DP World details $1.3bn London Gateway expansion plan
DP World has unveiled plans for a £1bn ($1.30bn) expansion of London Gateway, helping it become the UK’s largest container port within the next five years.
The expansion includes the construction of two new shipping berths and an additional rail terminal, enhancing the port’s capacity.
This development will extend London Gateway’s quayside to over 2.5km, allowing six vessels over 400m long to dock simultaneously.
The port will also feature Europe’s tallest quay cranes, rivalling the height of London’s Big Ben. It is expected to create 400 permanent new jobs, adding to the 1,200 already employed at the site.
With this expansion, DP World’s total investment in the port will exceed £3bn ($3.91bn), transforming a former oil refinery into a pivotal logistics hub.
The site recently included a £350m ($450m) fourth berth, the first to be entirely powered by electricity, expected to receive its inaugural ship.
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DP World Group chairman and CEO Sultan Ahmed bin Sulayem said: “DP World London Gateway will help make Britain’s trade flow in the future by connecting domestic exporters with global markets and delivering vital supply chain resilience for the whole economy.
“I am proud of this major investment which underlines DP World’s long-term commitment to the UK.”
London Gateway also hosts Europe’s largest logistics park, which employs 1,500 workers and serves as a strategic counterpoint to the Midlands’ ‘golden triangle’ of logistics.
The park’s tenants benefit from integrated storage, warehousing, and distribution services, with expedited planning consent allowing for the rapid construction of new facilities to meet demand.
Subject to regulatory approvals, the expansion is anticipated to significantly elevate trade volumes at the port, which currently manages nearly two million twenty-foot equivalent (TEU) annually.
In July this year, DP World concluded a merger with the Evyap Group to integrate the operations of the Ports of Yarimca and Körfez in Turkey.
