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Displaying items by tag: £28m warehouse investment

The UK's second largest ports operator, Peel Ports Group is investing £28 million in a new facility at the Port of Liverpool, its biggest single investment in warehousing this year.

Construction of the 240,000 square foot warehouse at the port operator’s Alexandra Dock is to begin in the coming days.

The new facility, referred to as Alexandra Dock Multi-User Warehouse (MUW), will be the length of up to five football pitches (400 metres) and used for the handling and storage of cargo at the port.

It will be able to store a variety of commodities, both unitised and non-unitised requiring indoor storage.

The facility will also have 300 metres of dedicated quayside and state-of-the-art cranes to optimise vessel discharge as part of the new development.

David Huck, Chief Operating Officer at Peel Ports Group, said: “We’re very pleased to be announcing the construction for this major purpose-built space at the Port of Liverpool.

“We’ve seen a significant increase in demand for warehousing, and this huge new facility provides an opportunity for new customers looking for capacity to grow their business, as well as allowing existing customers the chance to expand their operational capacity at the port.

“This also represents a very important milestone for Peel Ports Group, enhancing both our warehousing and distribution offerings while enabling more sustainable port-centric solutions.

“We’ve long argued the benefits of the Port of Liverpool’s central location, and this new facility will also provide real cost, carbon and congestion supply chain benefits to the market.”

The new state-of-the-art, dynamic storage facility has been maximised for storage volumes, discharge performance and fast HGV turnaround times.

The project is expected to be completed in April 2024 and the work will be carried out by leading construction company Glencar.

Commenting on the project, Peter Goodman, Managing Director – Midlands & North, said: “Working with some of the UK’s leading asset managers, developers and occupiers, Glencar has developed a market leading reputation in the delivery of industrial and logistics facilities.

“We understand the commercial imperative to produce sustainable and high-quality structures, often at speed, creating lasting value for asset owners and are delighted to be working for leading UK Port Operator Peel Ports to construct this multi-user warehouse development.

“Ports serve as a critical part of the UK Supply Chain and multi-users facilities of this type contribute towards the continuation of the import and export of vital goods. We look forward to working with the full project team progressing the project to a successful end product.”

Published in Ports & Shipping

Marine Leisure & Aquatic Tourism

Domestic coastal tourism expenditure was approximately €698 million in 2018, while domestic marine tourism generated €381 million.

Activities such as walking/ running along the coast, swimming and beach visitations are among the most popular activities for domestic visitors on both day and overnight trips.

While participation rates in pursuits such as bird and wildlife watching in coastal areas and visiting nature reserves, etc. in coastal areas were lower, these activities did see the highest frequency of both day and overnight trips for those active in these activities. 

According to the National University of Galway (NUIG) research the average expenditure per coastal day trip in 2018 was calculated at €95. The equivalent for coastal overnight trips was €310. The estimated water-based activity expenditure per person per trip across the sample was €56 rising to €73 for the subsample that actually undertake waterbased activities on their coastal visits. The results also indicate that domestic tourists undertake the majority of their marine activities on the West and South coasts of Ireland and that there are notable differences in participation rates across age groupings, social classes and by family makeup.

A domestic tourist is defined in this report as a person who spends at least one night away from home on their trip. Total expenditure by domestic tourists in coastal areas was estimated to be €698 million in 2018, which represents 35% of the total expenditure by domestic tourists (using the broader Fáilte Ireland measure for domestic tourists that includes business trips equating to 10.92 million in total trips and €2,006 million in total revenue).

The marine-related activity expenditure, or what might truly be referred to as domestic marine tourism, is estimated to generate revenue of €381 million with €172 million being spent on water-based activities. Marine tourism makes up an estimated 19% of total domestic tourism expenditure.

Marine Leisure Tourism - FAQ

Coastal tourism refers to land-based and water-based tourism activities taking place on the coast for which the proximity to the sea is a condition including also their respective services. Coastal and Marine Tourism & Leisure are seen as one of the Blue Economy (BE) sectors that can help unlock the potential of multi-use of space at sea by engaging with Blue Growth (BG) sectors such as Aquaculture and Marine Renewable Energy among others.

Sports: sailing, surfing, diving and fishing Heritage: Unesco coastal villages, archaeological sites of interest, biospheres and historical points of interest Arts: coastal museums, art galleries, museums, wrecks Education: Eco-tourism, field courses, NGOs. Food: Seafood restaurants, Seafood festivals

NUI Galway carried out a survey of domestic residents in Ireland in 2019 as part of a survey entitled "Valuing and understanding the dynamics of Ireland's Ocean Economy". The purpose of the household survey was to profile the domestic market for single-day trips (leisure) and overnight trips (tourism) for coastal and marine-related activities in Ireland. The results of the survey are also used to estimate what proportion of an Irish resident's total domestic tourism expenditure is in coastal areas (coastal tourism) and what proportion is spent on undertaking marine-related activities (marine tourism).

The NUI results highlight the important contribution that Ireland's marine and coastal resources make to the leisure experiences of the general population and the importance of the domestic tourism market to local coastal economies. The analysis indicates that domestic coastal tourism expenditure was approximately €698 million in 2018, while domestic marine tourism generated €381 million. Activities such as walking/ running along the coast, swimming and beach visitations are among the most popular activities for domestic visitors on both day and overnight trips. While participation rates in pursuits such as bird and wildlife watching in coastal areas and visiting nature reserves, etc. in coastal areas were lower, these activities did see the highest frequency of both day and overnight trips for those active in these activities. Satisfaction with the available marine-related leisure facilities was also found to be very high across all activities.

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