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Wednesday, 24 June 2015

Peel Ports to build $158m Liverpool biomass terminal

Plans for a new biomass terminal at the Port of Liverpool are set to bring a further $158 million of investment to the site, according to developer Peel Ports. The new terminal is set be completed later this year and to be fully commissioned in July 2016.

The new biomass terminal will be capable of processing up to 3 million tonnes of wood pellets per year and will include rail loading facilities and storage capacity for 100,000 tonnes.

The terminal will serve the nearby Drax power station which has recently been converted from one of Europe’s largest coal-burning plants into a renewable energy site fuelled by wood pellets formed from commercial forestry and saw-milling waste products.

“Our new relationship with Drax illustrates the importance of east/west connectivity in driving growth and creating jobs in the north of England,” Mark Whitworth, CEO of Peel Ports, said, adding that the firm was investing “$158 million to create a new biomass terminal at the Port of Liverpool, which will fuel the Northern Powerhouse by providing the wood pellets for Drax power station as part of the largest decarbonisation project in the EU.”

Andy Koss, CEO, Drax Power was also positive about the location of the new terminal noting that shipment to Liverpool and onward transportation via rail would “minimise carbon emissions” and helps maintain a low-carbon footprint.

The new terminal is part of wider plans by Peel Ports to develop a $500 million deepwater port, known as Liverpool 2, which will double the port’s container capacity, adding capacity for an extra 1 million TEU. The new container port will also allow access for larger post-Panamax vessels, accepting two 13,500 TEU ships simultaneously

Earlier this month, Peel Ports signed a multi-million pound deal with Shanghai-based Zhenhua Heavy Industries Co. (ZPMC) for 17 ‘mega cranes’ for the Liverpool2 container port.

The deal will see ZPMC supply five ship-to-shore (STS) megamax quay cranes and 12 cantilever rail-mounted gantry cranes (CRMGs) in phase 1 of the project and a further 3 three STS cranes and 10 CRMGs in phase 2.

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