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Europe Daily Bulletin No. 8857

30 December 2004
GENERAL NEWS / (eu) eu/competition
Green light for ECT and P&O NedLloyd's new Rotterdam container terminal - Commissioner Neelie Kroes abstained from decision

Brussels, 29/12/2004 (Agence Europe) - The European Commission has cleared under the EU Merger Regulation the creation of Euromax, a joint venture between Europe Container Terminals (“ECT”), the main operator of terminals in the port of Rotterdam, and the container liner shipping company P&O Nedlloyd (“PONL”). Euromax will develop and operate a new deep-sea container terminal in the Port of Rotterdam from 2008 onwards. The Commission has concluded that the transaction would not...

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