Steering us towards a global future

On the surface of things, it’s hard to think of anything that sounds less exciting than a ‘container terminal’. But the £400m Liverpool2 development would be better described as a new national gateway to a better connected world of trade.

Liverpool2 opens today. Towering red cranes loom large on the horizon, heralding the beginning of a new phase for the Port of Liverpool and our city’s global trade links.

“Liverpool is in the right location and offers real competitive advantage…”

So what will Liverpool2 bring to the city? The answer capacity. Capacity to welcome the biggest cargo vessels in existence, carrying 1 million containers a year. And what this brings is jobs, 5,000 direct and indirect jobs.

Mark Whitworth, chief executive of Peel Ports, spoke to It’s Liverpool: “Today marks the beginning of a new era for the Port of Liverpool. Our investment will help global shippers to transport cargo more efficiently to their end destination with lower costs, congestion and carbon emissions.

“Liverpool is in the right location, providing state-of-the art facilities and technology, and offers a real competitive advantage with a shorter supply chain and providing an all-water route right to the heart of the UK via the Manchester Ship Canal.”

“We are already exploring and succeeding in creating new opportunities for UK exporters, having recently signed a significant Memorandum of Understanding (MOU) to create a strategic alliance aimed at facilitating international trade and generating new business by promoting trade routes between Liverpool and the west coast of South America via the Panama Canal.”

Liverpool currently has about 8 per cent of the container market in the UK. This figure would be expected to rise to between 15 and 20 per cent.

Gary Hodgson, chief operating officer of Peel Ports added: “Being able to compete on the scale offered by Liverpool2 is only one aspect of how we’re transforming the port. As well as investing in the infrastructure and technology, we’re providing a more integrated service to our customers, whether that’s at the quayside, through port-centric logistics facilities or our wider network of ports.”

Liverpool’s fortunes were made on global trade. Liverpool2 is working to secure a new trade legacy for our city and steer us towards a more prosperous, connected future, strengthening our city’s links to the rest of the world.

For more on Liverpool2 click here. 

Tags: Liverpool2, Peel Group, Peel Ports

Published: 04/11/2016