UK Launches First Port Economic Partnership Between Port and State

Port of SouthamptonImage Courtesy: Associated British Ports

Port of Southampton and the UK government have launched the country’s first Port Economic Partnership (PEP), an initiative aimed at creating stronger links between ports and government.

As part of its strategy, ‘Maritime 2050 – Navigating the Future’, launched in January 2019, the UK government outlined the creation of Port Economic Partnerships as one way of creating a strong business environment for ports to thrive.

The PEP is anticipated to better facilitate ports’ investment in new freight-handling facilities and other infrastructure needed to grow trading volumes. It will also focus on ensuring that public and private sector organisations work together to enable improved links with the UK’s global trading partners.

The UK’s first PEP will see the Port of Southampton work with Department for Transport to trial the concept.

“Associated British Ports looks forward to working collaboratively with the government to deliver the benefits which the Partnership will bring to support the Port of Southampton’s future growth,” Alastair Welch, ABP’s Regional Director for Southampton, said.

“Ultimately, this important step will safeguard our position as the UK’s number one export port and a leading gateway for international trade, making significant contributions to jobs and the UK economy, both regionally and nationally.”

“This project will also allow the Port of Southampton to drive sector growth, enhance its offer to customers and serve its local community,” Nusrat Ghani, Maritime Minister, added.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Defence Safety Conference 2019

The Defence Safety Conference returns to London this October as the only event solely dedicated to enhancing safety across all aspects of defence.

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

3rd MarSat Workshop

The MARSAT project wants to operationalise and standardise EO products and aims to develop…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >