SEA-Tank and MOL Chemical Tankers will collaborate in a joint venture named SEA-MOL NV in the port of Antwerp, Belgium. The two companies will construct and operate a multi modal chemical tank storage terminal in the Port of Antwerp.
SEA-MOL NV will secure 20.8 hectares of concession terrain at the Delwaidedok in Antwerp from Antwerp Bulk Terminal. SEA-MOL NV will also enter into an agreement with the Port of Antwerp for a further 24.4 hectares of land near to the above concession terrain.
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SEA-MOL NV also plans to construct a liquid chemical storage terminal that serves as a logistical hub for the storage, handling and added value activities for the petrochemical industry.
The terminal will be accessible for use by all customers and shipping companies. Access to the terminal is guaranteed for sea-going vessels, barges, trucks and railcars.
In addition, the terminal will offer services such as blending, drum filling, filtration, ISO-tank storage enabling customers to concentrate their activities on one site and to avoid intermediate trucking between sites leading to cost savings and reducing congestion.
SEA-MOL NV will build up to 500k cubic meters of storage tanks for liquid chemicals, including organic, inorganic and base oils. The project will cost up to EUR 400M and the terminal will provide direct long-term employment for up to 100 people.
SEA-MOL NV aims to have the first phase of the terminal operational mid 2021.
Antwerp Bulk Terminal will continue its dry bulk handling activities on the rest of its concession terrain in the Delwaidedok and transfer some of the activities to its other terminals in the Port of Antwerp.
