[040710.EN.SEA] PD Ports Expands Teesport's Container Terminal Capacity

PD Ports has announced that it will channel significant investment into the first phase of expansion plans at Teesport, which will potentially involve a total investment of around £29 million.

According to PD Ports managing director Frans Calje, the first phase will expand Teesport's container terminal from its current capacity of 235,000 TEU to 450,000 TEU. This will involve an investment of more than £15 million.

Subsequent phases will be investigated subject to volume growth and market stability.

The port's overall strategy is to expand port wide capacity, including ro-ro traffic, to at least 650,000 TEU, which will position Teesport as a major player in the container market.

The first phase, which is expected to commence in November and last approximately ten months, will focus on the reconfiguration of the existing container terminal layout, including all associated civil works and installation of new rubber tyre gantry cranes.

This will be supported by the implementation of a sophisticated terminal management system.

PD Ports' recent growth in container volumes at its Teesport container terminals coincides with the highly successful portcentric logistics strategy adopted by the port in recent years, which has attracted a number of leading retailers.

PD Ports has also attracted a number of new container services to Teesport over the last eighteen months, including BG Freight, Samskip, Feederlink and Unifeeder, carrying boxes for all major global container lines.

Source : EFT, 01.07.10.