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

People & Company News

Ultra-deepwater Drillship 'Maersk Valiant' Delivered

Maersk Drilling advises that its second new drillship, 'Maersk Valiant', has been delivered from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea.

Miami Tugboat Oil Spill: Coast Guard Respond

The US Coast Guard says that its crewmembers are responding to a fuel spill in the vicinity of Government Cut in Miami, following a leak discovered aboard the 95-foot tugboat 'Neptune'.

Latest Shipbuilding Contracts Include VLCC Order for Philippine Yard

In the latest Clarkson Hellas S&P Weekly Bulletin newbuilding orders are reported in Far East shipyards for a range of vessels as follows: Bulk carriers Clarkson

Ports

Miami Tugboat Oil Spill: Coast Guard Respond

The US Coast Guard says that its crewmembers are responding to a fuel spill in the vicinity of Government Cut in Miami, following a leak discovered aboard the 95-foot tugboat 'Neptune'.

China Homeport for Latest Giant RCI Cruise Ship

Royal Caribbean International says that its latest cruise ship, 'Quantum of the Seas', will make its home port in Shanghai (Baoshan), China The ship will reposition to China in May 2015,

California Port Seeks Public Feedback on Expansion Plans

The Port of San Diego apprises it is to host separate open house events for the public to provide feedback on its long-range vision and 'Integrated Port Master Plan Update' process.

 
 
Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Winch
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: 0.1267 sec (8 req/sec)