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Brisk business for ABP South Wales

[ January 18, 2019   //   ]

ABP South Wales saw an increase in several commodities during 2018 following investment in infrastructure and services. Chemicals products and steel were both 10% up on 2017, while coal increased by 38%. Timber saw a 22% increase in imports while import and export of mineral products doubled in volume compared to the previous year
The port of Swansea continued to support local wind energy projects throughout 2018. The port handled turbine components for Mynydd y Gwair, a 16 turbine wind energy project located 15km north of Swansea.
Matthew Kennerley, Director, ABP South Wales, said: “Continued investment in our five ports has given both new and longstanding customers the support they need to grow their businesses.
“Our ports are vital strategic assets for the region and represent a unique logistical network for South Wales. ABP South Wales annually contributes £1.5 billion to the UK economy while supporting 21,800 jobs across the nation.”
In July 2018, a £2.7 million project was completed to renew the outer lock gates and refurbish the middle lock gates at the Port of Newport. A £1.3 million investment was also made in a new Multidocker materials handler to supplement the ports’ existing quayside and mobile cranes.

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