Continued trade growth confirms Immingham's importance to UK economy
August 28, 2014
Official Government trade statistics have confirmed the central role that the Humber ports in general and Immingham in particular play in the economic life of the region and country.
The figures show an increase in tonnage handled at Grimsby and Immingham in 2013 to 62.6 million tonnes, a 4% increase on 2012. Hull and Goole saw an 8% increase to 12.2 million tonnes.
The figures underline the vital regional and national economic role played by all the Humber ports.
ABP's ports on the Humber support 23,000 jobs in the area and contribute £1.5 billion to the regional economy, with ABP Grimsby and Immingham alone supporting 14,000 local jobs and contributing almost £1 billion to the regional economy. Nationally, ABP's Humber ports support 33,000 jobs and contribute £2.2 billion to the UK economy.
A series of significant investments by ABP in the Humber ports has driven development of the business. Last year saw the opening of the £26m Grimsby River Terminal to support the growing vehicle handling trade and ABP is investing £150m in biomass handling facilities at Immingham and Hull in a Humber wide agreement with Drax Power Ltd. Together with Siemens, ABP is also investing £310m in new manufacturing facilities for the offshore wind industry in Hull and East Riding.
John Fitzgerald, ABP Director, Humber said: “The Port of Immingham has once again managed to grow its business whilst the UK port sector as a whole stagnated. This is testament to the efforts our customers make to move traffic through this vital gateway.
“Since 2000, throughput at Grimsby and Immingham has grown 20% on the back of hundreds of millions of private sector investment in infrastructure and equipment. Our customers, the region and the UK's economy as a whole need ABP to continue to invest in Immingham to develop facilities that support trade and deliver jobs.”
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