£300m fourth berth to come for London Gateway
DP WORLD will begin work next month on the new berth at its London Gateway logistics hub.
The fourth berth will raise capacity by a third and completion will coincide with the delivery of a new wave of 24,000 TEU vessels in 2023/2024, which will all be operated between Asia and Europe.
The £300m projected spend builds on the £2bn investment DP World has made in Britain over the last decade.
In the first six months of 2021 London Gateway saw record throughput of 888,000 TEU, a more than 23% increase on the previous best performance for the first half of a year.
