Port of Liverpool, UK, Container Terminal Gets EIB Finance

BBC News Liverpool
Monday, August 06, 2012

River Mersey'a new terminal, 'Liverpool 2', gets European Investment Bank (EIB) port development loan.

Liverpool 2, is due to open in 2015, and the European Investment Bank has agreed to provide almost half the finance for the £305m development, reports BBC News Liverpool.

The post-Panamax terminal - for ships wider than the original Panama Canal - will be capable of handling ships carrying 13,500 TEU containers, compared to the current limit of 3,500 TEU in Liverpool, and will be able to accommodate two large ships at the same time.

Owner Peel Ports, said the terminal, which is part of a 20-year plan to transform the Port of Liverpool, would be more efficient and better for the environment as it would take large amounts of freight off the UK road and rail networks.

Geoff Muirhead, chairman of the Atlantic Gateway, a network of major developments along the Mersey and Manchester Ship Canal, said it was "great news". "This follows hard on the heels of the government's full approval for the construction of the Northern Hub Rail Improvement Project," he said.

"These two schemes mark a very successful start to the campaign designed to lever massive economic benefit and jobs across the whole of the North West."

 

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

People & Company News

Resolve Maritime Academy's New Wet Trainer Facility

Resolve Maritime Academy says it has started on the construction of a new, two-story wet trainer, larger and more expansive than its original, the L/V Gray Manatee.

Bollinger Fourchon: 13 Years Without a Lost Time Accident

Bollinger Shipyards, Inc. announced that their Bollinger Fourchon, L.L.C. facility has worked 13 years without a lost time accident. Building on a philosophy that starts at the top,

Messer's CEO Norville Announces Retirement

Bill Heller to assume the position as Messer Cuttings Systems’ President and CEO Gary Norville started at Messer Cuttings Systems Inc. in September 1980 selling and installing cutting machines.

Ports

DMR Publish Latest Container Census Report

Drewry Maritime Research (DMR) says it has just published it's latest Container Census report, providing a wealth of information on the container equipment market.

2 Post Panamax Cranes for Port Freeport Arrive

Port Freeport announced the arrival of their two Post Panamax Cranes. “The Gantry cranes departed from Shanghai, China on May 7th and arrived at Port Freeport on July 19th,

Thome Awarded for Green Efforts in Long Beach

Thome Ship Management has been awarded a Green Environmental Achievement Award by the Port of Long Beach, California, for high standards in performance during 2013.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.1128 sec (9 req/sec)