Shipping companies acquire footing in Port of Rotterdam

In exchange, NYK is giving Hutchison Port Holdings (HPH), the parent company of ECT, a majority share in the Amsterdam Ceres Terminal.

Evergreen is giving HPH a 50% share in the Italian Taranto Container Terminal and is also receiving in exchange a minority share in HPH’s container terminal in the English Thamesport. 11 Shipping Companies Following implementation of the recent contracts, in addition to NYK and Evergreen a further five shipping companies have an interest in the Rotterdam container sector: Cosco, Hanjin, Yang Ming, “K”-Line (together 49% interest in the Euromax Terminal) and Maersk Line (via sister company APM Terminals). APL, Hyundai, MOL and CMA CGM will join this list when the Rotterdam World Gateway terminal at the Second Maasvlakte goes operational in 2013. On the basis of current market sharing, these 11 shipping companies represent around 70% of world maritime container transport.

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