Altius and Progeco Open New Cold Storage Facility at Port of Bilbao

Key Takeaways

• 300 sqm antechamber, 550 sqm storage, 1,100 pallets capacity.
• Facility targets frozen fish, seafood, meat.
• Investment ~€1.2M ($1.3M) with second phase planned.
• Expands Progeco’s cold chain to 8,000 sqm in Bilbao.
• Boosts Bilbao hub for perishable cargo in northern Spain.

Summary

Altius and Progeco have launched a new cold‑storage warehouse at the Port of Bilbao’s ZAD‑3 area. The facility features a 300 sqm antechamber and a 550 sqm storage zone capable of holding 1,100 pallets of frozen fish, seafood and meat. The project, funded with roughly €1.2 million (about $1.3 million), is managed operationally by Progeco and commercially by Altius, with a second phase already slated. It expands Progeco’s temperature‑controlled footprint to around 8,000 sqm in Bilbao.

Pulse Analysis

Bilbao’s strategic location on the Bay of Biscay has long attracted container traffic, but the surge in temperature‑sensitive goods has outpaced existing infrastructure. By adding a 550 sqm, 1,100‑pallet cold storage unit, Altius and Progeco address a critical gap in the supply chain, allowing shippers to consolidate frozen fish, seafood and meat closer to European markets. The €1.2 million investment, equivalent to roughly $1.3 million, reflects confidence in the region’s growing demand for efficient, high‑quality cold‑chain services.

Progeco, a veteran logistics operator in Bilbao since 1985, now oversees about 105,000 sqm of total logistics space across multiple port zones, with this new freezer bringing its temperature‑controlled capacity to 8,000 sqm. Altius, part of the Davila Group, brings commercial expertise, positioning the facility to capture new cargo volumes and offer value‑added services such as rapid dispatch from the 300 sqm antechamber. The partnership leverages Progeco’s operational know‑how and Altius’s market reach, creating a seamless end‑to‑end solution for exporters and importers handling perishable products.

The broader impact extends beyond the port’s walls. Enhanced cold‑chain capability bolsters northern Spain’s competitiveness in the European food‑supply chain, attracting exporters from the Atlantic fishing fleets and meat processors seeking reliable storage before inland distribution. With a second phase already planned, the facility is poised to scale, potentially adding more pallet slots and advanced refrigeration technology. This development signals a shift toward integrated, climate‑controlled logistics hubs that can support both regional producers and global trade partners.