EastPorts container business to cease
Wednesday 10th November 2010Operations at the container terminal of Great Yarmouths EastPort UK are to stop with the focus for the future of the port switching to the offshore energy industry and agriculture.
The decision was taken before even one container ship had docked at the terminal which is part of the new outer harbour.
EastPort chief executive Eddie Freeman said they were reacting to major changes in industry since the port was devised.
He believed there was much more business to come from energy-related sectors and agriculture than from container traffic, which had been severely hit worldwide by the recession. .
The port will be looking to find business through giant windfarms planned offshore of Yarmouth and from decommissioning of North Sea platforms. It also plans to build on shipments through the newly-opened grain terminal.
A statement from EastPort UK said that container activities would remain suspended until the sector was viable once again. The ports cranes, which are owned by global freight company Port of Singapore Authority, will remain idle or may be moved elsewhere.
www.eastportuk.co.uk
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