During a Belgian Economic Mission to the People’s Republic of China, the Port of Zeebrugge and logistics and trade company Yugo (Bear Logistic) has signed a Memorandum of Understanding (MoU) for cooperation in the Lingang Overseas Modern Industrial Park in Zeebrugge.
The MoU was signed on 20 November in Shanghai by the CEO of Port of Zeebrugge, Joachim Coens, and Managing Director of Yugo , Yu Qingzhen.
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Yugo is a logistics operator with experience in international logistics. It is specialised in storage and transit from their three warehouses in Belgium and France, as well as door to door delivery between China and Europe.
Some of the company’s main clients include Amazon, C-Discount and UPS.
Yugo is expected to relocate to the ‘Lingang Overseas Zeebrugge Modern Industrial Park’ in Zeebrugge in order to enhance the logistics service and operation between Belgium and China.
Yugo and the Port of Zeebrugge aim to provide e-commerce services between Belgium and China and to simplify the import of Belgian goods for Chinese merchandisers.
The company will encourage more Chinese firms to interact with Belgian companies.
Joachim Coens, CEO Port of Zeebrugge, said, “This Memorandum of Understanding with Yugo is an important new step in the development of the Lingang Overseas Modern Industrial Park in Zeebrugge. This new cooperation will serve exporters and importers from both the EU and China.”
The port of Zeebrugge is one of the world’s largest roll-on/roll-off and deep-sea container ports. More than 40 million tonnes of goods are transhipped annually from the port.