Armitt Group, a UK shipping agent and specialist logistics company, has signed a heads of terms agreement to build a 120,000ft² multimodal terminal at London Thamesport. Freight will begin moving through the new facility this year.
The long-term agreement was signed with the port’s owners, Hutchison Port Holdings (HPH) Group.
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Construction of the site and warehouse will begin in early May, with shipments expected to commence later this year.
The terminal, to be named Armitt Multimodal Terminal South, is the first in a three stage investment by the Armitt Group to develop similar facilities in the midlands and north of the UK within the next three years.
Currently, the firm offers vessel agency, chartering services and bunker supplies throughout the UK, including Thamesport.
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Armitt commercial director Nicholas Marshall said: "What we are bringing to Thamesport, through this agreement, is our expertise in breakbulk handling, which is why Hutchison finds us attractive as a partner.
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By GlobalData"We see this deal as being the start of a very long-term successful relationship with Hutchison Ports.
"We also see the deal as a great opportunity to open up a new supply chain corridor to service European and Far Eastern markets, and it is a crucial link in our plans to develop a fully integrated supply chain across the UK.
"The investment also ensures we have access to an excellent deep water, rail-connected and un-congested facility that is important to the needs of our clients," he added.
Armitt stated that it also intends to handle additional breakbulk cargo from the port and is holding talks with Hutchison Port Holdings (HPH) Group to secure an additional area.
The firm chose Thamesport because of its deep-water berths, as well as its road and rail communication links to high population areas in the south east, and access along the corridor to the north west.
Image: Artist’s impression of the future terminal at Thamesport. Photo: Courtesy of The Armitt Group.
