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BREMER LAGERHAUS-GESELLSCHAFT -AG VON 1877-

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Bremer Lagerhaus Gesellschaft von 1877 : BLG LOGISTICS wins new customer for the handling of e-cars

07/23/2020 | 09:30am EDT

The Chinese company AIWAYS has chosen AutoTerminal Bremerhaven as the first port handling facility for its battery-driven SUVs. The vehicles are destined for the European market.

The marine port and logistics service provider BLG LOGISTICS discharged the new electric vehicles from the Chinese startup AIWAYS from a vessel belonging to Wallenius Wilhelmsen Ocean shipping line. Before the vehicles can continue on their journey to France, they are stored temporarily at the AutoTerminal Bremerhaven. During this period, BLG LOGISTICS takes care of quality control as well as customs clearance for AIWAYS.

The AutoTerminal Bremerhaven handles, technically processes, and transports 2.1 million vehicles per year. The facility in the port city can accommodate up to 95,000 vehicles. AutoTerminal Bremerhaven is one of the world's largest vehicle handling ports. Each year, 1,300 vehicle-transporting ships dock at the terminal. All the major shipping lines for vehicles regularly use Bremerhaven.

In recent years, the share of electric vehicles has increased - both in handling and in vehicle transport. The new drive technology requires changes in port infrastructure as well as in logistics concepts. In port cargo handling and transport, vehicle weight is a key aspect. The higher weight due to the batteries increasingly affects both load volumes and loading of the transport trucks and rail cars.

AIWAYS, AIWAYS, a supplier of customized mobility solutions, was founded in Shanghai in 2017. In August 2020, it will be the first Chinese startup to launch battery-driven SUVs on the European market, in the form of its U5 model. AIWAYS will kick off its campaign in Germany this summer. Norway, France, Switzerland, the Netherlands, and other countries will follow successively over the year.

Disclaimer

BLG - Bremer Lagerhaus-Gesellschaft AG published this content on 23 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 July 2020 13:30:12 UTC


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Sales 2020 1 065 M 1 244 M 1 244 M
Net income 2020 1,12 M 1,30 M 1,30 M
Net Debt 2020 854 M 997 M 997 M
P/E ratio 2020 41,3x
Yield 2020 0,92%
Capitalization 44,5 M 52,0 M 52,0 M
EV / Sales 2019 0,70x
EV / Sales 2020 0,84x
Nbr of Employees 11 609
Free-Float 100%
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