Friday, July 17, 2015

New Port Terminal Deal Immediately Sees First Major Export Consignment Shipped

Strategic Alliance Looks to Future Success
Shipping News Feature

UK – With Britain being a net importer of goods these days any news about export success is good news and now, following the signing of a strategic partnership agreement in January between the Port of Tilbury and Frontier Agriculture, the pair have reported instant success following the start of the contract on 1 July. Frontier, jointly owned by Associated British Foods and Cargill plc, is the UK’s largest crop inputs and grain marketing business and the first load of 6,000 tonnes of feed wheat destined for Rotterdam, shipped this week aboard the MV Aasfjord as Marc Rogerson, wheat trader at Frontier explains:

“On the same day that we officially took control of the grain terminal at Tilbury, we sold our first boat, very much demonstrating our commitment to growers in the South East. Working with Tilbury means that we are able to offer a range of new markets and strengthen our position in terms of global exports. We have the insight to look where in the world the value is, and can base our trading on that knowledge, generating the best possible returns for growers. We have trade links to consumers in every importing continent, opening up new options for South East farmers.”

This year the UK overall has underperformed in terms of agricultural exports, leaving a surplus of grain that needs to be moved, whilst worldwide, there is significant demand for milling wheat, the commodity for which the South East of England is best known. A proportion of the Aasfjord’s cargo came from farmer owned cooperative Camgrain and Frontier’s head of grain pool marketing, Simon Ingle, with whom the growers work closely, believes that the new strategic partnership with the Tilbury facility provides perfect access to export markets, enabling his company’s marketing team to offer opportunities for future movements not previously available.

The arrangement seems likely to suit the farming community and Ben Steed, a farm trader working with growers in the South East, wants to make sure that local farmers understand the full scope offered by the partnership with Tilbury, saying he expects to see exports of all grades and quality of wheat and barley from the Port in the future, as well as beans and pulses for the human consumption market in North Africa, and beyond. Commenting on the partnership Peter Ward, Senior Asset Manager from The Port of Tilbury said:

“We are delighted that Frontier is now fully on board as our long term strategic partner at Tilbury’s grain terminal. The terminal is one of the UK’s largest for both export and UK markets. We are excited about this partnership with Frontier and the opportunities that this will bring to growers in the region, consumer customers and to the grain terminal itself.”

Photo: Loading the initial cargo of grain aboard the Aasfjord.