Norwegian shipping and logistics company Wallenius Wilhelmsen Logistics (WWL) has signed a concession agreement with Belgium’s Port of Zeebrugge to develop 49 hectares of land known as the Bastenaken West property located in the inner port.
With this concession, in place until 2043, the company will nearly double its terminal footprint. WWL plans to invest about USD 20 million during the next two to three years.
“The agreement marks the next step in WWL’s long-term commitment to the Port of Zeebrugge, the largest RoRo port in the world, and positions the company for continued growth and expansion all across Northern Europe,” Ray Fitzgerald, President & COO WWL Landbased, commented.
“Both WWL and the Port of Zeebrugge have experienced significant growth together over the last two decades, and this expansion paves the way for an exciting future,” Hendrik Sohier, terminal manager, WWL Zeebrugge, said.
The Port of Zeebrugge, which handled 2.8 million units of cargo in 2017, serves as an important hub for WWL with a network of deep-sea, short-sea and inland transportation connections.