MSC’s port operating subsidiary, Terminal Investment Ltd (TIL), has signed a deal with the port authority of Aarhus to develop a new container terminal at Denmark’s largest port, reports The Loadstar.
The facility will be located in the port’s Ominterminal area, the port authority said, where TIL will lease approximately 170,000sq metres to “establish and operate their own container terminal”.
“The terminal is expected to be fully developed by 2027, at which time MSC Group and TiL will be able to start using the area,” the port authority said.
Break-up of partnership
Following the break-up of the Maersk-MSC 2M partnership next February and concurrent launch of MSC’s standalone network and the Maersk-Hapag Lloyd Gemini Cooperation, MSC is expected to be the sole shipping line to offer a direct call at Aarhus on the Asia-North Europe trade, via its Swan service.
“We are pleased that MSC Group and TiL see Aarhus as an attractive port and are now choosing to invest in establishing a container terminal,” said Port of Aarhus CEO Thomas Haber Borch.
Volumes have largely stagnated at Aarhus since the pandemic gave it a considerable boost. Its 2021 throughput hit 718,000 teu, a 21% jump over 2020. The following year, volumes continued to climb, to 760,000 teu, but fell back to 674,000 teu in 2023, prompting fears in the port that it was losing market share – particularly in its key Danish hinterland.
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Source: Loadstar
