Investment planned for steel and metals storage and transport
Peel Ports Group is to invest £100m into the steels and metals sector in a move to enhance capacity and boost the efficiency of logistics.
THE UK’s second largest port operator is progressing with £32m to add a further 140,000 sq ft of storage at its Port of Liverpool steel and metals terminals.
Overall across the Ports of Liverpool and London Medway, warehousing will be increased by 50% from the current 1 million sq ft to create an additional 500,000 sq ft of capacity.
Further plans include creating a second automated terminal in Liverpool dedicated to steel coils, as well as a new automated terminal for the Port of London Medway in Sheerness.
These will be developed to include rail connectivity by a new inland rail terminal in the Midlands.
The business is already working with customers to bring steel cargoes closer to major centres of demand across its seven statutory harbour authority ports and 24 terminals.
The port group has added a new team of specialist Stevedores at the Port of Liverpool and is actively recruiting for extra positions and training internal staff to enhance handling capability to meet the rise in demand.
The port operator also recently joined the Aluminium Federation (ALFED).
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