Antwerp Euroterminal

What Antwerp Euroterminal does

Antwerp Euroterminal NV (AET) is a Belgian multipurpose port terminal operator located in the Waaslandhaven area of the Port of Antwerp-Bruges, in Beveren, Belgium. Founded in 2001, the company operates 150 hectares of total port area, 2,300 meters of quay length, and 4,600 meters of on-terminal railway, and processes breakbulk, containers, project cargo, heavy lifts, cars, and RoRo units on a daily basis. AET is described as the largest multipurpose terminal in Europe and the largest terminal within the port of Antwerp, and it holds Authorized Economic Operator (AEO) certification granted by EU Customs Authorities in 2016.

AET was originally established as a joint venture between Grimaldi Group (Naples) and Mexiconatie NV, with Grimaldi holding the majority stake from inception. In August 2022, Grimaldi acquired the remaining shares from Mexiconatie, making AET a 100% wholly owned subsidiary. As one of 24 port terminals worldwide owned by Grimaldi Group, AET serves as the home port for Grimaldi Deepsea, Grimaldi Euromed, Finnlines, and Atlantic Container Line vessels, alongside external cargo owners requiring specialized handling. Operational partners include Antwerp Container Repair (ACR) and Antwerp Lashing & Securing (ALS), which provide on-terminal services.

AET generates revenue primarily through transactional cargo handling fees, with pricing negotiated on a quote basis rather than via published tariffs. The company sells no software products and operates no application, SDK, or public API. Recent strategic activity has focused on sustainability and capacity: in 2024, AET announced plans for the first fixed shore power connections at a Belgian terminal, deployed Atlas Copco ZBC energy storage systems to optimize renewable energy use, and commissioned Belgium's largest unit parking facility. AET employs approximately 200 staff and does not publicly disclose revenue or financial performance.

Name

Antwerp Euroterminal

Legal name

Antwerp Euroterminal NV

Website

https://aet.be

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

251–500 employees

Short description

Antwerp Euroterminal NV is Belgium's largest multipurpose port terminal, handling breakbulk, containers, project cargo, heavy lifts, cars, and RoRo units at a 150-hectare site in the Port of Antwerp-Bruges for Grimaldi Group and affiliated shipping lines.

Ownership category

akta.pro rank

Product category

Port Terminal Services

NAICS

Marine Cargo Handling (48832), Port and Harbor Operations (488310), Support Activities for Water Transportation (4883)

akta.pro primary industry

Conventional Breakbulk Terminals (Unitized Cargo, Palletized, Bagged) (TLAHADAA)

akta.pro secondary industries

Lashing, Securing & Cargo Care Services (Vehicles, Machinery, Breakbulk on Ro-Ro) (TLAHACAK), Machinery & Industrial Equipment Terminals (TLAHADAF)

Keywords

• Multipurpose port terminal
• Breakbulk cargo handling
• Project cargo logistics
• RoRo operations
• Heavy lift handling

Headquarters

HQ city

Verrebroek

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain

Revenue model

1. Cargo handling services: AET generates revenue by processing and handling various types of cargo including breakbulk, containers, project cargo, heavy lifts, cars, and RoRo units for shipping lines and cargo owners.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Antwerp Euroterminal (AET) operates a multipurpose port terminal in Antwerp, Belgium, providing handling, storage, and transshipment services for breakbulk, containers, project cargo, heavy lifts, cars, and RoRo units. The facility spans 150 hectares with a 2,300-meter quay and 4,600 meters of internal railway, supporting integrated sea-, rail-, and road-based cargo flows.

Product overview

Antwerp Euroterminal (AET) operates as a single unified multipurpose terminal facility that processes various types of cargo including breakbulk, containers, project cargo, heavy lifts, cars, and RoRo-units. The terminal is equipped with 4600 meters of railway, 150 hectares of port area, and 2300 meters of quay length, making it the largest multipurpose terminal in Europe. As a wholly-owned subsidiary of the Grimaldi Group since August 2022, AET serves as the home base for Grimaldi Deepsea vessels, Grimaldi Euromed vessels, Finnlines vessels, and Atlantic Container Lines vessels.

