The total consideration of the investment is about 2.5 million euro. Zeebrugge Terminal became a wholly owned subsidiary of CSP in November, when the company acquired a 76 percent stake from the previous owner.
The second-largest port in Belgium, Zeebrugge is the first terminal in northwest Europe in which COSCO SHIPPING Ports holds a controlling stake.
“COSCO SHIPPING Ports believes that the strategic investment by the Port of Zeebrugge in CSP Zeebrugge should help deepen the cooperation between the two parties,” CSP said. “The strategic partnership should further enhance the terminal services by providing more efficient and high-quality services to shipping companies and capture the economic opportunities emerging around the Port of Zeebrugge.
“Furthermore, it is also the will of both companies in developing CSP Zeebrugge into not only a maritime crossroads but also an ultra-logistics platform to serve continental Europe and the British Isles,” the company said.
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