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Forth Ports to buy land and deepwater jetty
[ March 5, 2016 // Chris ]Forth Ports confirms that it has entered into an agreement to purchase 152 acres of land, including a further deep water jetty, close to its Port of Tilbury and is planning to invest at least £100m in infrastructure and facilities.
The land is part of the former Tilbury Power Station owned by RWE which closed in 2013 and is currently being decommissioned. The port has already taken ownership of part of the 152 acre site, with the remainder to be handed when the power station is demolished.
It brings the total port acreage to 1,100 acres. Forth Ports said it would extend its current operations with the creation of a new port, which would be connected to the national rail and road networks. Planning applications would be lodged in due course.
Forth Ports chief executive, Charles Hammond, said: “This is a significant land acquisition for the Port of Tilbury. As London’s major port, it is a key resource for companies who need to access London and the South East of England. We are acquiring this additional land to extend the port in response to increasing demand from customers who are seeking additional capacity within the port.
“We have an ambitious growth plan for the Port of Tilbury and this land deal will complement our other development projects at the port including the growth of London Distribution Park and the opening this year of the UK’s largest port-based chill store, operated by our partners NFT.”
The Port of London Authority Chief Executive, Robin Mortimer, said: “This is a really important development. The former power station site offers a fantastic deep water berth and the land is ideal for the port centric logistics in which Tilbury specialises. It’s all part of a picture of growing trade on the Thames, which we are actively supporting through the Thames Vision project.”
Tags: Forth Ports, Tilbury