Peel Ports invests $512m in Port of Liverpool expansion

10 August 2014 (Last Updated August 10th, 2014 18:30)

UK port operator Peel Ports Group is spending more than $512m on revamping and expanding the Port of Liverpool in the north-west of England.

Liverpool2

UK port operator Peel Ports Group is spending more than $512m on revamping and expanding the Port of Liverpool in the north-west of England.

The new deep-water port, named Liverpool2, will have the capacity to accommodate 95% of the world’s container fleet, including the post-Panamax vessels.

Liverpool2 is part of the $85bn Atlantic Gateway project, which will be developed over a period of 50 years between the cities of Manchester and Liverpool.

Peel Ports Group CEO Mark Whitworth said: "Liverpool2 has a considerable advantage over its competitors as it has ten motorways located within 16km and is uniquely connected to the Manchester Ship Canal, which stretches 44km from the Port of Liverpool to Manchester, connecting deep sea cargo with the inland container hubs.

"Liverpool2 will be the quickest and most cost-effective route to market…opening up a new market estimated at four million TEU every year."

"Logistically, cargo can be moved much more fuel and carbon efficiently. Very few other terminal operators in the UK have such connectivity, and these combined services offer some of the best value door-to-door shipping costs that cargo owners will find."

For the port revamp, the company has signed a $170m contract with Chinese engineering firm ZPMC, which will provide eight ship-to-shore (STS) megamax quay cranes and 22 cantilever rail-mounted gantry cranes (CRMG).

The semi-automated, remote-controlled cranes will allow the port to handle two 380m vessels at a time and reduce the overall time taken to move containers from port to vehicles.

The STS and CRMG cranes will be supported by quayside facilities and port and logistics solutions, including a fully integrated Navis N4 terminal operating system, autogates and ABB equipment controls.

Together, the port redevelopment programme will generate approximately 500 jobs in the region.

Whitworth said: "China has a long history of trading with the UK and Liverpool2, located at the heart of Great Britain, will offer a more direct trading route for cargo coming from China to reach over 65% of the UK population who live within 240km of Liverpool.

"As one of the most operationally efficient terminals in Northern Europe, Liverpool2 will be the quickest and most cost-effective route to market, not just for goods destined for England but also for Scotland, Ireland, North Wales, opening up a new market estimated at four million TEU every year and increasing potential trade between our countries."


Image: Queen’s Dock at the Port of Liverpool in the north-west of England. Photo: courtesy of Peel Ports Group.