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DP World has announced that its terminal at the London Gateway has handled its 10 millionth container, just nine years after the opening of its smart logistics centre on the doorstep of the UK capital.
This milestone illustrates the London Gateway’s exceptional growth record, with 1.8 million TEUs transported last year, an increase of nearly 650% compared to its first full year of operation in 2014. The new £350m fourth berth will further increase capacity, which will be reduced by a third when it opens in 2024, the company said.
Ernst Schulze, CEO of DP World UK, said: “After the disruption of recent years, shipping lines and cargo owners are looking for capacity, reliability and growth opportunities. We are delivering it, enabling customers to move smoothly and efficiently into and out of the UK and their supplies cargo in the chain.”
“Within ten years, the London Gateway is likely to handle up to 30% of the country’s container trade. Its port-centred logistics park will be one of the largest in Europe, with 12,000 employees, and is set to invest in a second rail terminal and a new fourth berth.”
DP World operates the UK’s state-of-the-art logistics hub: two deep-water ports at the London Gateway and Southampton, with access to freight rail terminals. By offering a choice of deepwater entry and exit points to and from the UK, the leading provider of smart logistics solutions offers shipping lines, cargo owners and exporters greater flexibility and choice.
DP World announced in July that the London Gateway handled more than 1 million TEUs in the six months from January to June, a record for the port. The company said the performance contributed to record volumes at DP World’s UK ports in the first half of the year, taking into account Southampton’s throughput to a total of 1,937,000 TEUs.
Over the past 10 years, DP World has invested £2 billion in the UK, supporting thousands of jobs. The company added that over the next 10 years it had earmarked another £1bn for investment that would be a catalyst for the revival of some of the country’s poorest areas. – TradeArabia News Service
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