UK biggest port operator Peel Ports has officially opened its new US$400m deep water terminal at the Port of Liverpool.
The Liverpool2 facility, which has a handling capacity of 1m teu per year, will be able to handle the biggest cargo vessels currently operational.
The new terminal joins Peel Ports’ existing 1m teu Royal Seaforth Container Terminal at the port.
According to a company statement, the new facility “was developed in response to changing trading patterns and shipping industry trends towards the use of ‘mega’ ocean-going container ships”.
The terminal currently features a total of five ‘megamax’ ship-to-shore (STS) cranes and 12 cantilever rail-mounted gantry cranes (CRMGs) manufactured by ZPMC.
Upon its completion, the new facility will have an additional three STS cranes and 10 CRMGs.
Mark Whitworth, CEO of Peel Ports, said: “Our investment will help global shippers to transport cargo more efficiently to their end destination with lower costs, congestion and carbon emissions.”
He added: “We are already exploring and succeeding in creating new opportunities for UK exporters, having recently signed a significant Memorandum of Understanding (MOU) to create a strategic alliance aimed at facilitating international trade and generating new business by promoting trade routes between Liverpool and the west coast of South America via the Panama Canal.”
Liverpool currently accounts for 8% of the container market in the United Kingdom, with this figure now expected to increase to between 15% and 20%.