Differentiator

Problem solved

Functional benefit

Products and services

• Multipurpose Port Terminal Handling Services
• Breakbulk Cargo Handling
• Container Handling
• Project Cargo and Heavy Lift Handling
• RoRo and Car Handling
• Inland Rail Connectivity Services
• Storage and Warehousing

Quantifiable outcome

• AEO certification achieved in 2016
• +1 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Grimaldi Group (Naples)coreStrategic or Co-development PartnerGrimaldi Group is the parent company of AET. From 2001-2022, AET was a joint venture between Grimaldi Group and Mexiconatie NV. In 2022, Grimaldi acquired all remaining shares, making AET 100% owned by Grimaldi Group. AET serves as home to Grimaldi Deepsea vessels, Grimaldi Euromed vessels, Finnlines vessels, and Atlantic Container Lines vessels.
• Antwerp Container Repair (ACR)minorOthersACR provides container repair services on the AET terminal, supporting the container handling operations.
• Antwerp Lashing & Securing (ALS)minorOthersALS provides lashing and securing services for cargo at the AET terminal.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Cobelfret Terminals: Belgian-based RoRo and multipurpose terminal operator with significant presence at the Port of Antwerp-Bruges. Directly comparable to AET in cargo mix, geographic market, and customer base of European shipping lines.
• CLdN RoRo Terminals: Luxembourg-based RoRo shipping and terminal operator with major facilities in Belgium (Zeebrugge) and Northern Europe. Directly competes with AET in handling RoRo units, vehicles, and breakbulk cargo for European short-sea services.
• Eurogate: German operator of multipurpose and container terminals across Europe (Hamburg, Bremerhaven, Wilhelmshaven, etc.). Comparable to AET in multipurpose cargo handling, intermodal infrastructure, and European port footprint.
• PSA HNN (Antwerp): PSA International's Belgian container terminal operations at the Port of Antwerp. A direct competitor to AET in the same port, with overlap in containerized cargo handling for major shipping lines.

Broad incumbents

• HHLA (Hamburger Hafen und Logistik): Hamburg-based port logistics group operating container terminals and intermodal transport. Larger and more diversified than AET, but comparable in port and intermodal terminal operations serving European shipping lines.
• DP World: Global terminal operator (Dubai-headquartered) with major European operations including Antwerp. Broader and more diversified than AET, but competes directly for container and multipurpose cargo volumes at major European ports.
• Hutchison Ports: One of the world's largest port operators (CK Hutchison subsidiary) with European terminal assets. Competes with AET for shipping line volumes at multiple European ports and is a broad incumbent in the same space.
• APM Terminals (Maersk): Global container and multipurpose terminal operator owned by Maersk. Larger and more diversified than AET, but directly competes for shipping line throughput in European ports including Belgium.

Emerging players

• Wallenius Wilhelmsen: Global leader in RoRo shipping and vehicle logistics, also operating or contracting terminal capacity in Europe. Comparable to AET in RoRo and vehicle handling expertise, though primarily a shipping line rather than terminal owner.
• BLG Logistics Auto Terminals: German automotive and contract logistics operator with vehicle terminal operations at major European ports (Bremerhaven, Hamburg). Comparable to AET in finished vehicle processing and RoRo capabilities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/share?url=http%3A%2F%2Faet.be%2Ftitle-1-2-2%2F&text=100% GRIMALDI&hashtags=antwerpeuroterminal
• Facebookfacebook.com/sharer/sharer.php?u=http%3A%2F%2Faet.be%2Ftitle-1-2-2%2F&t=100% GRIMALDI
• LinkedInlinkedin.com/shareArticle?mini=true&url=http%3A%2F%2Faet.be%2Ftitle-1-2-2%2F&title=100% GRIMALDI

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Antwerp Euroterminal