Thames freeport

Thames Freeport enjoys multi-million dollar investment

Thames Freeport is celebrating GB£600 million (around US$730 million) in private sector investment in the project’s first two years, which has resulted in the creation of over 1,000 jobs across the region.

Last week, during a visit to meet with the Thames Freeport partners, UK investment minister Lord Johnson highlighted the numerous potential for firms to establish at the site following its official opening by then-chancellor of the Exchequer Rishi Sunak MP in 2021.

Thames Freeport is a business...

https://container-news.com/thames-freeport-enjoys-multi-million-dollar-investment/

UK Government gives green light to Thames Freeport to commence operations

Following the UK Government’s approval of the final business case, the Thames Freeport has been granted the green light to officially establish its board and begin full operations.

The Freeport is an economic zone situated in the Thames Estuary and the port of London, the United Kingdom’s largest port.

Thames Freeport, a collaboration between Ford, Forth Ports Limited, and DP World, will see over US$5.6 billion in new public and private investment, as well as the creation of over 21,000 new jobs...

https://container-news.com/uk-government-gives-green-light-to-thames-freeport-to-commence-operations/

Thames Freeport fully operational after final green light from UK Government

The Thames Freeport has been given the go ahead to formally constitute its board and start operating fully, following the approval of the final business case by the UK Government.

The post Thames Freeport fully operational after final green light from UK Government appeared first on Offshore Energy.

https://www.offshore-energy.biz/thames-freeport-fully-operational-after-final-green-light-from-uk-government/

High business demand in Thames Freeport

Many businesses are interested in locating to the investment zone of Thames Freeport, increasing significantly the economic fortunes of the Thames Estuary in the 2020s.

That is the verdict from Ford, DP World and Forth Ports on the 12 month anniversary of freeport status, formally announced by the government of the United Kingdom (UK) in last year’s budget.

A range of businesses from a diverse range of sectors are seeking to benefit from the financial incentives offered by the freeport, including...

https://container-news.com/high-business-demand-in-thames-freeport/

Thames Freeport offers financial incentives to attract businesses

Thames Freeport has launched a range of financial incentives to economically attract businesses to be located at the British port.

“Anyone setting up a new manufacturing, clean energy or logistics business at the Thames Freeport will be able to access tangible economic benefits which are available across the three tax sites at Ford Dagenham, the Port of Tilbury and London Gateway’s Logistics Park,” said the port in an announcement.

In addition, according to Thames freeport officials, the...

https://container-news.com/thames-freeport-offers-financial-incentives-to-attract-businesses/

Thames Freeport to start operations in November

Thames Freeport will officially begin operations in November, according to United Kingdom Chancellor Rishi Sunak, a decision that is expected to drive new investment, jobs, skills and the adoption of greener technology, levelling up local communities and UK trade.

Thames Freeport partners have welcomed the Chancellor’s announcement, made on 27 October. “It will generate more than £4.5 billion (US$6.19 billion) in new public and private investment, create more than 21,000 new jobs, with...

https://container-news.com/thames-freeport-to-start-operations-in-november/

UK freeports could have a ‘catalytic impact’ – but now the hard work begins

A tranche of newly awarded freeports presents an opportunity to regenerate both the UK’s logistics sector and some of its poorest regions – but the “hard work” is only just beginning.
Speaking on Multimodal’s Freeports panel, Vivid Economics cities and infrastructure head James Patterson-Waterston said the scale of the bids suggested freeports “could become a transformational vehicle”, but success was dependent on getting the “hard part done”.
“Strategic growth, regeneration and innovation …

The...

https://theloadstar.com/uk-freeports-could-have-a-catalytic-impact-but-now-the-hard-work-begins/

Unaccompanied ro-ro traffic up at Tilbury as vision for Thames freeport is unveiled

Port of Tilbury owner Forth Ports said there were clear signs that cross-Channel sea freight was increasingly moving to unaccompanied shipping options, as shippers and their forwarders seek greater supply chain resilience.
The company reported it had seen a 20% year-on-year increase in unaccompanied freight volumes between Tilbury and Zeebrugge in December through its recently opened Tilbury2 terminal, leading P&O Ferries to add an additional vessel to cope with the higher …

The post Unaccompanie...

https://theloadstar.com/unaccompanied-ro-ro-traffic-up-at-tilbury-as-vision-for-thames-freeport-is-unveiled/

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