Port of Newport Launches $6 Million Warehouse
Work has begun on a US $6.3 million (£4.5 million) investment project to provide additional warehousing at ABP’s Port of Newport to accommodate increased growth in agriculture-related cargo volumes.
ABP is the UK’s leading ports operator with 21 ports and other transport-related businesses.
The new warehouse, known as 21 Shed, will provide an additional 70,000 square feet of covered bulk storage facilities for port customers.
It has been launched to support the growth of the agriculture sector at Newport over the past several years.
In 2017, the port saw year-on-year growth of 14% in bulk fertiliser imports and a 54% increase in animal feed imports.
This comes following several years of investment by ABP in the agriculture sector at Newport.
In 2015, they invested $4.5 million (£3.3 million) in new cranes.
In 2016 they invested $3.1 million (£2.3 million) in the construction of a 3,500 square foot warehouse for the sector, along with new weighbridge facilities.
They have also been working to improve operational efficiency in how this cargo is handled.
The new warehouse will be built at North Side, South Dock, Newport
21 Shed will help to facilitate continued development in the sector and will boost the positive contribution of ABP’s ports to the Welsh economy.
In 2017, the Port of Newport handled 2.2 million tonnes of cargo while supporting 3,000 local jobs and contributing $256 million (£186 million) to the Welsh economy.
ABP as a whole contributes $7.7 billion (£5.6 billion) to the UK economy annually, and handles around 90 million tonnes of cargo each year.
Of this, ABP South Wales’ five ports: Newport, Cardiff, Barry, Port Talbot and Swansea, handle over 12 million tonnes of cargo every year.
Ralph Windeatt, Port Manager, Port of Newport, said: “Agribulk cargo volumes have been increasing steadily at Newport for several years.
“In order to support this, we have been proactive in our approach to investments for port customers to ensure that their businesses, and the local farmers, feed mills, and other industries they support, can continue to benefit from ABP’s services for many years to come.”