DP World completes acquisition of Cargo Services
NewsDP World has acquired Cargo Services Far East Ltd, enhancing its global supply chain capabilities with services for retail and high-fashion logistics.
Two Antwerp port operators, DP World and Euroports (Manuport, Westerlund) have taken an option on a 10-hectare parcel of land alongside the Albert Canal in the future Beverdonk industrial zone near Grobbendonk, with a view to developing an empty container depot and, in a second stage, a barge terminal for full containers shipped over Antwerp. DP World and Euroports are already working together in the TriLogiport project in Liège.
The objective is to downstream EC depot activities from the deepsea terminals in Antwerp and at the same time relieve congestion on the E313 motorway, as empties could be shipped by barge. If the project develops as planned, warehousing could be added for CFS activities. The depot facilities would be open to all terminal operators.
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This complete item is approximately 100 words in length, and appeared in the December 2009 issue of WorldCargo News, on page 9. To access this issue download the PDF here.
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