The Port of Algeciras Hosted the Ninth Edition of Cool Logistics
Despite a challenging year, the Port of Algeciras experienced a 5% throughput volume boost last year and has overtaken Valencia, as Spain’s major port. Algeciras now ranks as Europe’s fourth largest port, Port Strategy reports.
Although exports from the port rose by more than 21% in 2016, the port authorities are committed to further raising import-export cargo. The introduction of a daily rail link to the Madrid Coslada benefitted the port, as cargo from Shanghai can get to Madrid in as little as 26 days.
One of the biggest advantages of the port’s location is market-leading transit times from the U.S. East Coast and Latin American countries.
AGRO Merchants recognized the steadily increasing importance of the port by expanding their facilities in Algeciras last year to reach 15,600 pallet spaces. The cold store’s flexible solutions for fresh and frozen products alike has contributed significantly to the port’s value offering.
The potential of the port was underlined by its winning this year’s Cool Logistics Global Conference, proudly sponsored by AGRO Merchants Group.
Cool Logistics connects perishable cargo owners with cold chain logistics and transport professionals from around the world to assess key market trends and operational best practice for the international movement of chilled and frozen cargoes by air, land, and sea. It’s a unique opportunity to network and to exchange ideas with industry colleagues.
AGRO Merchants Group was founded in January 2013. Along with its financial partner, Oaktree Capital Management, AGRO Merchants currently owns and operates over 6.7 million cubic meters of temperature-controlled warehouse and distribution space in the U.S, UK, Austria, Ireland, Spain, Portugal, Poland, Australia, Brazil, Chile and the Netherlands.