Shanghai Lingang Invests in Zeebrugge Port

October 25, 2018

Chinese investment by the Shanghai Lingang Overseas Development  in the port of Zeebrugge was officially signed in Brussels by Liu Jiaping, Chairman of Lingang, and Coens Joachim, CEO of Port of Zeebrugge.

The agreement was signed in the presence of the prime minister of the People’s Republic of China, Ki Keqiang, and the prime minister of Belgium, Charles Michel.

Port of Zeebrugge already announced the investment by the Chinese group Lingang in the Maritime Logistic Zone to establish a service and distribution park. Under the name ‘One park, two centers China/Europe’ Lingang signed an agreement of 85.3 million euros to establish a 30 ha logistic park.

The objective is to settle down Chinese, and international logistic players for transportation of parts and components, reefer loads, e-commerce etc, between China and Western Europe.

With COSCO Shipping Ports acquiring APM Terminals, the Chinese interest for this port zone increased. For this logistic project Lingang will cooperate with the Chinese container operator.

The Maritime Logistic Zone – a 120 ha zone ready for construction – already accommodates the Antwerp based coffee trader Efico and transport company NDQ.

Logistics News

Port Houston Sees Strong Container Volumes for June, Steel Rebounds

Port Houston Sees Strong Container Volumes for June, Steel Rebounds

Red Sea Shipping Insurance Rises After Houthis Announce Blockade

Red Sea Shipping Insurance Rises After Houthis Announce Blockade

Steel Billionaire Vladimir Lisin Sells Sea of Azov Shipping Firm

Steel Billionaire Vladimir Lisin Sells Sea of Azov Shipping Firm

Russian Wheat Export Prices Soar Amidst Escalating Hostilities

Russian Wheat Export Prices Soar Amidst Escalating Hostilities

Subscribe for Maritime Logistics Professional E‑News

Saudi Arabia condemns Houthi threat of blockade; group warns escalation
China suspends aviation company linked to Beijing light aircraft crash
Experts say that Air Force One’s Qatari aircraft needs to be upgraded for security, but they wonder if one month is sufficient.