New deep sea terminal for Bristol
Over 500 jobs could be created at the Port with a scheme for a new terminal alongside the existing facilities at Avonmouth.
The deep sea terminal will be built partly on land reclaimed from the River Severn and will be open to the world's biggest container ships - which are currently unable to fit through the narrow lock entrances at the existing docks.
The increase in capacity will mean the Port of Bristol will be able to handle an extra 1.5m 20-ft equivalent container units a year - enabling the port to serve regions outside the SW, such as the W Midlands, even more effectively.
Despite the recent contraction in traffic due to the recession, the container shipping industry in the UK is predicted to grow in the long term at an average annual rate of around 4% - increasing to some 20 million 20-ft equivalent units by the year 2030.
- 27 March 2010
- South West Branch