Wallenius Wilhelmsen Logistics (WWL) has signed a concession agreement with the Belgian port of Zeebrugge to develop 49 ha (121 acres) of land known as Bastenaken West.
With this concession, in place until 2043, WWL will nearly double its terminal footprint and invest approximately USD20 million in the area during the next two to three years.
According to WWL, the concession agreement allows the company to attract business from OEMs and other third parties.
Last year the port of Zeebrugge handled 2.8 million units of cargo and serves WWL with deepsea, shortsea and inland transportation connections. To keep up with the growing volumes, WWL says it has developed specialised service and storage facilities for cars, trucks and heavy equipment.
"The agreement marks the next step in WWL's long-term commitment to the port of Zeebrugge, the largest ro-ro port in the world, and positions the company for continued growth and expansion all across Northern Europe," said Ray Fitzgerald, president and coo, WWL Landbased.
WWL's operations at the port include vehicle processing, technical services for heavy equipment, and yard management services.