TEN-T grant for Maasvlakte 2 operator
Port Strategy has learned that although the Port of Rotterdam has said that it has received a €5m grant from the EU’s Trans-European Transport Network (TEN-T), it hasn’t seen a penny, it has gone directly to one of Maasvlakte 2’s new operators.
The grant has been allocated to Rotterdam World Gateway (RWG) for a rail terminal and inland shipping cranes at its new container terminal at Maasvlakte 2.
RWG is operated by DP World – which also owns 30% of its shares. Other RWG partners include shipping companies, Singapore's APL, Japan's MOL, South Korea's HMM and France's CMA CGM, all of which own 20% shares, except for CMA, which owns 10%.
A spokesperson for RWG, said to Port Strategy: “It is the EU’s intention to let us have this grant. Next week our project director is in Brussels to discuss the issue. When things are finalised we will be releasing a statement.”
PS spoke to the other terminal operator operating out of Massvlakte2, APM terminals, but it confirmed it hasn’t received any part of the grant.
Meanwhile, Brussels is also reportedly providing €300,000 for a study into a new rail corridor between Rotterdam and Warsaw which is on the horizon.
The aim of TEN-T is to create a single transport network in the European Union by land, water and air to make it more simple to move cargo and people across Europe.
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