Europe Container Terminals (ECT) and the Port of Rotterdam Authority have agreed to end the lengthy dispute between both parties.
A statement from the pair said that ECT and the Port Authority have come to an understanding that it is in the mutual interest of both companies to cooperate, taking into account their respective rights and obligations.
As a consequence ECT will not appeal in the lawsuit against the Port of Rotterdam Authority. ECT and the Port Authority have signed an agreement, which marks not only the end to the lawsuit, but also the beginning of jointly addressing the challenges the container sector will face in the years to come.
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