Peel Ports Group has reached a significant milestone in its Sheerness Master Plan, a 20-year strategy for growth, as it completes its first round of multi-million pound investment at its Wellmarsh site.
Over the past 12 months, Peel Ports has invested a total of £27 million into its 50-acre Wellmarsh site, as part of plans to drive significant growth at the port and strengthen its position as a leading terminal for bulk timbers, automotive and other sectors.
The ongoing development includes the transformation of the former Thamesteel site, into flexible storage and purpose-built logistics facilities, including 23-acres of car storage for the port’s automotive clients.
A further 25-acres of timber storage facilities have been constructed, helping position Sheerness as an industry leader in bulk timber products, the port is currently the largest terminal of its kind in the UK, handling 1.3 million tonnes of timber and forest products a year.
The custom-built facility includes covered and open storage capacity to facilitate annual volumes and further growth demand in coming years.
Richard Goffin, Port Director at Port of Sheerness, said: “Our current running investment of £27 million at the Port of Sheerness represents our continued commitment to the region as part of our 20-year Master Plan, our strategy for growth that launched in 2014.
“The Wellmarsh site is the ideal strategic location to serve key markets and combined with our ongoing development to create bespoke solutions and services, new opportunities are continually opening up for existing and new customers across a variety of sectors.”
“We can already offer customers flexible storage options and purpose-built logistics facilities and with further investment over the coming years, hope to make a significant and sustainable difference in the region.”
Peel Ports’ Master Plan for growth at Sheerness will create up to 1000 jobs in the coming area, in addition to the 1,640 jobs the port already supports. Once completed, Peel Ports expects to have invested an estimated £50million in the region.
To find out more on London Medway, click HERE.
Back to News & Media