The Kramer Group has announced that it is cancelling its plans to build a container terminal in the Dutch city of Vlissingen.
According to local public broadcaster Omroep Zeeland, the company’s commercial director Ted Holleman said that the company and its partners in Vlissingen were not able to gurantee enough containers to make the terminal profitable.
Kramer operates a terminal in Rotterdam but congestion on the roads there made a new terminal in Vlssingen, near the Belgian border, attractive.
By collaborating with local companies Verbrugge and Kloosterboer, Kramer thought it could gurantee much more than the 300,000 teu a year necessary to make the terminal profitable.
However, Holleman said that the other companies reduced their predictions of how much cargo they could gurantee so that the terminal no longer looked profitable.
This is the third attempt to set up a terminal in Vlissingen. Previous plans for the Westerschelde Container Terminal failed after no investor was found and plans for a smaller terminal called Verbrugge also failed.
However, Kramer said that there was a possibility for the terminal plans to be revived if circumstances changed.