Stena Terminals A/S, a wholly-owned subsidiary of Stena Oil, and the Port of Frederikshavn, has signed the takeover agreement, signifying that Stena Oil has taken possession of the terminal.
In addition, Parsons and its partners will leverage artificial intelligence with video and data analytics to predict freight wait times and develop predictive models around road blockages at train crossings.
The agreement, which was reached with APM Terminals, has obtained all regulatory and stakeholder approvals and the change of ownership will take place effective immediately.
The Portos Project and the eGate Project have been submitted to the Recovery, Transformation and Resilience Plan of the Spanish Ministry of Transport, Mobility and Urban Agenda