DP World’s £1.5bn London Gateway scheme is a deep sea container port around 25 miles away from central London that also accommodates the largest logistics park in Europe.
It aims to rival Felixstowe – Britain’s biggest container port owned by Hong Kong billionaire Li Ka-shing’s empire Hutchison – and will boost productivity, cut the cost of transporting goods to the south east and produce 14,000 jobs.
The super port will eventually be capable of storing 3.5m twenty foot containers per year or TEUs as the key industry measure is called. A first berth will open this week followed by a second next year and a third by the end of 2014.
The MOL Caledon, a 5,000 TEU vessel en route from Cape Town in South Africa will be the first ship to call at the port on Wednesday night. The 300 metre-long vessel, which used to stop at the rival port of Tilbury, is currently the only line committed to London Gateway.