More direct calls avoiding the UK could reduce the nation to a feeder market
High levels of congestion at major container gateways have led to declining direct port calls ...
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
Forth Ports confirms that it has entered into an agreement to purchase 152 acres of land, including a further deep water jetty, close to the East of the Port of Tilbury in Essex. The acquisition price is not being disclosed, however it is expected that at least £100m will be invested in infrastructure and facilities on the land.
The land purchased is part of the former Tilbury Power Station owned by RWE which closed in 2013 and is currently being decommissioned. The port has taken ownership of part of the 152 acre site, with the remainder to be handed over following the completion of the demolition process.
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