Associated British Ports (ABP) the UK’s leading ports group has concluded a new, long-term agreement with international energy logistics provider Peterson. Peterson will take over circa 1.5 acres on the northern side of the port and will see its operational and logistics base located in Lowestoft extended to 2030.
Attracted by the Port’s ideal location to support its current customer base and potential new ones, Peterson first arrived at the Port of Lowestoft in 2018.
Jason Hendry, Managing Director for England and Renewables Strategy at Peterson said: “Following three successful years at the Port of Lowestoft, we are delighted to extend our agreement with ABP.
“With a focus on the delivery of safe and efficient logistics services from modern facilities, this partnership has helped our Lowestoft business to grow and we look forward to further success in the years ahead as we support the energy transition and low carbon industries in the region.”
Paul Ager, Divisional Port Manager said: “We are delighted that Peterson has chosen ABP Lowestoft to continue its operations and we look forward to continuing partnership working.”
“When Peterson first arrived at the Port, we made a firm commitment to support their growth ambitions. I am really pleased we have been able to deliver on this assurance and that the Port of Lowestoft is not only supporting the offshore energy industry’s current demands but also their future needs.”
The Port of Lowestoft is expanding its provision of services to the offshore energy industry and last year launched its £25 million development of Lowestoft Eastern Energy Facility (LEEF). ABP’s ambitious plans and continued investments will ensure its Port of Lowestoft continues to be best in class, attracting new business to the region and creating hundreds of new jobs.