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ABP to invest in Immingham box terminal
[ September 7, 2018 // Chris ]ABP has announced a £36 million expansion plan at the Port of Immingham, along with a £2.8m investment in expanding the land and services available to support customer operations within the port.
Traffic at the port has increased from 68,000 containers in 2013 to 183,000 in 2017, fuelled partly by the rise in the number of regional distribution centres along the M1 / M62 corridor.
ABP says that cargoes originally destined for ports such as Dover are moving increasingly north as trade partners look at alternatives in face of difficulties in the south of England.
Last year, ABP announced a £50 million investment in its container terminals in Hull and Immingham, the first, £14m, phase of 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.
Following the £ investment in Hull last year, the port has attracted regular container services by Samskip and I Motion to Amsterdam and Ghent. ABP expects the latest investment in Immingham could support further growth in volumes of around 50% by 2020.
Regional director for ABP Humber, Simon Bird, 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.”