Antwerp cements China ties

07 Jun 2017
Strategic alliance: The agreement was signed in the presence of the prime ministers of Belgium and China

Strategic alliance: The agreement was signed in the presence of the prime ministers of Belgium and China

Port of Antwerp has signed a collaboration agreement with the port of Caofeidian which forms part of the Chinese “One Belt One Road” project.

The “One Belt One Road” project aims to connect China’s ports and industrial cities more closely with crucial trade centres elsewhere in the world, including Europe.

Caofeidian is a very young but dynamic port situated in the North of Bohai bay in China. Last year it handled 260 million tonnes of freight including 36 million tonnes of steel.

Antwerp for its part is the largest steel port in Europe with an extensive range of value-added activities in this specific segment. The volume of steel carried between Caofeidian and Antwerp is between 500,000 and 700,000 tonnes per year.

The agreement has been created to further boost trade between the two ports with one of the first aims being to investigate the possibility of establishing a rail connection between Caofeidian and Antwerp.

Shipping transport will also be improved thanks to the introduction of a regular liner service.

The agreement also provides for port professionals from Caofeidian to follow a training package later this year developed specially by APEC-Antwerp/Flanders Port Training Centre, the maritime training institute of the Port of Antwerp.

Under the agreement, the two parties will also carry out mutual promotion and exchange of information.

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