Dec. 2, 2015—Ports in the West are speeding up the upgrading of infrastructure and building new terminals to catch volume from China amid the big ship era.
As the industry has suffered a significant downturn, building larger ships to improve efficiency has become a priority for shipping lines and most big ships are used for the vital Asia-Europe route.
Peel Ports, the Liverpool-based second largest port group in the UK, will usher a new deep-water container terminal in its core Liverpool port, called Liverpool 2, next year to accommodate the expanded container fleet. The investment is worth over $510 million to create Europe’s first semi-automated container port on reclaimed land.
“The new port will target 13,000 to 14,000 20-foot equivalent unit (TEU) ships from China and greater Asia,” said Jeremy Masters, Peel Ports’ Asia-Pacific regional director.
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