The UK’s second-largest port group is to invest £100m into the steel and metals sector in a move to enhance capacity and boost the efficiency of logistics.
Peel Ports Group is progressing with £32m to add a further 140,000 sq ft of storage at its Port of Liverpool steel and metals terminals.
Overall across the Ports of Liverpool and London Medway, warehousing will be increased by 50 percent from the current 1 million sq ft to create an additional 500,000 sq ft of capacity.
Further plans include creating a second automated terminal in Liverpool dedicated to steel coils, as well as a new automated terminal for the Port of London Medway in Sheerness.
These will be developed to include rail connectivity by a new inland rail terminal in the Midlands.
This fresh investment by the port group follows a record year for steel imports at the Liverpool facility and will help further grow the volumes of steel it transports across the UK.
