DP World in negotiations in order to yield own quota (60%) of the terminal DP World Breakbulk of Antwerp



Within the end of this year the terminalista group DP World of Dubay could yield own quota 60% of the capital of DP World Breakbulk, society that work a loose terminal for goods in the port of Antwerp, to the Belgian group Zuidnatie that in the harbour port of call of Antwerp manages the Zuid terminal dedicated to the container and the goods breakbulk. The other shareholders of DP World Breakbulk are the shipowning society Belgian Count and the shipowning society German Rickmers-Linie, both specialized in the loose transport of goods and project cargo.

If the transaction will go DP World Belgium successfully, the branch local of the group of Dubay, will concentrate own terminalistica activity to Antwerp in the field of the container, in which work through joint venture Antwerp Gateway that is participated with 42.5% from DP World, with 20% from Zim Ports of the shipowning group Israeli Zim, with 20% from Chinese COSCO Pacific, with il10% from the Terminal Link of the French shipowning group CMA CGM and with 7.5% from the harbour society German Duisport) and that Dock is carried out moreover in the Delwaide terminal.

The cession takes part of a plan of restructure of the activity of the group of Dubay to Antwerp that could have repercussions also from the occupational point of view, with the possible cut of 70-80 places of job of the 440 of the DP World group in the Belgian harbour city. The sale of the quota DP World Breakbulk would allow with the group to concentrate on the containerized trade, than but in its turn it does not generate turned out satisfactory because of the economic crisis that weighs on many world-wide regions and that in recent months particularly it has been sharpened in European Union, where is scuotendo also the resistant harbour field of northern the range. Last month, in occasion of the presentation of the enlivened volumes of traffic from the terminals of DP World in the first half of 2012 ( on 1° August 2012), the group of Dubay had specified that increase (+3.2%) of the traffic enlivened from the terminals operated in Europe, Middle East and Africa, that it has been pairs to 11,6 million container teu, is limited by the smaller performances recorded in Europe regarding the other terminals of the region.

A case is not sure, evidently, than in the nordeuropea, rich and flourishing area harbour until yesterday, today is counted the first illustrious victims, between other less notes, caused from the impact of the economic recession on the harbour traffics: to raise white flag Hutchison Port Holdings (HPH has been in recent days Amsterdam Terminals Container of the terminalista group), that the port has announced the next closing of the terminal depriving of Amsterdam of the main operator in the field of the container, section at which the Harbour Authority of the port of call had aimed for the development and the diversification of the activities of the Dutch port and that instead almost it will be abandoned. The terminal of Amsterdam was planned (with the name of Ceres Paragon) with the attempt to make of the landing place for the portacontainer more innovative of northern the European range thanks to the possibility at the same time to unload and to load the container from both the flanks with the ships ( on 30 July 1999).