DP World London Gateway hits 10 million containers milestone
DP World London Gateway has handled its 10 millionth container, nine years after the logistics hub in the capital of the United Kingdom opened for business.London Gateway last year transported 1.8 million TEU, an increase of almost 650% compared with its first full year of operation in 2014.
DP World said that a new fourth berth will further increase capacity by a third when it opens in 2024. Ernst Schulze, UK chief executive of DP World, commented, “After the disruption of recent years, shipping lines and cargo owners are looking for capacity, reliability and growth opportunities. We are providing it, enabling customers to move goods smoothly and efficiently in and out of the UK and across their supply chains.” Schulze went on to add, “Within a decade, London Gateway is likely to be handling up to 30% of the country’s containerised trade. Its port-centric logistics park will be one of the largest in Europe, employing 12,000 people and underpinned by investment in a second rail terminal and a new fourth berth.”
DP World announced in July that London Gateway handled more than 1 million TEU in the first half of the year, which represents a record for the port. This performance contributed to a record volume of cargo in the first half of the year for DP World’s ports in the UK, with a combined total of 1,937,000 TEU when factoring in throughput at Southampton.