DP World to invest £40m in Southampton container terminal
DP World has announced that it will be investing £40 million in its Southampton container terminal as part of a major programme of investment in 2021.
DP World Southampton is part of DP World, and one of its two UK deep water ports with freight rail terminals which were awarded Freeport status by the Government last month.
The new infrastructure investment, totalling £40m is designed to provide customers with speed, security, reliability and flexibility and will include several changes including the widening of berths to support large ships, redevelopment of the storage yards, and more developments.
Ernst Schulze, Chief Executive of DP World in the UK said: “DP World Southampton is the most productive port in Britain, turns container trucks around faster than any of its competitors and at 30 per cent also has the highest proportion of its containers moved by rail.”