The government has given the go-ahead for a new post-Panamax container terminal at the Port of Liverpool. The £90m development will almost double container capacity and support the port’s ambition to be a strategic gateway for trade with Asia and China.
Frank Robotham, marketing director for Peel Ports: “The Port’s growing volume of Far East transhipment cargo clearly demonstrates the demand for a direct service between Asia and Liverpool. By developing a terminal able to accommodate the post-Panamax vessels which serve the Far East, Liverpool is setting the scene for its increasingly significant role in Asian trade with the UK.”
Peel Ports estimates that 400,000 teus of East Asian trade and 120,000 teus of Indian sub-continent trade is consumed within 75 miles of Liverpool.