The Port of Antwerp has signed a collaboration agreement with the Chinese Port of Caofeidian as part of China’s One Belt, One Road (OBOR) strategy.
Under the terms of the Memorandum of Understanding (MoU), a regular liner service is set to be introduced between the two ports, which will also have to carry out mutual promotion and exchange of information.
The agreement also provides for the two parties to look into the possibility of establishing a rail connection between Caofeidian and Antwerp in an attempt to increase trade between them.
Additionally, port professionals from Caofeidian will follow later this year a training package developed by the Port of Antwerp’s maritime training institute – APEC-Antwerp/Flanders Port Training Centre.
China’s OBOR strategy includes projects to build ports, roads, as well as rail and industrial facilities linking the country to Europe.