Evergreen buys into Rotterdam’s Euromax terminal

Wednesday, 01 November 2023

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Taiwanese container giant Evergreen has bought a 20% stake in Rotterdam’s Euromax terminal for EUR72.5m ($109m), with analysts at Alphaliner suggesting Hutchison Ports was the seller. 

Fully operational, Euromax has design capacity of 4m teu. COSCO is among the other shareholders in the highly automated terminal.

MORE NEWS : MSC Partners with Valencia to Expand Med’s Busiest Container Port

In other Evergreen ports news, the seventh container terminal at Kaohsiung in southern Taiwan –  jointly developed by Evergreen and Taiwan International Ports Corporation – has just been officially inaugurated. 

Source : splash247.com