ABP TO INVEST £700,000 IN NEW TERMINAL FACILITIES
Associated British Ports (ABP), the UK’s largest ports operator, is to invest £700,000 in new and improved facilities at a terminal in its Port of Hull’s Alexandra Dock. The investment follows the signing of a new 10-year agreement with port customer North Sea Lumber (Sales) Ltd (NSL). NSL has been a customer of the UK’s leading timber port for three years and is seeking to expand their current operations at Hull to include the provision of value-added services.
The investment will see the construction of a new 6,300 sq m shed, together with an additional 2,700 sq m of surfacing on the south-western end of Alexandra Dock. The extra storage facilities will accommodate increased volumes of timber from Russia and the Baltic states, imported by NSL, that are expected over the next year. It is anticipated that construction work will be completed by February 2004, with the facility fully operational by March.
“This is a further investment in a port that we already believe gives us the best location for our national operation in the UK,” explained NSL’s Managing Director, Steve Tomlinson. “The expansion plans will give us the ideal storage for our products prior to distribution to our customers. It is part of our ongoing commitment to the Port of Hull and our own development plans.”
Commenting on the development, Doug Morrison, Port Director, ABP Hull & Goole, said:
“Hull is currently the largest softwood timber port in the UK, so customers such as NSL are extremely important to the success of our business. NSL has been a customer of the port for over three years now, and in that time we have established a strong working relationship. The signing of this new agreement, and our significant financial commitment to this development, will help ensure that Hull remains the UK’s number-one timber port.”
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