Displaying items by tag: Expansion: UK east coast

22nd March 2023

Peel Ports Group Expands into UK's East Coast with Acquisition of HES Humber Bulk Terminal

One of the UK’s largest port operators, Peel Port Group has announces that it has completed the acquisition of HES Humber Bulk Terminal for an undisclosed sum.

The ports group has acquired the business from specialist bulk terminals operator, HES International (headquartered in Rotterdam), to expand its presence to the UK’s East Coast.

The acquisition means Peel Ports now operates across eight key locations in the UK and Ireland, with the ports of Liverpool, Heysham, Manchester Ship Canal, London Medway, Clydeport, Great Yarmouth and a container terminal in Dublin Port already within its portfolio.

The new bulk terminal, situated on the South Bank of the Humber Estuary, will be operated by Peel Ports Logistics, a division of Peel Ports Group that specialises in ‘One-Stop-Shop’ logistics solutions.

The acquisition marks Peel Ports Logistics’ third UK presence and its first on the East Coast. Its other operations are located in the North West, at Runcorn and Ellesmere Port respectively. The division is led by Managing Director, Sebastian Gardiner.

The terminal has an open storage capacity of 6,200 m2 and a covered storage facility of 275,000 m3. With an automated conveyor-fed import and export system, the terminal delivers safe and efficient handling and storage of a variety of dry bulk products.

Bulk customers in key industries including agriculture, construction and energy, will be able to benefit from the expertise, experience and streamlined operations with the expansion of Peel Ports Logistics’ ‘One-Stop-Shop’ solutions to the region.

The HES Humber Bulk Terminal currently employs 29 people, all of whom will be retained as part of the acquisition.

Claudio Veritiero, CEO of Peel Ports Group, said: “The acquisition of HES Humber Bulk Terminal is an important investment for Peel Ports Group, expanding our presence into the East of England and bringing Peel Ports Logistics’ ‘One-Stop-Shop’ service to the East Coast.“The modern facilities at HES Humber Bulk Terminal guarantee fast and efficient loading and unloading of vessels and trucks, while the excellent water and road connections enable quick and smooth operations. This, combined with trans-shipment and extensive storage capabilities, will make the site a key addition to Peel Ports Logistics, helping us to deliver efficient and cost-effective port services for our customers.”

Cees van Gent, CEO of HES International, said: “We would sincerely like to thank all HES Humber Bulk Terminal employees for their ongoing commitment and valuable contribution to the company. Peel Ports has a long and outstanding history in the safe handling of cargo from across the globe and plays an integral role in customer supply chains.

“They are a reputable market player in the UK and we are confident that they will support HES Humber Bulk Terminal to build on its successful history. Proceeds from the sale will be reinvested in energy transition related projects that are pivotal for the long-term, sustainable growth and transformation of HES.”

Published in Ports & Shipping

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About the Loughs Agency

The Loughs Agency is a governmental body established under the 1998 Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of Ireland. The Agency's goal is to provide sustainable social, economic, and environmental benefits by effectively conserving, managing, promoting, and developing the fisheries and marine resources of the Foyle and Carlingford areas.

The Agency's governing legislation confers several specific functions, including the promotion of development of Lough Foyle and Carlingford Lough for commercial and recreational purposes in respect of marine, fishery, and aquaculture matters. Moreover, the Agency is responsible for managing, conserving, protecting, improving, and developing the inland fisheries of the Foyle and Carlingford areas. Additionally, the Agency has the task of developing and licensing aquaculture, as well as the development of marine tourism.

The Loughs Agency reports to the North South Ministerial Council and its government Sponsor Departments, the Department of Agriculture, Environment and Rural Affairs (DAERA) in Northern Ireland, and the Department of the Environment, Climate, and Communications (DECC) in Ireland. The Departments fund the Agency on an equal basis.

The Loughs Agency's focus on sustainable development is expected to have a positive impact on the economy, environment, and local communities in the Foyle and Carlingford areas. The Agency's efforts to conserve and enhance the region's marine resources, including fisheries and aquaculture, are expected to benefit local communities, promote tourism, and contribute to economic growth.

In conclusion, the Loughs Agency plays a vital role in promoting the sustainable social, economic, and environmental development of the Foyle and Carlingford areas. Its work on marine conservation and development is crucial in ensuring the long-term viability of the region's natural resources and in promoting sustainable economic growth.