Hutchison Ports has been operating the Container Terminal Frihamnen in central Stockholm since 2009. The existing terminal will be redeveloped by the Ports of Stockholm for residential purposes once the new facility opens.

“We are delighted to complete the formal agreement to operate at Stockholm Norvik Port. The new facility will be the nearest container terminal to the Greater Stockholm area which generates 45% of Swedish GDP. As the only deep-water container facility on the East Coast of Sweden, Norvik Port will deliver both economic and environmental benefits by reducing overland transport, bringing ships and cargo closer to the country’s largest market,” Clemence Cheng, Managing Director of Hutchison Ports Europe, said.

Johan Castwall, Ports of Stockholm’s Managing Director, added; “Our cooperation with Hutchison Ports, the world’s leading container terminal operator, is a very important step to make sure that Stockholm Norvik Port will be one of the leading container ports in the Baltic. Together we are creating the best sustainable conditions for transportation of goods to and from the region.”