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Global Player in the Port of Duisburg: PSA becomes new shareholder of Duisburg Gateway Terminal GmbH

The global port and logistics group PSA International Pte Ltd (PSA), headquartered in Singapore, has signed agreements to acquire a 22 percent minority stake in Duisburg Gateway Terminal GmbH (DGT). The transaction is subject to the approval of Germany’s competition and supervisory authorities. Upon completion of transaction, PSA will join Hupac, HTS and duisport as shareholders of DGT.

Located in the Port of Duisburg, DGT will be the first 100% climate-neutral inland container terminal located in the European hinterlands.

“We are pleased to have gained an important strategic partner for the DGT company in PSA, which will contribute significantly to the success of the Duisburg Gateway Terminal with its various business segments in Europe, Asia and worldwide. This network expansion strengthens both the competitive diversity and the further diversification of the Port of Duisburg. The topic of supply chain diversification has an increasingly important meaning,” says duisport CEO Markus Bangen.

Tan Chong Meng, Group CEO of PSA, says, “We are excited to become a partner in Duisburg Gateway Terminal, alongside its existing shareholders duisport, Hupac and HTS. As part of Europe’s largest and most sustainable inland port, DGT will be a key gateway in providing green logistics services to Germany’s dense industrial hinterland. Leveraging PSA’s global ports and supply chain network as well as a strong presence in continental Europe, PSA aims to strengthen the DGT partnership and support Germany’s green energy transition in line with our strategic focus towards enabling smoother, more resilient and sustainable trade.”

Construction progress on schedule

The construction of the trimodal DGT is on schedule and is considered a model project for the future of logistics. With an area of 235,000 square meters, DGT will be the largest container terminal in the European hinterland when completed. The first construction phase is scheduled for completion in the first quarter of 2024.

ABOUT PSA INTERNATIONAL

PSA International (PSA) is a leading global port operator and trusted supply chain partner to cargo stakeholders. PSA’s ports and cargo solutions portfolio comprises over 60 deepsea, rail and inland terminals, across 160 locations in 42 countries – including two flagship port operations in Singapore and Belgium, as well as affiliated businesses in supply chain management, logistics, marine and digital services. Drawing on the deep expertise and experience from a diverse global team, PSA collaborates with its customers and partners to develop world-class port ecosystems, deliver innovative cargo solutions and co-create an Internet of Logistics to accelerate the shift towards sustainable trade. Visit us at www.globalpsa.com, or follow us on LinkedIn and Facebook (@globalpsa).

For media queries, please contact:

PSA (Antwerp, Belgium):

Caroline Creve, caroline.creve@globalpsa.com

duisport (Duisburg, Germany):

Andreas Bartel, presse@duisport.de

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duisport and Port of Antwerp-Bruges agree long-term partnership

  • Cooperation on energy transition, hinterland connections and infrastructure
  • Further step in the expansion of the European Future Network

High-ranking representatives of duisport and Port of Antwerp-Bruges signed a long-term cooperation agreement yesterday. duisport CEO Markus Bangen and Jacques Vandermeiren, CEO of Port of Antwerp-Bruges, sealed the far-reaching partnership in the presence of Flemish Prime Minister Jan Jambon.

North Rhine-Westphalia’s Minister for the Environment, Nature Conservation and Transport, Oliver Krischer, as well as the Deputy Mayor of the City of Antwerp and President of the Board of Port of Antwerp-Bruges, Annick De Ridder, attended the event, as did Josef Hovenjürgen, Parliamentary State Secretary in the Ministry for Home Affairs, Municipal Affairs, Building and Digitization of the State of North Rhine-Westphalia.

At the heart of the agreement is the expansion of cooperation in the areas of energy transition, rail and hinterland connections, and port infrastructure. All three areas are of outstanding importance for the reliable supply of industry and the stabilization of supply chains between Germany and Belgium and within Europe.

Supply chain for hydrogen

The European energy system will increasingly focus on sustainable energy sources, with green hydrogen carriers playing a crucial role. The development of solutions for the import, storage and distribution of green hydrogen in various forms is therefore one of the main strategic pillars of the cooperation between the two ports. The goal is to build an international supply chain for hydrogen in which both partners become central hydrogen hubs for Europe.

To achieve this goal, duisport and Port of Antwerp-Bruges want to establish a high-frequency rail shuttle in addition to planned pipeline connections and establish rail as a “rolling pipeline”. The expansion of the hinterland network, the promotion of sustainable multimodal transport connections, and the steady shift to environmentally friendly modes of transport are substantial for the realization of the energy transition.

As both ports aim for climate neutrality by 2050, the development of environmentally friendly port handling equipment is also part of the joint agreement.

Expansion of the Future Network

For duisport, the cooperation with Port of Antwerp-Bruges is another important step in the expansion of its future network. Similar agreements were already concluded with the ports of Rotterdam and Amsterdam in May and June of this year.

“Our ports have a key role in their regions as leading logistics and industrial centers and are already linked by various multimodal connections. Against the background of the current global challenges, it is only logical that we sustainably strengthen our European partner network and cooperate even more closely,” says duisport CEO Markus Bangen.

Jacques Vandermeiren, CEO of Port of Antwerp-Bruges: “To realize the ambitious plan to become a climate neutral continent, we have to guarantee the European industry reliable and secure access to renewable energy sources. The import, transmission and distribution of green molecules needs short, mid and long term solutions. Developing a robust multimodal supply system will be fundamental to make the change happen. And we are pleased that duisport and Port of Antwerp-Bruges are combining forces to that end.”

 

ABOUT PORT OF ANTWERP-BRUGES

With a total throughput of 289 million tons per year, Port of Antwerp-Bruges is an important hub for global trade and industry. The port is an important link for the handling of containers, general cargo and the transshipment of vehicles. Port of Antwerp-Bruges is home to 1,400 companies and is home to the largest integrated chemical cluster in Europe. The port provides directly and indirectly for a total of 164,000 jobs and a value added of 21 billion euros.

Port of Antwerp-Bruges has a clear goal: to become the first port in the world to balance economy, people and climate. The port aims not only to continue its growth trajectory, but also to leverage its unique position as a logistics, maritime and industrial platform to lead the transition to a circular and low-carbon economy. Together with the port community, customers and other partners, Port of Antwerp-Bruges is actively seeking innovative solutions for a sustainable future. Responsibility for the environment, and therefore for society, is high on the agenda.

The Antwerp and Zeebrugge port sites are operated by the Antwerp-Bruges Port Authority, a limited liability company with the City of Antwerp and the City of Bruges as shareholders. The port company employs 1,800 people. Antwerp’s deputy mayor Annick De Ridder is chairman of the board and Bruges mayor Dirk De Fauw is vice chairman. Jacques Vandermeiren is CEO and Chairman of the Executive Committee, which is responsible for day-to-day operations.

duisport and Deutsche Umschlaggesellschaft Schiene – Straße cooperate on operation of Duisburg freight hub