Wednesday, August 12, 2009

Teesport Container Handling Expansion on Target

PD Ports completes phase one of pre Northern Gateway Scheme
Shipping News Feature

UK – PD Ports, the UK Port and Logistics management group, announced this week that they have completed the first stage of their Teesport development.

£2 million has gone to make available ten acres behind the current TCT2 container terminal for an anticipated growth in traffic. This, it is hoped, will allow for swifter throughput of the increased tonnage whilst development of the new £300 million Northern Gateway pushes ahead.

Initially the Port is using the area to hold stocks of empty containers for its existing major customers, including CMA CGM, Containerships and MSC.

David Robinson, PD Ports’ group chief executive officer, said: “This investment signifies the first of a number of development phases at Teesport required to accommodate the growing container volume throughput. The rise in volumes is a result of general growth of our existing customer activity, together with increasing portcentric logistics traffic from the likes of existing client Asda Wal*Mart and recently Tesco, whose 1.2 million sq ft import centre is due to open at Teesport next week.

“Further expectation of growth in our container volume comes through transhipment volumes, with Containerships recently announcing Teesport as its strategic freight hub for Northern Europe, bringing an increase of 20,000 teu through the Port each year.

“Our latest investment at the Port further demonstrates our commitment to future growth in container volumes over the next five years. Investing now clearly reinforces the view that we have confidence in our customers developing their businesses at Teesport in the longer term.”

It is hoped that the Northern gateway scheme will create up to five and a half thousand jobs in the area.

Teesport is already the third largest UK port facility in terms of tonnage throughput.

http://www.pdports.co.uk/