Wednesday, April 30, 2014

Double Triumph for London Gateway as Container Shipping Port Reveals New Deal at Motor Cycle Museum

Joint Venture Development Contract Agreed Hours Before Multimodal Celebration
Shipping News Feature

UK – DP World’s London Gateway chose its sponsored Multimodal VIP dinner held at the National Motorcycle Museum to announce a deal done just five hours earlier with commercial property group Prologis in which the two will develop a 316,000 square foot distribution centre at London Gateway Logistics Park which sits directly behind the quays of the Britain’s latest deep water container shipping port. The new facility, which will be built speculatively, is designed to offer flexible distribution space to a range of freight forwarding and shipping interests.

The park, which at 9 million square feet is destined to be one of the largest multi-modal logistics hubs in Europe, is within easy reach of the M25 London orbital motorway and is connected to the national rail network. Strong demand has led to the development being taken forward and groundworks are now underway with the target date for the completed building being spring 2015.

The single-sided, 15-metre-high unit has a 55 metre yard area and space for potential expansion. The building has been designed to achieve BREEAM 2011 ‘very good’ accreditation and the best Energy Performance Certificate (EPC) rating for its size. Speaking to the audience at the April 29 dinner before guest speaker Kevin Keegan and assorted shipping sector heavyweights Andrew Griffiths, Managing Director, Prologis UK, explained how his company had identified the site as ideal for its portfolio and said:

“We are delighted to be developing this new unit with DP World at London Gateway Logistics Park. This is the best opportunity in the South East to offer multi-modal connectivity. The park has the potential to offer big cost savings and efficiencies for global supply chains and we believe it is a game changer for the UK market.”

Simon Moore, CEO DP World London Gateway welcomed the Prologis partnership saying he looked forward to the rapid development of the building whilst Peter Ward, the company’s Commercial Director, commented:

“DP World London Gateway offers unique supply chain advantages. The location drives out logistics costs as we are closer to the UK’s major areas of consumption than other ports. In addition, London Gateway Logistics Park will help shape the future of the UK’s fast changing retail supply chains by allowing goods to be moved to homes and shops faster, more efficiently and reliably than ever before.

“The Prologis facility will go through the new London Gateway Local Development Order (LDO) that is now in place to fast-track development. The LDO massively reduces the planning process, saving huge amounts of time and money, whilst protecting the environment. This is just one example of how we have worked to make it easier for industry to get the best solutions in place, quickly, efficiently and reliably, which is at the heart of what we aim to do.”

The dinner which heard the news turned out to be a triumph (no pun intended) with the Motor Cycle Museum an obviously ideal choice for many guests who could be seen and heard reminiscing whilst gazing wide eyed at many of the classic British bikes on display. The mood transferred to the dining room where Mr Keegan gave a fascinating, and extremely amusing, account of his days in football which similarly engendered many a memory of lost youth amongst the audience.