Wallenius Wilhelmsen Logistics (WWL) has signed a concession agreement with the Port of Zeebrugge, the largest roro port in the world, to develop 49 ha of land known as the Bastenaken West property located in the inner port. With this concession, in place until 2043, the company will nearly double its terminal footprint. WWL will invest about $20m there during the next two to three years.
Since beginning its relationship with the Port of Zeebrugge in 1999, Wallenius Wilhelmsen Logistics has expanded its operations at the port to include vehicle processing, technical services for heavy equipment, and yard management services. WWL has been seeking expansion opportunities within the port, and this concession allows the company to attract new business with Original Equipment Manufacturers (OEMs) and other third parties.