Rhenus becomes majority shareholder of Bulk Cargo – Port Szczecin
(Posted on 10/01/25)
Germany based Rhenus Group has acquired an additional 58,5 percent of shares in the Polish port operation company, Bulk Cargo – Port Szczecin, making Rhenus the majority shareholder with a total of 98,5 percent. The acquisition will pave the way for Rhenus to continue to develop its activities in Szczecin.
The Bulk Cargo Terminal – Port of Szczecin includes eleven berths, 3.5 kilometers of quay wall and is connected to the hinterland by inland waterways, rail and road.
Rhenus had initially acquired the first 40 percent of Bulk Cargo – Port of Szczecin in 2022. The logistics solutions provider has been active in Poland for more than 30 years, as well as 30 years at the Port of Szczecin, and employs around 3,500 people in Poland. “The port of Szczecin, with its significance for European waterways, is also of great importance to the Rhenus network. The potential of this port for environmentally friendly supply chains for the Polish, Czech and East German markets is immense. As Rhenus, we have been supporting Polish customers over the past 30 years and will continue to develop efficient logistics solutions for them,” says Michael de Reese, Head of the Rhenus Port Logistics division. The Szczecin and ?winouj?cie Seaports Authority has previously invested in several improvement measures in the port, such as a deepening of the fairway and the strengthening of the quay walls. “We therefore plan to build upon these previous investments and further develop the port infrastructure as well as future-proof handling equipment and technology at the Port of Szczecin,” continues Micheal de Reese.
As the biggest terminal operator in the Port of Szczecin, Bulk Cargo handles around four million tons of goods a year. The terminal comprises eleven berths and 3.5 kilometres of quay wall. The services provided at the Baltic port include bulk and breakbulk handling with specialized equipment, storage, stevedoring and port forwarding via inland waterway, road and rail. While historically, the port has been most known for handling coal and ore for the local coal mines, steelworks and coking plants, today Szczecin is a multipurpose port, with bulk, breakbulk, general and liquid cargo transshipment capabilities.
The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 7.5 billion. 40,000 employees work at 1,320 business sites in more than 70 countries and develop innovative solutions along the complete supply chain.
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