Port investments in the United Kingdom exceed £1 billion in 2021

Redacción Portal by Portuario.cl

@PortalPortuario

a Research published by the British Ports Association (BPA) shows UK port investment to exceed £1 billion in 2021 Despite the continuing pandemic instability.

This is thanks to projects such as the 4th Dock of the DP World London Gateway worth 300 million. Investment in modernization of port machinery, practical ships and buildings adds at least £75 million to the total.

An analysis of data supplied by MDS Transmodal to BPA shows that container ports handled 15% more units in Q3 2021 compared to Q3 2020, but deployed capacity fell 15% last year.

Q3 2021 dry bulk volumes were up 5% from Q3 2019 pre-pandemic levels. 2021 volumes could reach 96 million tonnes, their highest level since 2015 if they reach Q4. Quarters follow the same pattern as they did before.

Overall liquid bulk volumes fell 7% in the first three quarters of 2021. Demand for petroleum products has remained relatively low and has not yet returned to pre-pandemic levels in the third quarter. Warmer-than-average temperatures have also softened gas demand.