Port operator Associated British Ports announced that 2018 will be another record-breaking year for the Port of Southampton, after 2017 saw the largest vessels in the world coming to Southampton and more than one million containers handled by the port.
The Port of Southampton is UK’s number one export port, handling £40 billion of exports every year. It is also UK’s second largest container terminal and each year handles around one million containers.
ABP Southampton Director, Alastair Welch said: “In terms of investment, we will be spending an average of £75,000 a day on our infrastructure to meet the continuing needs of our customers.”
The Port has secured more than £280 million of investment over the past 5 years, including more than £50 million in new state-of-the-art vehicle export facilities, which were recently opened by trade minister, Rt. Hon Greg Hands MP.
Moreover, the Port of Southampton provides British manufacturers with essential access to international markets and it is UK’s number one cruise port.
In fact, over 500 cruise calls each year bringing 2 million passengers, and it hosts some 3 million ferry passengers travelling to and from the Isle of Wight.