#ports - A leading UK ports operator, Associated British Ports (ABP) recently announced an additional investment to boost facilities at its Port of Hull, bringing the group’s total investment to £250 million since the EU referendum in 2016.
This programme of investment demonstrates the group’s commitment to keeping Britain trading with Europe and the rest of the world after Brexit.
ABP is actively working to support businesses anxious about the event of a No-Deal Brexit and the potential severe disruption this may cause at the Port of Dover.
Container and ferry facilities at ABP on the Humber are capable of helping businesses bypass such disruption, providing regular and reliable links to Europe. Over 70 sailings every week connect the Humber to a number of destinations including Belgium, the Netherlands, Denmark and Poland.
Investment highlights include: £50 million to boost capacity at its container terminals at ABP’s ports of Hull and Immingham; £65 million to help ensure the future of the steel industry on the river Humber; £55 million to enhance the automotive and cruise offering in the Port of Southampton. In addition to a range of other investments throughout its network of 21 ports across England, Scotland and Wales.
According to ABP which has an important component role in the UK’s trading infrastructure, the group handles almost £150 billion of UK trade across its port network, contributing around £7.5 billion to the UK economy. In addition to supporting almost 120,000 jobs across its supply chains.
