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Displaying items by tag: Expansion: UK east coast

One of the UK’s largest port operators, Peel Port Group has announces that it has completed the acquisition of HES Humber Bulk Terminal for an undisclosed sum.

The ports group has acquired the business from specialist bulk terminals operator, HES International (headquartered in Rotterdam), to expand its presence to the UK’s East Coast.

The acquisition means Peel Ports now operates across eight key locations in the UK and Ireland, with the ports of Liverpool, Heysham, Manchester Ship Canal, London Medway, Clydeport, Great Yarmouth and a container terminal in Dublin Port already within its portfolio.

The new bulk terminal, situated on the South Bank of the Humber Estuary, will be operated by Peel Ports Logistics, a division of Peel Ports Group that specialises in ‘One-Stop-Shop’ logistics solutions.

The acquisition marks Peel Ports Logistics’ third UK presence and its first on the East Coast. Its other operations are located in the North West, at Runcorn and Ellesmere Port respectively. The division is led by Managing Director, Sebastian Gardiner.

The terminal has an open storage capacity of 6,200 m2 and a covered storage facility of 275,000 m3. With an automated conveyor-fed import and export system, the terminal delivers safe and efficient handling and storage of a variety of dry bulk products.

Bulk customers in key industries including agriculture, construction and energy, will be able to benefit from the expertise, experience and streamlined operations with the expansion of Peel Ports Logistics’ ‘One-Stop-Shop’ solutions to the region.

The HES Humber Bulk Terminal currently employs 29 people, all of whom will be retained as part of the acquisition.

Claudio Veritiero, CEO of Peel Ports Group, said: “The acquisition of HES Humber Bulk Terminal is an important investment for Peel Ports Group, expanding our presence into the East of England and bringing Peel Ports Logistics’ ‘One-Stop-Shop’ service to the East Coast.“The modern facilities at HES Humber Bulk Terminal guarantee fast and efficient loading and unloading of vessels and trucks, while the excellent water and road connections enable quick and smooth operations. This, combined with trans-shipment and extensive storage capabilities, will make the site a key addition to Peel Ports Logistics, helping us to deliver efficient and cost-effective port services for our customers.”

Cees van Gent, CEO of HES International, said: “We would sincerely like to thank all HES Humber Bulk Terminal employees for their ongoing commitment and valuable contribution to the company. Peel Ports has a long and outstanding history in the safe handling of cargo from across the globe and plays an integral role in customer supply chains.

“They are a reputable market player in the UK and we are confident that they will support HES Humber Bulk Terminal to build on its successful history. Proceeds from the sale will be reinvested in energy transition related projects that are pivotal for the long-term, sustainable growth and transformation of HES.”

Published in Ports & Shipping

As an island economy, a healthy maritime sector is key to our national competitiveness. Virtually all our imports and exports pass through Irish ports.

Ireland is dependent on ports and shipping services to transport goods and 90% of our trade is moved though Irish ports. Shipping and maritime transport services make a significant contribution to Ireland’s ocean economy, with the sector generating €2.3 billion in turnover and employing over 5,000 people in 2018.

Ireland’s maritime industry continues to grow and progress each year with Irish ports and shipping companies making significant investments. The ports sector in Ireland is currently undergoing a number of expansions and developments with Dublin Port’s Alexandra Basin development, the development of Ringaskiddy in Cork by Port of Cork and the development of Shannon Foynes Port. Along with these major investments, shipping companies are also investing heavily in new tonnage, with Irish Ferries, CLdN and Stena leading new build programmes.

These pages cover the following sectoral areas: shipowners, harbour authorities, shipbrokers, freight forwarders and contractors, cruise liner operators, port users, seamen, merchants, academic institutions, shipyards and repair facilities, naval architects, navy and defence personnel.

Our pages are covering some of the most notable arrivals around our coast and reporting too on port development and shipping news.

This section of the site deals with Port and Shipping News on our largest ports Dublin Port, Port of Cork, the Shannon Estuary, Galway Harbour and Belfast Lough.

A recent study carried out for the Irish Ports Association (IPA) totalled 75.7 billion during 2004 and their net economic impact was some 5.5 billion supporting around 57, 500 full time employees.

Liam Lacey, Director of the Marine Institute’s Irish Maritime Development Office (IMDO) said, “The Irish maritime industry can look to the future with confidence. It has shown itself to be resilient and agile in responding to challenges. Over the past decade, it has had to respond to the challenges of the financial crisis of 2008, the uncertainty surrounding Brexit and recent challenges. Ireland’s maritime sector has continued to underpin our economy by maintaining vital shipping links for both trade and tourism.”