Partner Article

Investment beings 250 new jobs to Teesside

PD PORTS is to channel up to £29m of investment in the first phase of plans to expand Teesport as it creates 250 new jobs.

This plan is the first phase of the expansion of Teesport’s container terminal capacity to 450,000 TEU (Twenty Foot Equivalent Unit), from its current capacity of 235,000 TEU – an investment of over £15m.

Subsequent phases will be investigated subject to volume growth and market stability with the total project estimated to cost around £29m.

Frans Calje, PD Ports’ MD Unitised, said: “In the first six months of 2010 we have achieved significant success at our Teesport container terminals, handling 129,000 TEU - an incredible growth of over 62 percent in volume compared to the first six months of 2009. PD Ports has, yet again, out-performed the market place in what is still a turbulent time for businesses globally.”

The first phase, which is expected to start in November and last approximately 10 months, will focus on the reconfiguring of the existing container terminal layout, including all associated civil works and installation of new rubber tyre gantry cranes.

Once fully complete, around 50 new jobs will be created within the terminal together with a further 200 new jobs to support the overall supply chain.

This was posted in Bdaily's Members' News section by Ruth Mitchell .