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Rhenus takes stake in Amsterdam handler

[ September 19, 2023   //   ]

The Rhenus Group has acquired a 49.99% stake in Amsterdam-based Rietlanden Terminals from JERA Global Markets and will acquire the remaining shares in 2027. It weill expand the German company’s port handling and storage of bulk commodities in the Port of Amsterdam which, in 2017, announced a strategy to end coal handling by 2030.

The 6.5-hectare terminal in Amerikahaven handles scrap metal while the facility in Afrikahaven specialises in handling and mixing various types of coal. The plan is to turn it into a multi-user terminal for more environmentally friendly bulk commodities.

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