Next step for Teesport expansion
PD Ports has completed the ground works at its container handling capacity in Teesport UK – the next step in its strategy towards doubling its container capacity.
The works, which went on for a year, have cost £16m as part of an overall £29m project, with the aim of expanding capacity from 235,000 to 450,000 teu.
In order to handle this additional capacity, Teesport has also had to make its single biggest equipment investment since the container terminal opened back in 2003 - in RTG cranes and training. It will also benefit from a new terminal operating system from this summer.
But this is only the first phase in a much larger investment strategy for PD Ports.
David Robinson, chief executive, PD Ports Group, said to Port Strategy: “This first phase of expansion to increase container handling to 450,000 teu is only the beginning in our overall plan."
“Our overall strategy for Teesport is to expand port-wide capacity to at least 650,000 teu, which will make it a major player in the container market. The subsequent expansion phases will take place subject to volume growth and market stability.”
PD Ports believes that the reason it has continued to see container volumes rise is that it has adopted a portcentric concept – by establishing distribution centres and importing goods closer to the final customer. This also ensures that environmental footprint and fuel consumption of the entire supply chain is reduced.
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