pound 300m Liverpool port project close to green light

2012-10-24

Costing £300 million, and promising 5,000 new jobs at the facility and in the supply chain, a new in-river container port, known as Liverpool 2, is due to be built by 2015.

It will add an annual 500,000teu to the port of Liverpool, taking its capacity toward two million teu.

MD Gary Hodgson said the formal consultation period between now and December, when the UK Marine Management Organisation (MMO) issues its decision on whether to grant the licences, was critically important.

He said: "The three licences cover navigation issues in the river during construction, plus our plans for managing the material we dredge and environmental considerations.

"We have taken great care to anticipate potential objections, but we operate in an extremely competitive marketplace and it is not unknown for rivals to raise objections at the eleventh hour, causing applicants extra cost and delay.

"If that happens, we want to ensure we have the backing of our local community and influential business figures and politicians."

To raise the profile of Liverpool 2, the port took the message to the heart of government with an exhibition stand at the recent Conservative Party Conference in Birmingham and a determined campaign to inform MPs and MEPs of all parties about its investment programme.

Hodgson added: "The MMO consultation ends on 5 November and, assuming we get no serious delays, we expect to get the formal go-ahead early in December.

"That means we'll see activity and new employment on site from the start of next year, with a completion date of 2015 very much in our sights."

Source: lloydsloadinglist
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