Asia-Europe services elude London Gateway

The UK's new, state-of-the-art container port, London Gateway is not yet being called in by the large Asia-Europe services. One year after the opening of the port, the country's container market is instead characterized by growing capacity and increased competition.

Photo: London Gateway

London Gateway, the large container port that opened in late 2013 and was fully prepared to receive the new mega-vessels of up to 19,000 teu, has yet to land the significant big customers - specifically the Asia-Europe services, where the enormous vessels are primarily deployed.

The project, which has Dubai-based DP World as a primary investor and which was conceived before the financial crisis arrived in 2008, can look forward to increased competition instead. This is due to the massive private investments in the other ports of the UK, reports the Financial Times.

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