Port of Liverpool hailed as best in UK for port-centric logistics potential
The Port of Liverpool has been ranked as the UK’s top port for port-centric logistics potential in a new industry study.
Property adviser Knight Frank analysed and ranked 41 UK ports based on 13 criteria, assessing their potential for future logistics investment and development, in its latest Future Gazing report.
The Port of Liverpool topped its table, after the port ranked first for forecast export growth and was placed in the top 10% for access to consumer markets, skilled labour, availability of land, port capacity, import growth potential and size of the existing logistics market.
In November last year management at the port ended three months of industrial action at the port after agreeing a pay deal with Unite the Union following several all-out stoppages.
Peel Ports Group commercial director, Stephen Carr, said: “We’ve long argued that the Port of Liverpool is one of the UK’s best-located ports, and we have built on that with significant investment over many years to create jobs and enable more efficient supply chains.
“These benefits have been greatly enhanced recently by confirmation from the Government that the Liverpool City Region has gained final Freeport status approval, meaning the benefits for supply chains locating to the region are even greater than ever.”
Knight Frank researched each port’s potential role in shortening supply chains and mitigating supply disruption.
Its report looked into 13 different categories including a port’s capacity, connectivity, as well as the overall investment at the site and import and export growth potential.
The Port of Liverpool received the highest overall score in its rankings.
Peel Ports has made significant investment at the port in recent years, building on the completion of Liverpool2, a £400m deep water container terminal. The report also recognised the importance of the port’s grain terminal to the UK’s agri bulk industry.
The location of the port is of strategic importance to major importers and exporters of goods as it offers unrivalled connectivity to Ireland and access to a catchment area of more than 35 million people.