New deepwater berth

Germany’s DVD Bank is also participating in the transaction in syndication.

“It is sometimes forgotten that the UK entirely depends on its ports for the bulk of its trade. If we get it wrong and get expansion wrong, then we are all going to suffer, ” said Mrs Dunwoody, chairman of the House of Commons transport select committee. The extension, dredged to 15 metres alongside, increases the total quay length at Trinity Terminal to 2,354 metres meaning it can now berth two ultra postpanamax or three post-panamax containerships simultaneously.

Richard Pearson, managing director of Hutchison Ports (UK), described Trinity III.2 as the “appetiser – the main meal will be Felixstowe South and Bathside Bay at Harwich.”