The German-based logistic company Rhenus Group has announced that it has purchased 49.99 percent shares in Rietlanden Terminals B.V. (Rietlanden), which operates two terminals located at the Dutch Port of Amsterdam, which is Europe’s fourth-largest Sea Port.
Rhenus Group, the globally acting logistics company with 39,000 employees at 1,120 business sites, has acquired its shareholding from the current owner the Singapore-headquartered JERA Global Markets, and it was also agreed that Rhenus will acquire the remaining 50.01 percent in 2027.
Rietlanden operates two terminals specialising in bulk commodities such as scrap metal and coal, and also provides additional services ranging from inland waterway shipping to handling sea freight.
The 6.5-hectare terminal in Amerikahaven is used for the handling of scrap metal together with a long-standing contractual partner.
Furthermore, the terminal in Afrikahaven specialises in handling and mixing various types of coal, and the 30-hectares site has a storage capacity of around 1.4 million tonnes, but in 2017 the Port of Amsterdam announced its sustainability strategy to end coal handling by 2030.
Justin Rowland, Chief Executive Officer of JERA Global Markets, says that “We are confident that the Rhenus Group is well-placed to maximise the value of Rietlanden Terminals, particularly from 2030 and beyond, when coal handling will be disallowed in the Port of Amsterdam.”
Michael Appelhans, the Managing Director of Rhenus Ports , says that “We are delighted to welcome Rietlanden Terminals to our already extensive terminal network in Europe. Joining forces with JERA Global Markets is a natural fit, as we clearly share the same values.”
Peter van der Steen, the Managing Director of Rhenus Port Logistics in the Netherlands, says that “We’re going to develop the terminal in Afrikahaven and turn it into a multi-user terminal that focuses on storing and transhipping more environmentally friendly bulk commodities.”