DP World has announced that it will invest £40million into DP World Southampton. The investment comes as part of a major programme of investment in 2021 and aims to provide customers with increased speed, security, reliability and flexibility.
One of the most productive ports in Britain, DP World Southampton was awarded freeport status by the UK government in March. This new infrastructure investment is designed to take it to the “next level” as a premier international freight and logistics hub.
Chief Executive of DP World in the UK, Ernst Schulze, said: “Our aim is to partner in our customers’ business success, and we are already seeing a surge of interest from companies which want to take advantage of the customs zone and tax benefits resulting from Southampton and London Gateway becoming freeports.”
In partnership with Associated British Ports (ABP), the first part of the investment was completed before Easter and involved the dredging and widening of the berths in order to ensure the terminal can continue to handle the world’s biggest ships.
Other improvements outlined include:
- Hybrid Straddle Carriers: £10m will be invested into 11 hybrid straddle carriers, which consume up to 40% less fuel than diesel-electric powered machines
- Yard Redevelopment: £3m will be invested into the redevelopment of DP World Southampton’s yard for storage and delivery of customers’ empty containers, which will increase capacity by 25%
- New Border Control Post (BCP): A new BCP will be built, which will include UK Border Force and port health inspection facilities; it will enable multiple government agencies to expedite checks on cargo
- Quay Crane Rail Extension: £1.5m has been set aside for the extension of a quay crane rail by 120m, which will allow the world’s biggest cranes to service all berths at the terminal