Shenzhen: The Port of Antwerp is looking at the possibility of investing in an Indonesian port as it steps up its so-called chain ports program. Antwerp has already invested EUR25m in both India’s Essar Ports as well as Duqm port in Oman. The Belgian port has also invested in two ports in Congo. The idea behind the investments is to drive cargo to the European port. Now the port is looking at investing in both Brazil and Indonesia. “We are studying what are the opportunities,” said Antwerp’s chief commercial officer Luc Arnouts of the Indonesian investment.
“A real chain port means linking two ports in such a way that shippers can save costs,” Arnouts told SeaShip News. [17/10/12]