On May 1, 2010 this year the period of time within which the intended operator, PSA Antwerp could exercise its right to exclusivity for operating the terminal, expired. Further discussions have made clear that at present PSA Antwerp does not want to take a decision on the conditions for putting the WCT into operation in the future.
Zeeland Seaports regrets this because the impression was always that PSA was working together with the Port Authority to develop this container terminal, which is so vital to Zeeland’s economy. Without an operator, it will be difficult to justify the economic feasibility of the terminal.
Given the present situation, Zeeland Seaports feels it is important first to carry out a market survey and to examine which parties besides PSA are interested in operating the WCT. The container market appears to have emerged from the economic crisis during the past few months and demand for container transport is once again rising considerably around the world.
You need a free subscription to read the entire article.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.