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DP World picks up three Europe ports contract

Business Dubai 12 May 21
DP World picks up three Europe ports contract
The Dubai company DP World picks up three Europe ports contract through affiliate company Swissterminal .
Fee
Event Location
Dubai , Dubai
Area
Dubai
Start Time
12 May 2021, 12:00 AM
End Time
31 May 2021, 12:00 AM

DP World has expanded its European inland network, adding three key ports in Alsace region through subsidiary Swissterminal.

The brand new Alsace port contracts can play effectively in easing commerce actions by way of Germany, Switzerland and France. The move holds such economic importance for numerous industries such as chemicals, metals, food processing, and construction.

Earlier this month, the public authority Syndicat Mixte des Ports du Sud Alsace (SMO) awarded the concession contract for Ports of Mulhouse-Rhin to the public-private company featuring SMO, the Caisse des Dépôts et Consignations and Alsaceteam (joint venture of Swissterminal and the two French seaports Grand Port Maritime de Marseille and Haropa Port du Havre).

The operation of the three inland ports is granted through a contract to Alsaceterminal, a wholly owned subsidiary of Swissterminal, which will take over Ottmarsheim, Huningue-Village-Neuf and Ile Napoleon ports in the course of this year.

The "strategic" location of the ports is expected to grow in significance. New rail connections due to be implemented will link them to the two main French seaports of Le Havre and Marseille-Fos, while inland shipping to the largest North Range ports of Rotterdam (Netherlands) and Antwerp (Belgium) will be strengthened.

Dubai business news 2021DP World Alsace port contracts



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