• 2019 October 21 12:39

    Ports of Antwerp and Zeebrugge initiate merger negotiations

    The port authorities of Antwerp and Zeebrugge – two of Flanders’ four seaports – have given the green light to start negotiations for a possible (phased) merger. This decision is based on the findings of a complementarity and robustness study carried out by the consultancy firms Deloitte and Laga, Port of Zeebrugge said in its release.

    The Antwerp and Zeebrugge port authorities have had constructive discussions about intensifying their current cooperation and synergies since the beginning of 2018. These discussions led to a joint economic complementarity and robustness study carried out by consultancy firms Deloitte and Laga.

    The study evaluated the current forms of cooperation, the possible added value of all potential forms of cooperation, including an economically interesting merger and potential management scenarios.

    The research concluded that current collaborations have limited impact because of the traditional competition between the two ports, a scope that’s too limited, and a lack of commitment. However, the report also states that Antwerp and Zeebrugge are highly complementary and face the same challenges. “Far-reaching cooperation makes both ports more robust in existing domains, consolidates local employment and strengthens the ports’ roles in Flanders and internationally,” states Deloitte.

    “Intensified cooperation will also enable the ports to respond more quickly and effectively to future opportunities such as economies of scale, energy transition, innovation and digitalization. Even more, clients of both ports are also in favor of increased collaboration between Antwerp and Zeebrugge. In short, cooperation can yield strong win-win results for both ports, provided that there is a far-reaching integration between the two port authorities. As a result, a holding company and merger were the only management models retained in the governance analysis.”

    Both port authorities are willing to formally start negotiations in view of a possible (phased) merger. The entire process is expected to take around two years.

    Dirk De Fauw, chairman of the Port of Zeebrugge: “We have been talking with the Port of Antwerp for some time now to see how we can work more closely together with the aim of strengthening each other’s platforms. The ambition of both our port authorities is to form a future-proof port with a complete offering from A to Z. Based on the growing trust and the positive findings of the research report, we will start the formal discussions with our colleagues from the Port of Antwerp.”

    Port of Antwerp Alderman Annick De Ridder: “Deloitte's research indicates that our ports are highly complementary and that we face similar challenges. Together, we can turn Antwerp and Zeebrugge into the port of the future faster and more effectively by focusing on domains such as energy transition, innovation and digitalization. We are starting formal merger talks with Zeebrugge because we are confident that this will enable us to reinforce our position as the main gateway to Europe.”




2020 October 26

18:03 Port of Klaipeda to get funds for sustainable development and digitization of the port’ management
18:03 Shipping emissions talks stall in London
17:42 34.6 million tonnes loaded in the Port of Klaipeda in 9 months of this year
16:58 Innovative solutions of MAPEI are increasingly widespread in shipbuilding
16:34 Kalmar continues long-term collaboration with Patrick Terminals with new order for AutoStrads
16:10 Average spot market price for Russian M100 product rose to RUB 12,430 pmt
15:46 Royal IHC and Suez Canal Authority successfully launch CSD HUSSEIN TANTAWY
15:34 EPS secures 15-year TC from STL for four dual fuel VLECs
14:52 RF Prime Minister approves list of checkpoints that can be crossed by foreigners with e-visas
14:31 Ocean Network Express to launch new intra Asia service
14:03 Port of Helsinki passenger traffic down 53.9% to 4.1 million in Jan-Sept 2020
13:06 Passenger turnover in Russian ports plunged by 73.9% in 9M’2020
12:59 ICS welcomes legally binding agreement to significantly improve the carbon efficiency of shipping
12:37 Delo Group and Russian Railways signed Agreement on cooperation in organization of rail container transportation
11:59 Stena Bulk branded class for tanker personnel opened at Admiral Makarov SUMIS
11:58 The Ocean Cleanup introduces first product made with ocean plastic pollution
11:30 NIBULON ranks first among Ukrainian shipyards
10:31 EMA and Keppel jointly awarded a research grant to pilot Singapore’s first floating Energy Storage System
10:15 Admiralteiskie Verfi shipyard delivered diesel-electric submarine Volkhov to RF Navy
09:50 MABUX: Bunker Market this morning, Oct 26
09:26 Oil market starts week with decreasing prices
09:09 Baltic Dry Index as of October 23

2020 October 25

15:27 USCG: Oil spill cleanup of Delaware Bay coastline continues
14:53 Richmond Council to host first public meeting with Hammersmith Bridge Taskforce
14:38 Deep water berth extension at Port of Halifax fully operational
13:27 Gothenburg Port Authority's Elvir Dzanic named as a member of Electrification Commission
12:43 Maritime NZ welcomes report to MPI
12:18 Oil spill response equipment and vessel rates in Singapore
11:04 GPA holds first virtual State of the Port

2020 October 24

15:47 Ocean transport of the first lot of railway coach to Myanmar completed
14:51 OOCL announces services changes and enhancements on Asia-Europe trade
13:28 Port Authority launches new campaign against litter
12:41 Hapag-Lloyd announces Ocean Tariff rates on East Asia - NEC and Mediterranean trade
11:06 CSD Hussein Tantawy successfully launched at IHC's shipyard in The Netherlands

2020 October 23

18:09 Baltic Data Flows: New HELCOM project seeks to harmonize and harvest environmental data at a pan-Baltic level
17:47 ICS welcomes legally binding agreement to significantly improve carbon efficiency of shipping
17:10 Anti-submarine ship Vice-Admiral Kulakov completes its business call to Greece
16:32 Bollinger Shipyards delivers 41ST fast response cutter to the U.S. Coast Guard
16:05 APM Terminals Poti signs a contract with Poti New Terminals Corporation for the development of dry bulk facility in the Poti Sea Port
15:31 HySHIP project clinches EUR 8M funding award
15:13 Krasnoye Sormovo shipyard launches dry cargo carrier Alfa Mercury
14:50 Self-propelled crane built for RF Navy’s Pacific Fleet arrived in Vladivostok having passed the Northern Sea Route
14:25 Equinor changes chief financial officer
14:06 Membrane technologies of GTT is an optimal solution for gas carriers, LNG bunkering and storage
13:23 MarineMax participates in the Fort Lauderdale International Boat Show
13:05 Wärtsilä selected to power new ‘super ferries’ series for P&O Ferries
12:55 An agreement made to explore the possibilities of green hydrogen export from Iceland to Rotterdam
12:04 Tallink Silja AB is forced to issue redundancy notice to Swedish crew members
11:41 Tallink to become the first shipping company to receive Sustainable Travel Finland label
11:09 Austal to further expand Australia support business through acquisition of BSE Maritime Solutions
10:53 NYK to make Gazocean a wholly owned subsidiary
10:19 Bunker market sees slight change of prices in the Port of Saint-Petersburg, Russia (graph)
09:55 National Gas Vehicle Association to propose priority measures for LNG bunkering support
09:33 Oil prices continue decreasing
09:18 Baltic Dry Index as of October 22
08:49 MABUX: Bunker market this morning, Oct 23
08:19 CMA CGM announces GRR from Asia to West Africa

2020 October 22

19:00 “K”Line online training for seafarers obtained DNV GL certification
18:04 Milaha reports QR 384 million in net profit for the nine months of 2020
17:41 Port of Los Angeles receives $9.9 million infrastructure development grant