London Gateway feels the pressure as throughput soars
The departure of Maersk from Felixstowe, combined with the choice of London Gateway as the ...
EXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMS
EXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMS
Slightly incredibly, given the apparent state of the vessel, two massive cranes arrived safe and sound from China, via the Cape of Good Hope, to arrive at London Gateway.
They are destined for the third berth, which opens later this year, and will be followed by to further cranes, due to arrive in London next week.
At their highest point, the quay cranes stand at 138 metres (459ft), the same height as the London Eye. They weigh 2,000 tons and will be unloaded from the vessel onto DP World London Gateway’s quay wall using pulleys and winches at high tide. The process of moving these mega-structures safely onto the quay takes 45 minutes.
Once the third berth is open, the port will have 1,250 metres of quay wall.
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