Terminal News

ASCO Awarded Steel Terminal Handling Contract

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Picture of Anamika Talwaria

Anamika Talwaria

Editor for Tank Storage Magazine & Chair of Women in Tanks

ASCO, a leading logistics and materials management company, has been awarded a terminal handling contract with Alcoa in Mosjøen, Norway. Alcoa is the world’s eighth-largest producer of aluminium, and this agreement marks a significant milestone in ASCO’s 30-year history in Norway, representing a further expansion of its services beyond the oil and gas sector.

The new contract builds on ASCO’s 17-year relationship with Alcoa in Farsund, where the company has gained valuable experience in terminal operations. Under the new agreement, ASCO will take over the Mosjøen terminal through a business transfer, expanding its operational footprint and scope of services.

Due to the scale and complexity of the contract, a broad range of capabilities will be required. ASCO is not only establishing operations in Mosjøen but also looking forward to building strong relationships with the local team and wider organisation.

Ole Kjetil Borsheim, operations director at ASCO Norge AS, comments: ‘We are pleased to expand our partnership with Alcoa. This contract is a testament to our ability to deliver high-quality services across multiple industries.’

‘This milestone represents an exciting new chapter for ASCO, and we look forward to a strong collaboration with the Mosjøen team as we integrate into the local community,’ says managing director Runar Hatletvedt.

ASCO will take over operations on 1 June 2025, and preparations for the transition are well underway.

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