Peel Ports Group plans to add more than one million sq ft of warehousing capacity across its UK network as demand grows for port-centric storage and logistics services.
The multi-million-pound investment will initially focus on the Port of Liverpool and King George V Dock in Glasgow.
At Liverpool, Peel Ports plans to develop a new 900,000 sq ft warehouse alongside upgrades to existing facilities. A further 100,000 sq ft facility will be developed at King George V Dock.
Together, the developments will add approximately 92,000 square metres of Grade A warehousing capacity.
Growing demand for port-centric logistics
Peel Ports said demand for storage close to its ports is increasing across sectors including fertiliser, chemicals, defence, manufacturing and bulk commodities.
The company has recorded particularly strong growth in fertiliser-related enquiries as importers and distributors seek additional storage capacity.
The new facilities will also support chemical cargo requiring specialist storage and compliance standards, as well as supply chains requiring secure logistics infrastructure.
“Our customers are increasingly looking for high-quality storage space located close to our network of ports, and demand continues to grow across a number of critical industries,” said David Huck, Chief Operating Officer Ports & Marine, Peel Ports Group.
“Having warehousing located close to the quayside enables customers to streamline operations, reduce transport movements, improve speed to market and enhance supply chain resilience.”
The investment forms part of Peel Ports’ wider expansion of its logistics infrastructure. Over the past 15 years, the group has developed more than 1.6 million sq ft of Grade A warehousing at locations including the Port of Liverpool and London Medway.
The latest expansion is designed to strengthen Peel Ports’ integrated logistics offering by combining port operations and warehousing with rail and road connections.
Further details on the developments are expected as the projects move towards completion.
