Mersey Docks goes to Peel

Mersey Docks and Harbour Company (MDHC) has been sold to Peel Ports for £ 771m. Peel already has port operations in Clydeport and the Manchester Ship Canal, whilst MDHC operates in Sheerness, Chatham, Heynsham, Dublin as well as Liverpool. Both interests have development plans.

The research was commissioned by Drewry Shipping Consultants and shows the planning process alone for 12 north European terminal developments is costing an estimated €540m, while delays and cancellations have meant a planned extra 11 million TEUs of capacity due to be available this year, has not been built.

Clydeport wants to develop a major deepsea container transhipment terminal at Hunterston near Glasgow.

Liverpool is also considering developing a riverfront box terminal at Seaforth on the Mersey.

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