Hutchison Ports Netherlands B.V., a subsidiary of Hutchison Ports, has signed an agreement to acquire the Rotterdam container terminal APM Terminals Rotterdam (APMTR) from APMT. APMTR is located adjacent to Hutchison Ports’ existing ECT Delta terminal in the Maasvlakte area of Europe’s largest port.
The Dutch government has granted a consortium that includes oil majors Shell and ExxonMobil around $2.4 billion in subsidies for what will be one of the largest carbon capture and storage (CCS) projects in the world.
