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 June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Ross is Fleet Manager, Heidmar

Heidmar announced the promotion of Duncan Ross to Fleet Manager. Duncan joined Heidmar’s London office in 2012 as vessel manager.  Prior to joining Heidmar,

Fire Aboard USS Mount Whitney

A fire broke out on board USS Mount Whitney (LCC 20) while the ship was in Viktor Lenac Shipyard (Rijeka, Croatia) July 31, 2015. There were no personnel injuries in the fire,

LR First to Certify Small Caribbean Ships

LR is the first class society to certify small commercial ships operating in the Caribbean After becoming the first classification society to issue Cargo

Ports

Hapag-Lloyd Adds Halmstad to Rotation

As one of the top global carriers Hapag-Lloyd offers a comprehensive service network and will add port of Halmstad, Sweden to the Nordic Short Sea Network. As

BBC Chartering Opens Vietnam Office

BBC Chartering announces the opening of a new representative office in Ho Chi Minh City, Vietnam, starting August 1st breakbulk, and general cargo transportation

Fratelli Neri Orders Damen Tug

One of the largest Italian tug owners, Fratelli Neri S.p.A, ordered its first Damen tug, an ASD 3212, on 21 July 2015.   The vessel will be the first ASD tug

Logistics

Optimized Tug-Barge System Designs by Robert Allan

Optimized Tug-Barge System Designs by Robert Allan Ltd. by David R. Connand Robert G. Allan, P.Eng. Some veteran Mississippi pushboats and barges have been

WKCTC to Host Open House for ILM Institute

West Kentucky Community and Technical College will host an open house and ribbon cutting for the Inland Logistics and Marine Institute August 10 from 4 ­– 6 p.

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | 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: 0.3055 sec (3 req/sec)