DP World has seen a 5 per cent rise in volumes at its two UK hubs in 2022.
London Gateway reported a 14 per cent rise in volumes to 2,053,000 TEU, consolidating its position as the second-largest container terminal in Britain.
“Within a decade, London Gateway is likely to be handling up to 30 per cent of the country’s containerised trade,” said Ernst Schulze, CEO of DP World UK.
“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.”
The two terminals together, London Gateway and Southampton, handled a record 3,850,000 TEU compared to 3,675,000 TEU in 2021.
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In November 2022, DP World launched a new intermodal train service connecting London Gateway and Southampton, as part of its efforts to extend its capabilities across the UK supply chain.
DP World has invested £2 billion ($2.4 billion) in the UK over the last decade, and over the next ten years, the company plans to designate a further £1 billion ($1.2 billion), with a £350 million ($421.3 million) new fourth berth at London Gateway now under construction.
Most recently, DP World agreed to lease a 7,500 square metre site next to its Southampton container terminal to develop facilities for lorry drivers.
The project is worth £15 million ($18 million). DP World is developing the facility to build on the £40 million ($48 million) already invested at the Port of Southampton.
