Friday, October 12, 2012

One Million Tonnes of Freight Ships from Teesport

Just Five Months to Hit the Magic Number
Shipping News Feature

UK – THAILAND – Steel sheet producers SSI UK has recently achieved a major milestone having exported over one million tonnes of freight through PD Ports owned Teesport. A 64,000 tonne shipment earlier this week bound for Thailand on the Yasa Eagle took the total of steel slab exported via the port over the magic number.

The latest shipment represents a significant uplift in the handling of slab through Teesport since the plant was mothballed in 2010, and one which has been achieved through the major investment of SSI, a subsidiary of Thailand-based Sahaviriya Steel Industries. David Robinson, PD Ports’ CEO, commented:

"This is a significant milestone reached and one which we are delighted to see achieved. Exporting such a large amount of slab in just five months since production restarted would not have been possible without the strong partnership between PD Ports and SSI UK, and together we aim to deliver an outstanding and first class performance. However it remains critically important that all supply chain members and stakeholders, including Government, work together to create a long term and stable platform for SSI UK.”

Phil Dryden, Chief Executive of SSI UK, added that this year has been a challenging year for all of the stakeholders associated with the restart of iron and steel making on Teesside, and that the company is grateful for the support it has received. He continued:

“I am very pleased that the plant operational performance has met our expectations and that the export route through Teesport has been such a tremendous success. This reflects the very effective working relationship and close cooperation which exists between PD Ports and SSI UK.”

The rebirth of steel making on Teesside was celebrated back in April when the region saw the first slabs produced by SSI UK and then a month later exported from Teesport to Thailand. This investment signalled a tremendous boost to the industrial and manufacturing capability of the region, and highlighted Teesside’s potential to be seen as a place to invest, develop and produce for global markets at a time when competition between UK ports for tonnage remains fierce.