BLG will operate the OTB for 30 years at its own expense and risk, and in return, the logistics provider will pay a user fee to Bremen.
The terminal should be ready to be handed over to BLG Logistics at the end of 2018 or beginning of 2019, bremenports Managing Director Robert Howe said.
Once OTB commences operations, between two and three jack-up vessels will be able to operate at its 500-meter long quay.
Work on OTB commenced at the end of 2015 with the installation of geotextile bags at the foot of the dyke, followed by the clearing of land in January. By the end of April, munitions detection and clearance will be finished.
Overall, the project for the new terminal will cost an estimated 180 million euros (U.S. $202.2 million).
Since 2012, BLG has provided an interim solution for wind turbine storage and transhipment at the ABC peninsula, a section of Bremerhaven’s Auto Terminal. BLG has also been involved in the erection of offshore wind farms at this site.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now