London Gateway Will Add Value to Supply Chain

MarineLink.com
Friday, June 21, 2013

DP World’s London Gateway, the U.K.’s new deep-sea port and Europe’s largest logistics park opening in Q4 this year, will prove that ports add value to the supply chain, delegates to the 11th annual 3PL Summit and Chief Supply Chain Officer Forum in Chicago were told yesterday.

Peter Ward, London Gateway supply chain commercial manager, said, “London Gateway is overturning the traditional view that ports add cost, not value. We are reversing the trend – shortening supply chain time, distance and cost because our port is closer to the main manufacturing and consumer markets.”

London Gateway, 25 miles from central London on the River Thames, is due to open later this year and the team is currently making a series of presentations in the United States to showcase the benefits of both the port and the adjacent logistics park.

Mr. Ward said, “The development of this logistics spark – Europe's largest – is a game-changing opportunity for shippers to redesign logistics networks to support doing business in today’s dynamic markets. There is an insatiable appetite to reduce transport costs and inventory whilst maintaining or even improving product availability and speed to market, and we are in the best position to make that happen.”

He added London Gateway provided a great opportunity for U.S. exporters, importers and forwarders trading with the U.K. to protect and grow market share in the face of stiffening competition from emerging markets.

Last week leading retailer Marks & Spencer announced plans to build a major distribution center at London Gateway’s logistics park. Alan Stewart, CFO, Marks & Spencer, said, “We will reduce the lead times between goods landing in the U.K. and getting into our stores, in front of our customers, from about three weeks to three days.”

The Chicago forum, organized by EyeforTransport, attracted 575 delegates and is one of the largest annual gatherings of shippers, forwarders and 3PLs in the U.S.

The London Gateway team also hosted an Insight breakfast for local companies as well as for people attending the summit to give them a greater understanding of the benefits the port and logistics park can deliver.

A spokesman for one of the leading global forwarders remarked that “London Gateway is bucking the trend. As ports around the world move further away from manufacturing and consumer markets in search of deeper water for bigger ships, London Gateway is mitigating longer supply chains by locating the port and logistics park closer to the U.K.’s main markets.”

 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

U.S. Drillers Cut Rigs to Lowest since August

Energy companies have reduced the number of rigs drilling for oil in the United States to the lowest since August, shifting more rigs in favor of natural gas as crude prices dive,

Equinox Class Scrubber Systems Receive Certification

Algoma Central Corporation (“Algoma”), the largest Canadian shipowner and operator of domestic Great Lakes vessels announces that it has received all requisite

MARAD Tests Alternative Power for Ships

The Maritime Administration (MARAD) is testing state-of-the-art, environmentally efficient technology onboard the Training Ship (TS) Kennedy.   The National Defense

Ports

Southern California Port Congestion

Hapag-Lloyd informs about the congestion at the ports of Los Angeles and Long Beach that has reached a critical point. I. Several container ships are anchoring

GAC Starts Hull Cleaning Op'ns in Oman

GAC EnvironHull hull cleaning operations using the brush-and-diver-free HullWiper system starting at the port of Sohar, just outside the Gulf of Hormuz. This

Bulker Arrives to US on Her Maiden Voyage

The Port of Vancouver USA welcomed the Kypros Unity, commanded by Capt. Wilfredo F. Itable of Cyprus, on her maiden voyage Oct. 28. Capt. Itable and his 20-member

Logistics

U.S. Drillers Cut Rigs to Lowest since August

Energy companies have reduced the number of rigs drilling for oil in the United States to the lowest since August, shifting more rigs in favor of natural gas as crude prices dive,

Italy Ending Med Sea Rescues

Rights groups warn of risk of more deaths; EU mission Triton will have more limited scope. Italy said on Friday it would close a sea rescue mission that has saved the lives of more than 100,

St. Lawrence Seaway Workers Extend Strike Deadline

The union that represents workers on the St. Lawrence Seaway, the waterway that links the Great Lakes and the Atlantic Ocean, has extended a strike deadline to Monday at 5 p.

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1392 sec (7 req/sec)