Port of Bristol (UK) has received approval to build a new deep sea container terminal worth £500 million, to handle the very large ships, the Bristol Port Company statement said.
The new terminal will be able to handle 16-meter-draught ULCS carrying 14.000 TEUs. The projected port's capacity will be some 1.5 million TEUs a year. As the UK expects to reach some 20m TEUs by 2030 Bristol Port’s new terminal will add the volumes.
“This project is based on the clear economic advantages of our location. Bristol is closer to container import distribution centers and the population than the other deep water ports – this means we can provide substantial cost and emissions savings by reducing the inland part of the journey,” Simon Bird, Chief Executive of the Bristol Port Company was quoted as saying.
The construction may take some 3-4 years.
The new terminal will be able to handle 16-meter-draught ULCS carrying 14.000 TEUs. The projected port's capacity will be some 1.5 million TEUs a year. As the UK expects to reach some 20m TEUs by 2030 Bristol Port’s new terminal will add the volumes.
“This project is based on the clear economic advantages of our location. Bristol is closer to container import distribution centers and the population than the other deep water ports – this means we can provide substantial cost and emissions savings by reducing the inland part of the journey,” Simon Bird, Chief Executive of the Bristol Port Company was quoted as saying.
The construction may take some 3-4 years.