DUBAI's DP World has announced that its terminal at London Gateway has handled its 10 millionth container, just nine years after it opened for business.
London Gateway moved 1.8 million TEU, an increase of almost 650 per cent compared with its first full year of operation in 2014. A new GBP350 million (US$376 million) fourth berth will further increase capacity by a third when it opens in 2024.
"After the disruption of recent years, shipping lines and cargo owners are looking for capacity, reliability and growth opportunities," said DP World's UK chief Ernst Schulze.
"Within a decade, London Gateway is likely to be handling up to 30 per cent of the country's containerised trade. Its port-centric logistics park will be one of the largest in Europe, employing 12,000 people and underpinned by investment in a second rail terminal and a new fourth berth," he said.
DP World operates two deep water ports at London Gateway and Southampton with access to freight rail terminals.
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