Work will shortly begin on the £15m first phase expansion of Teesport’s container terminal from its current 235,000 teu capacity to 450,000 teu. Subsequent phases, which will be subject to market demand, could potentially require an investment of up to £29m. 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 scheduled to commence in November 2010 and last approximately 10 months, will focus on the reconfiguring of the existing container terminal layout, including all associated civil works and installation of new RTG cranes. This will be supported by the implementation of a terminal management system.
Once fully complete, it is estimated some 50 new jobs will be created within the terminal together with a further 200 new jobs to support the overall supply chain. This will complement the 1,300 jobs that have been directly created over the past five years as a result of portcentric logistics operations in and around the port.