ABP CONFIRMS MAJOR PORT REDEVELOPMENT AT TEIGNMOUTH TO GO AHEAD
Associated British Ports (ABP) today, 7 April 2005, confirms significant capital investment in a major redevelopment of its port operations at Teignmouth, Devon. The £5 million scheme is backed by long-term contracts with both existing and new customers and heralds a significant step forward for the port.
Teignmouth, which serves Devon’s staple agricultural and ball-clay industries, has seen impressive growth in trade over recent years, and the improvements will ensure that ABP has the ability to satisfy the developing needs of its customers for the future.In 2003, backed by a 10-year contract, Mole Valley Farmers consolidated its UK import operations on a dedicated site on the port’s Western Quay. Mole Valley Farmers has agreed to extend this agreement with immediate effect. A new long-term contract has also been negotiated with major port user WBB Minerals, which exports clay from their local quarries through the port. In addition, new business has recently been secured with a 15-year contract to import cement for Civil & Marine Slag Cement through the port.
The redevelopment project comprises the straightening of the port’s Western Quays by the construction of a new 300-m long quay wall, deepening the berths, building additional storage facilities and a new public slipway and quay facility at ‘Polly Steps.’ The contract for these works has been awarded to Dean & Dyball Construction Ltd, one of the largest, privately owned construction and property groups in the UK. The redevelopment is due to be completed by July 2006.
Colin Greenwell, ABP Port Manager, Plymouth & Teignmouth, said: “After a great deal of cooperation from a number of stakeholders, including port customers, local authorities and suppliers, we are delighted to now bring this important scheme – which guarantees Teignmouth’s future viability – to fruition.”
John Fitzgerald, ABP Port Director, Short-Sea Ports, said: “The decision to press ahead with such a major capital investment at Teignmouth demonstrates ABP’s confidence in the long-term role that short-sea shipping plays in supporting local business. The project is backed by long-term contractual commitments with quality customers who, likewise, have recognised the strategic importance of modern port facilities to support their future trade developments.”
Andrew Jackson, Chief Executive, Mole Valley Farmers, said: “We enjoy an excellent relationship with ABP at Teignmouth and had no reservations about extending our agreement to support this new investment. We look forward to continuing our relationship with the team at Teignmouth as it expands and improves for the future.”
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