Posted on January 13, 2022
The Belgian competition authority has approved the merger of the ports of Antwerp and Bruges. Thanks to this decision, the Port of Antwerp-Bruges, the largest container port in Europe, will be created.
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The Ministry of Development and Technology informed that throughout 2021, 713 decisions were issued to support investments with a total value of 37.1 …
The competition commission investigated what the planned merger of the two ports in the Port of Antwerp-Bruges would mean for competition, reports the daily Het Nieuwsblad.
On Monday it was finally decided that “the concentration does not threaten with any consequences that would stand in the way of issuing consent“.
Antwerp is an important transportation hub for chemical transit while Bruges port is used for car and liquefied transport natural gas. As reported by “HN”, studies have shown that both units complement each other well.
Both ports announced their merger plans in February last year. Now, they will jointly handle a total of about 278 million tons of cargo per year, of which 157 million tons will be containers.
The Port of Antwerp-Bruges will also be responsible for over 15 percent. total gas transhipment in Europe.