Why?
Port of Antwerp-Bruges is Belgium's most important economic engine. Container traffic plays a major role in this regard. Containers keep our society and economy going. They ensure our provisioning, allow our companies to flourish and distribute our Belgian products on international markets.
The COVID pandemic and the blockage of the Suez Canal caused a global disruption of logistics chains. This resulted in a major lack of space on Antwerp's container terminals. More recently, the situation on the terminals eased as container throughput declined in Northwestern Europe. This was the result of a slowing global economy, partly due to the energy crisis caused by the war in Ukraine. In that difficult market, Antwerp managed to increase its market share. This means that as soon as growth resumes, capacity will soon hit the limits again. The need to optimise and expand container capacity in the port of Antwerp therefore remains strong.