HULL, England, September 6, 2018 /PRNewswire/ --
ABP has announced a major expansion plan for two of its key operations in the Port of Immingham.
Last year, ABP announced a £50 million investment for its container terminal offer across the Ports of Hull and Immingham, the first phase of which (amounting to around £14 million) saw the expansion of the Hull Container Terminal and the arrival of two purpose-built gantry cranes to support its operations.
Following continued growth in container volumes across the two ports in 2017, a second phase of the £50 million investment has now begun and will see ABP spending £36 million on the container terminal in Immingham.
In addition to the container investment, ABP's shipping customers are projecting significant growth in volumes they handle in the coming years. To meet the challenges of these projections, ABP has committed to investing a further £2.8 million in expanding the land and services available to support customer operations within the port.
In 2013, the Port of Immingham handled 68,000 container units, but by 2017 that number has grown to 183,000 units. The growth is, in part, due to the rise in the number of Regional Distribution Centres across the M1 / M62 corridor, which look to the Humber Ports as their gateway to trade.
A shift in trade volumes has also been noticed, with cargoes originally destined for ports such as Dover, moving increasingly north as trade partners look at alternatives to mitigate any difficulties the more traditional routes may experience in future.
The need for investment to keep up with growing demand has been clearly demonstrated. Within months, following the £14 million investment in ABP's container offer in the Port of Hull last year, new regular container ship sailings with operators Samskip and I Motion between Hull and the ports of Amsterdam and Ghent were announced. ABP expects the latest investment in Immingham could support further growth in volumes of around 50% by 2020.
Simon Bird, Regional Director for ABP Humber said: "Trade through the Humber Ports remains buoyant and we are confident that this trend will continue as we invest in our infrastructure."
"The Humber Ports play a vital role as a gateway for trade across the North of England, the Midlands and beyond, and we are committed to seizing the opportunities that lay ahead of us. The Port of Immingham is already the biggest port in the country by tonnage, but signs are indicating that we have the potential to grow significantly in the coming years."
Note to editors:
ABP is the UK's leading ports operator with 21 ports and other transport related businesses creating a unique national network capable of handling a vast array of cargo.
ABP contributes £7.5 billion to the UK economy every year and supports 119,000 jobs. Our current investment programme promises to deliver an extra £1.75 billion for the economy every year.
- Handles over 1.5 million vehicles every year
- Generates around one quarter of the UK's rail freight
- Has 1.4 million square metres of covered storage
- Has 1,000 hectares of open storage
- Handles around 90 million tonnes of cargo each year
- Owns 5,000 hectares of port estate
- Has 87km of quay
Our five year investment programme is worth £1 billion. Our investment is designed to respond to the needs of our customers whose business relies on our ports for access to international and, in some cases, domestic markets.
About ABP Humber
The four ports of Grimsby, Immingham, Hull and Goole handle more than 58 million tonnes of cargo between them each year worth approximately £75 billion.
The Humber ports support 34,900 jobs in the region and contribute £2.5 billion to the UK economy.
With 364 hectares of development land available across the Humber, the company recently launched their new property website https://property.abports.co.uk/
Grimsby and Immingham form the UK's busiest trading gateway and move around 50 million tonnes of cargo per annum.
£130-plus million has been invested in the biomass handling terminal in Immingham, in a Humber-wide agreement with Drax Power Ltd that has seen £25 million invested in a biomass handling facility in Hull. The Immingham Renewable Fuels Terminal handles sustainable biomass shipments and will create over 100 permanent jobs once complete. The construction phase created 100 employment opportunities.
The Port of Hull handles 10 million tonnes of cargo per annum and is the focal point for the development of the UK's largest offshore wind turbine manufacturing, construction, assembly, and service facility, which is located on the Port's Alexandra Dock. This new facility represents a £310 million investment and has created around 1000 direct jobs.
The Grimsby River Terminal represents an investment of £26 million and allows large car-carrying ships to berth outside the Port's lock system. This development confirms the Port's position as one of the UK's leading automotive handling facility.
More than the equivalent of 1 million TEUs (Twenty Foot Equivalent Unit) of unitised trade is shipped through ABP Humber ports.
Goole is situated 50 miles upriver and is the UK's premier inland port. It handles over one million tonnes of cargo annually.
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