Thursday, February 9, 2017

Investment in Welsh Ports Paying Off in Increased Freight Volumes Says Operator

ABP Sees Growth Bulk and Project Cargoes
Shipping News Feature
UK – Associated British Ports (ABPs) network of five ports in South Wales handled more than 12 million tonnes of freight in 2016 as ABP continued to invest in port warehousing and equipment. The cargo that passed through included a variety for both the traditional and emerging sectors. Notable year-on-year growth was seen in several commodities including the timber, aggregate, project cargo, animal feed and fertiliser, and steel sectors.

The growth in both the animal feed and steel sectors was supported by ABP South Wales investing over £4.5 million into two new warehouses at Newport whilst the handling of project cargo saw significant growth in 2016 as the port of Swansea handled hundreds of wind turbine components for several local wind energy projects.

ABP also continued to invest in new equipment and significant crane investments were made in Newport and Swansea. Over £2.8 million was invested into the refurbishment of five cranes across Newport and Swansea to improve operational efficiency and extend the lifespan of the cranes. In December 2016, ABP Swansea also welcomed a new Mantisen hydraulic crane to the port that will improve the capacity and efficiency of cargo handling. ABP South Wales Director, Matthew Kennerley, said:

“Continued investment in 2016 allowed us to ensure the development of our ports is in keeping with the needs of both new and longstanding port customers and the wider South Wales region. The five ABP South Wales ports represent a unique logistical network that allows businesses to grow while utilising the bespoke services and facilities we can offer.”