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Felixstowe launches new logistics park

PRESS RELEASE

December 09, 2014: The Port of Felixstowe (PFL) has announced its latest warehousing and logistics development. The latest phase of growth will see the development of 1.45 million sq. ft. of warehousing on a 68-acre site, tailored to the needs of its customers.

Commenting on the development, Clemence Cheng, Chief Executive Officer at the port, said: "The new site that we are launching today has the key advantage of being located within the port's perimeter. It is less than 100 metres from Berths 8&9 where we handle the world's largest container ships, and only 500 metres from Trinity terminal. Both terminals, with a combined throughput of over 4 million TEUs p.a., can be accessed via internal roads allowing customers to maximise the economics of ocean freight and port-centric logistics.

"For both UK and northern European distribution, occupiers will benefit from the unrivalled range of road, rail and short-sea carriage available at Felixstowe. The site is located adjacent to No.1 Gate with immediate access to the A14 and very close to the port's three rail terminals. With 60 freight train movements each day this opens up a wide range of sustainable transport options."

The Port of Felixstowe is being advised by First Industrial on the development of the Logistics Park. It comes hot on the heels of the planning consent received by Uniserve, the UK's largest independent international freight and logistics company, for its first "Super DC" to be located at Felixstowe with a 500,000 square foot footprint and a height of 130 feet accommodating three 320,000 sq. ft. mezzanine floors.

Mr Cheng added: "We expect huge interest in this site. The ability to create a purpose-built warehouse at the UK's largest container port with all the advantages that brings is an exciting prospect for importers, retailers and third-party logistics providers."

Felixstowe is the UK's largest container port and is continuing to expand. Construction of a 190 metre extension to the port's Berth 9 is on schedule for completion in 2015.

PFL is a member of the Hutchison Port Holdings (HPH) Group. Hutchison Port Holdings (HPH), a subsidiary of the multinational conglomerate Hutchison Whampoa Limited (HWL), is the world's leading port investor, developer and operator. The HPH network of port operations comprises 319 berths in 52 ports, spanning 26 countries throughout Asia, the Middle East, Africa, Europe, the Americas and Australasia. Over the years, HPH has expanded internationally into other logistics and transportation-related businesses. These include cruise ship terminals, airport operations, distribution centres, rail services, and ship repair facilities. In 2013, the HPH port network handled a combined throughput of 78.3 million TEU worldwide.

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