Dp World London Gateway

 
4Prop Research
Dec 31, 2009 eye icon275

London Gateway is the UKs first 21st Century major deep-sea container port and Europes largest logistics park.Situated on the north bank of the River Thames near Thurrock in Essex, London Gateway will provide unrivalled shipping access for the worlds leading businesses to an integrated road, rail and sea network.The port will be the most fully automated and efficient in the country, adding an additional 3.5million TEU (standard twenty foot equivalent cargo units (containers)) to the nations port capacity. This will help meet recognised demand for extra capacity in the UK. It will become a national hub port for the UK and will accommodate the worlds largest container ships.In addition to a major deep sea facility, London Gateway port will combine with Europes largest logistics park, offering 9.5 million square feet for distribution, manufacturing and high-tech sectors. The logistics park will offer individual units in excess of one million square feet.DP World today signs a £400 million contract to build the first phase of a new port at LondonGateway, the most technically advanced container port in the world, integrated with Europeslargest logistics park.This is the first major contract to be awarded in the £1.5 billion project, due to be built over thenext 10 to 15 years. The contract is over five years, and will see the construction of the firstphase of the ports quay providing three berths and over 1.2 kilometres of quay in a jointventure between Laing ORourke and Dredging International. The new port will eventuallyhandle 3.5milion TEU (twenty foot equivalent units), providing a much needed increase incapacity for the UKs container terminals.