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International Shipping
London Gateway H1 volume up 10pc to million TEU mark
Date:2022-08-02 Readers:
UK's London Gateway saw a record performance, handling one million TEU in the first half of 2022, reports London's Loadstar.

It marks the first time the DP World terminal has passed the million TEU mark, with a 10 per cent increase in volumes.

"This record performance illustrates our capacity to expand customer choice by introducing new sailings while continually improving our capability to deliver first-class services," said DP World's UK chief Ernst Schulze.

"We expect our UK business to continue to grow, fuelled by our rapidly expanding port-centric logistics park, one of the biggest facilities of its kind in Europe," he said.

DP World group climbed just 2.7 per cent year on year, compared with the marked spike experienced in its London operation.

Mr Schulze pointed to a "new international service" as one growth driver.

Said another source: "I think Gateway was able to benefit from carriers skipping other, more congested ports where numbers were down, but it's also significant Gateway is now bigger in terms of throughput than its sister port at Southampton."

Said Mr Schulze: "It gives customers more control over their supply chains and increasing security of supply for critical goods coming into the UK; no other logistics business can offer this level of flexibility and certainty."

https://www.shippingazette.com/menu.asp?encode=eng

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