised under state aid rules that allow member states to grant state aid for certain public interest goals.”

In 2004, the Antwerp Port Authority concluded concession contracts with PSA Antwerp NV and Antwerp Gateway NV for a period of 42 years for container transhipment services in the Deurganck dock.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Sep 2017 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

INMEX SMM India 2017

Combining the forces of Maritime industry’s two biggest events, the unified edition of INMEX SMM India brought together the most exclusive…

read more >

LIQUEFACTION OF BULK CARGOES SEMINAR

GET TO GRIPS WITH:
– Mechanisms behind liquefaction
– Guidelines and regulations for bulk cargoes prone to liquefaction…

read more >

Seatrade Offshore Marine & Workboats Middle East

The largest event for offshore marine and workboat sectors in the region, Seatrade Offshore Marine & Workboats Middle East will, once again, serve as a meeting point for international industry professionals to come together and do business. Our 2017 show promises a wealth of networking opportunities, high-level discussions in our conferences on important industry trends, […]

read more >

The Future-Ready Shipping Conference 2017

The Future-Ready Shipping Conference 2017 – the joint Singapore-IMO International Conference on Maritime Technology Transfer and Capacity-Building…

read more >