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Port of Oostende seals REBO deal

DEME has announced the sale of its share in the REBO terminal to the Port of Oostend. It follows the sale of shares in REBO by PMV nv and Artes-Group NV making the Port of Oostend sole owner of the terminal.

REBO features a heavy load quay and was founded together with PMV, DEME and Artes-Group NV. Since then, it has acted as a logistics developer that invests in and rents out infrastructure heavy load quay, quays, office buildings on the grounds of the Port of Oostende. Its activities include the storage, pre-assembly and shipping of wind turbine components.

Dirk Declerck, CEO of Port Oostende, stated: "In order to strengthen the continuity of the port, it is important to increase the occupancy of the REBO terminal. The terminal has many assets, such as its exclusive location, the presence of heavy load quays and a RORO (roll on roll off) pontoon with a carrying capacity of 650 tonnes. Exploiting these assets to the fullest in combination with a broadening of the activity radius will contribute to the Blue Economy developments being able to attach themselves further to the social and economic fabric of the Ostend region. Currently, more than 500 people are permanently employed in the offshore wind business in the port of Oostende. The port authority explicitly thanks PMV, DEME and Artes-Group NV for the constructive role they have played".

Charlotte Verkeyn, Chairman of the Board of Directors of Port Oostende, said: "We want to be able to use the accumulated knowledge in the construction and maintenance of the offshore wind turbines in projects relating to the Blue Economy. Anyhow, the world doesn’t  stand still and it seems necessary to take matters into ones own hands concerning the heavy load quay in order to be able to maintain and strengthen the dynamics in Port Oostende."

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