11 May 2016
Europe Container Terminals (ECT) sold a 35% stake in its Euromax Terminal Rotterdam to COSCO Ports (Rotterdam) Limited, a wholly-owned subsidiary of COSCO Pacific Limited.
This strategic partnership is beneficial for both parties, giving ECT the possibilities to better serve COSCO CS (China COSCO Shipping Corporation Limited) and its alliance partners and COSCO Pacific a strong presence at the Port of Rotterdam.
The Euromax Terminal Rotterdam, one of the five deepsea container terminals on the Maasvlakte, has been operational since 2010. It is a modern, automated container handling facility and one of the most sustainable terminals in the world.