€100m container terminal to boost China trade
Plans for a €100m trimodal container terminal at an inland port in Germany are expected to create the largest container terminal in the European hinterland and a “gateway hub” for trade with China.
Duisburger Hafen AG (duisport), the owner and operator of the Port of Duisburg, will withdraw its coal island from the market, starting in 2020, and build a trimodal container terminal on the site together with its international partners COSCO SHIPPING Logistics, Hupac SA, and HTS Group. The new ‘Duisburg Gateway Terminal’ will be used to handle trade with China and developed to handle train traffic along the corridors of the New Silk Road.
"We are reacting to the changing market and are building Europe's largest container terminal in the hinterland on the coal island. In this way, we are consolidating our leading position in Chinese trade, creating jobs, and strengthening NRW as the most important logistics location in Europe," explained duisport's CEO Erich Staake.
Set for commissioning in 2022, the terminal will have an investment amount of around €100m. 220,000 square meters are planned for the terminal, said duisport.
Around 30% of all rail-based trade between China and Europe runs through the Port of Duisburg, which is the start and end point of the China trains.
In the future, up to 100 China-bound trains per week, rail traffic on the European rail corridors, in particular to Eastern and Southeastern Europe, and inland waterway services to seaports will be able to operate from the Duisburg Gateway Terminal. This is expected to generate an annual throughput of around 850,000 standard containers (TEU) upon completion of the terminal.
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