MAJOR CAPITAL INVESTMENT SIGNALS FURTHER DEVELOPMENT AT ABP'S PORT OF HULL
Associated British Ports (ABP) is to invest £730,000 in developing new storage facilities at Alexandra Dock, located on the port estate of ABP’s Port of Hull. The latest development programme to be undertaken at the port’s Alexandra Dock follows the agreement of a 10-year deal with Rix Shipping Co. Ltd (Rix). Rix, who is a long-standing customer of ABP Hull, now requires further open and enclosed storage space to enable the company to expand its operations at the port.
The investment will see the construction of a 3,500 sq m shed, together with the laying of extensive surfacing at the Rix Shipping Terminal at Hull’s Alexandra Dock. The extra storage facilities will accommodate increased volumes of timber, steel, containers and other general cargoes, imported by Rix, that are expected over the coming year. It is anticipated that the facility will be fully operational by April 2004.
“This development is the result of like-minded partners with absolute trust and conviction in each other, as well as in the Port of Hull”, stated Director of Rix Shipping, Capt. Ian Fee. “This new agreement between Rix Shipping and ABP will enhance the shipping connections between Hull and the Baltic states.”
Doug Morrison, Port Director, ABP Hull & Goole, commented on the new expansion programme:
“Rix has been a valued customer of Hull for many years, and has continually demonstrated their ability to grow their business. Our significant financial investment in the construction of additional facilities at the terminal reflects both our confidence in Rix and our commitment to the sustainable development of our port operations.”
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