Stena now fully owns NTEX
NewsStena, already a majority owner of NTEX since 2020, has acquired the remaining 25% shares, becoming the sole owner, pending regulatory approval.
The Port of Gothenburg has opened a new terminal, marking the largest expansion in 40 years of operations at the port.
The Port of Gothenburg has inaugurated a new 144,000-square-meter terminal, an investment of around €60 million that has been under construction for the past six years.
“This terminal began planning as early as the 1990s and then we talked about future-proofing. Now that the future is here, and this terminal is needed to meet the transportation needs of Swedish industry today, which are also expected to continue growing over time,” says Göran Eriksson, CEO of the Port of Gothenburg.
Named Arendal 2, the terminal is also part of the port’s strategy to concentrate its terminal operations in the outer port area, further from the city centre, and with direct connections to the port’s road and rail infrastructure as well as the local growing industrial cluster.
The port said that parts of the new spaces will be used by Stena Line when the shipping company begins relocating its local operations from its current locations in the central parts of the city to the outer port area. The project has included preparations regarding filling, channeling, and water purification for a future ferry terminal.
“It’s still a long way off, but the construction of this terminal has certainly taken Stena Line’s relocation into account. Stena Line will use parts of the new terminal area, while other adjacent terminal areas can also be made available in the relocation process,” says Eriksson.
According to the port, approximately 180,000 cubic metres of contaminated dredging materials from the Göta River have been encapsulated into a stable foundation for the terminal area.
“We have hit two birds with one stone here, where we have both managed to clean the river and dispose of dredging material locally without unnecessary transportation. This has been done in a safe and environmentally friendly manner under a strict control program. The goal of reusing as much material as possible has been very successful in this project.”
The port added that large parts of Arendal 2 have begun to be used by the terminal operator Gothenburg Roro Terminal, which previously had its operations divided between two different adjacent areas. With Arendal 2, the terminal operator gets a larger contiguous terminal area with more accessible hinterland to the important berths 712 and 713.
“Overall, Arendal 2 is a solution where the involved actors get even better conditions to conduct their respective operations while the Port of Gothenburg as a whole is further optimized and becomes more competitive,” concludes Eriksson.
Factfile: Arendal 2
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