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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

The Kingstown to Queenstown Yacht Race or 'K2Q', previously the Fastnet 450

The Organising Authority ("OA") are ISORA & SCORA in association with The National Yacht Club & The Royal Cork Yacht Club.

The Kingstown to Queenstown Race (K2Q Race) is a 260-mile offshore race that will start in Dun Laoghaire (formerly Kingstown), around the famous Fastnet Rock and finish in Cork Harbour at Cobh (formerly Queenstown).

The  K2Q race follows from the successful inaugural 'Fastnet 450 Race' that ran in 2020 when Ireland was in the middle of the COVID Pandemic. It was run by the National Yacht Club, and the Royal cork Yacht Club were both celebrating significant anniversaries. The clubs combined forces to mark the 150th anniversary of the National Yacht Club and the 300th (Tricentenary) of the Royal Cork Yacht Club.

Of course, this race has some deeper roots. In 1860 the first-ever ocean yacht race on Irish Waters was held from Kingstown (now Dun Laoghaire) to Queenstown (now Cobh).

It is reported that the winner of the race was paid a prize of £15 at the time, and all competing boats got a bursary of 10/6 each. The first race winner was a Schooner Kingfisher owned by Cooper Penrose Esq. The race was held on July 14th 1860, and had sixteen boats racing.

In 2022, the winning boat will be awarded the first prize of a cheque for €15 mounted and framed and a Trophy provided by the Royal Cork Yacht Club, the oldest yacht club in the world.

The 2022 race will differ from the original course because it will be via the Fastnet Rock, so it is a c. 260m race, a race distance approved by the Royal Cornwall Yacht Club as an AZAB qualifier. 

A link to an Afloat article written by WM Nixon for some history on this original race is here.

The aim is to develop the race similarly to the Dun Laoghaire–Dingle Race that runs in alternate years. 

Fastnet 450 in 2020

The South Coast of Ireland Racing Association, in association with the National Yacht Club on Dublin Bay and the Royal Cork Yacht Club in Cork, staged the first edition of this race from Dun Laoghaire to Cork Harbour via the Fastnet Rock on August 22nd 2020.

The IRC race started in Dun Laoghaire on Saturday, August 22nd 2020. It passed the Muglin, Tuscar, Conningbeg and Fastnet Lighthouses to Starboard before returning to Cork Harbour and passing the Cork Buoy to Port, finishing when Roches's Point bears due East. The course was specifically designed to be of sufficient length to qualify skippers and crew for the RORC Fastnet Race 2021.

At A Glance – K2Q (Kingstown to Queenstown) Race 2024

The third edition of this 260-nautical mile race starts from the National Yacht Club on Dublin Bay on July 12th 2024 finishes in Cork Harbour.

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