Stena Line to build new ferry terminal in Port of Immingham
Stena Line, the Swedish ferry firm, aims to expand its capacity and operations at the Port of Immingham in the UK as freight levels increase. Due to this, Stena Line has signed an agreement with Associated British Ports (ABP) for the joint development of a new freight terminal in the Humber area of the British port.
Earlier this year, Stena Line moved its Rotterdam freight service to the ABP-owned Port of Immingham, which is also the largest port in the UK by tonnage. For Stela Line, the agreement with ABP, which is worth 100 million British pounds, is a big step towards achieving a new level of freight volumes on routes to and from the EU has been booming since Brexit and becoming the provider of both the terminal and shipping operations. The Swedish ferry specialist will run the new terminal for the next five decades. It is expected that this will result in improved benefits and expanded services to its significant freight customers in the region.
“We are very pleased to announce that we will now take the next steps in the strategic vision for our routes between the UK and Continental Europe. Stena Line is pledging a significant long-term commitment that will bring a substantial boost to the region’s economy in terms of jobs and revenue. We look forward to working with Associated British Ports to develop this exciting project,” said Niclas Martensson, CEO of Stena Line.
ABP will establish a new purpose-built terminal centre at this harbour, which will be open in 2025. The UK’s leading port operator plans to file an application for a Development Consent Order to the Secretary of State for Transport in early summer. “Stena will be joining a growing family of commercial partners who are choosing to use ABP’s ports in the Humber which have fantastic facilities and connections for traders across Europe and beyond. Our track record in recent years of investing in new infrastructure is making the Humber the place to be for trading links between the Midlands and North of England, and the rest of the World,” said Simon Bird, Humber Director at Associated British Ports.