PD Ports Sows Seeds of Success at Medina Wharf

News Release PD Ports, Harbour Office Tees Dock (Port Operations Centre) July 8, 2011

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LONDON 8 JULY
2011 - A grain storage co-operative, based at Medina Wharf on the Isle of Wight,
has helped safeguard its future thanks to a new 20-year lease, signed with the
port operator and logistics firm, PD Ports.
 
Isle of Wight
Grain Storage Ltd, which handles 90% of arable crops grown on the Island, has
seen volumes more than double in the past two decades. The company agreed a new
contract with PD Ports in 2010 giving them a more secure tenure and the
confidence to invest again on the Island.
 
The contract had
led to a £400,000 project to develop Hopper bottomed silos which was aided by a
SEEDA (South East England Development Agency) grant. Due to the shape of these
new silos grain intake will speed up and ship loading ability will be improved.

 
Chris Sprackling,
General Manager of Isle of Wight Grain since 1989, spoke of the new PD Ports
lease: “Since the new contract has been signed we feel that Isle of Wight Grain
is now secure for the next 20 years, and in best position to handle the Island’s
arable produce.”
 
Michael Dowson,
Group Property Development Manager at PD Ports commented: “We were delighted to
forge the deal with Isle of Wight Grain, which represents a sizeable and
long-established market on the Island, and is consequently of economic
importance to many residents. The grain will be efficiently exported through our
dock to ports around Europe, and is an encouraging boost to local agricultural
businesses during otherwise volatile market conditions.” ENDS/ 
 
About PD
Ports:
·        
PD Ports
Limited
is
owned by Canadian based Brookfield.  Brookfield is a global
asset manager focused on property, renewable power and infrastructure assets,
with over $100 billion of assets under management.  PD Ports
was bought by Brookfield in November 2009.
<UL style="MARGIN-TOP: 0cm" type=disc>
<LI style="LINE-HEIGHT: normal; MARGIN: 0cm 0cm 0pt" class=MsoNormal>PD Ports
is a high performing specialist ports business offering a wide
variety of supply chain services to improve customers’ international product
and material movements into and out of – as well as within – the
UK.</LI></UL>

<UL style="MARGIN-TOP: 0cm" type=disc>
<LI style="LINE-HEIGHT: normal; MARGIN: 0cm 0cm 0pt" class=MsoNormal>PD
Ports employs over 1200
members of staff, and generates an annual turnover of over £115 million from
many UK locations.</LI></UL>

<UL style="MARGIN-TOP: 0cm" type=disc>
<LI style="LINE-HEIGHT: normal; MARGIN: 0cm 0cm 0pt" class=MsoNormal>PD
Ports operates throughout
the UK from bases at many key ports and logistics
centres.      
</LI></UL>

<UL style="MARGIN-TOP: 0cm" type=disc>
<LI style="LINE-HEIGHT: normal; MARGIN: 0cm 0cm 0pt" class=MsoNormal>The 3 business interests
of PD Ports are:
<UL style="MARGIN-TOP: 0cm" type=circle>
<LI style="LINE-HEIGHT: normal; MARGIN: 0cm 0cm 0pt" class=MsoNormal>Port Operations– is split into two business streams – bulks and
unitised and includes:
<UL style="MARGIN-TOP: 0cm" type=square>
<LI style="LINE-HEIGHT: normal; MARGIN: 0cm 0cm 0pt" class=MsoNormal>Teesport:
one of the top 4 UK ports, with flows of containers, bulk traffics and
finished cars, handling almost 40 million tonnes of throughput p.a.

<LI style="LINE-HEIGHT: normal; MARGIN: 0cm 0cm 0pt" class=MsoNormal>Humber & Small
Ports: owners and/or
operators of ports on the Humber estuary, Rivers Trent and Ouse, and at
Medina Wharf, Isle of Wight. Service
offerings include ships’ agency, chartering and stevedoring
services.
<LI style="LINE-HEIGHT: normal; MARGIN: 0cm -14.35pt 0pt 0cm"
class=MsoNormal>Logistics:
PD Logistics offers warehousing, recycling and distribution services at UK
locations throughout the North East, Humberside & East Anglia,
including at Felixstowe.  </LI></UL></LI></UL></LI></UL>
Development plans for port
operations include:
<UL style="MARGIN-TOP: 0cm" type=disc>
<UL style="MARGIN-TOP: 0cm" type=circle>
<UL style="MARGIN-TOP: 0cm" type=square>
<UL style="MARGIN-TOP: 0cm" type=disc>
<LI style="LINE-HEIGHT: normal; MARGIN: 0cm 0cm 0pt"
class=MsoNormal>The Northern Gateway Container Terminal: a major new deep sea container
terminal planned at Teesport on the South side of the River
Tees.  The £300+ million development will have a
capacity of 1.5 million TEU (twenty foot equivalent unit) and is
anticipated to deliver over 5,500 jobs to the Tees Valley, when fully
operational. Circa 1,300 of the
5,500 new jobs have already been created through portcentric logistics
operations in the past four years. 
<LI style="LINE-HEIGHT: normal; MARGIN: 0cm -14.55pt 0pt 0cm"
class=MsoNormal>Portcentric Logistics: a concept promoted by PD Ports for locating the storage and
distribution of imported goods close to the point of arrival at a UK
port. This concept avoids the slow handling and return of empty
containers as well as eradicating unnecessary UK road mileage,
which occurs when delivering to a traditional inland import centre, such
as in the Midlands. 
</LI></UL></UL></UL></UL>
In 2006
ASDA WalMart opened a 360,000 sq ft import centre at Teesport and has saved more
than 8 million road miles by adopting the portcentric concept. 
Adjacent to the ASDA facility, Tesco operates a purpose built 1.2 million
sq ft import centre at Teesport, which opened in 2009. Tea and coffee
specialists Taylors of Harrogate opened a purpose built warehouse facility at
Teesport Commerce Park on the periphery of Teesport in 2010 to handle its UK
imports.
<UL style="MARGIN-TOP: 0cm" type=disc>
<UL style="MARGIN-TOP: 0cm" type=circle>
<LI style="LINE-HEIGHT: normal; MARGIN: 0cm 0cm 0pt" class=MsoNormal>Conservancy – this includes:
<UL style="MARGIN-TOP: 0cm" type=square>
<LI style="LINE-HEIGHT: normal; MARGIN: 0cm 0cm 0pt" class=MsoNormal>Management of river
traffic for the ports of Tees and Hartlepool, ensuring safe navigation and
maintaining the required channel depth. 
</LI></UL>
<LI style="LINE-HEIGHT: normal; MARGIN: 0cm 0cm 0pt" class=MsoNormal>Property– this includes:
<UL style="MARGIN-TOP: 0cm" type=square>
<LI style="LINE-HEIGHT: normal; MARGIN: 0cm 0cm 0pt" class=MsoNormal>Revenue and income
from property and facilities owned by PD Ports and used by third party
clients on long term leases.
<LI style="LINE-HEIGHT: normal; MARGIN: 0cm -21.4pt 0pt 0cm"
class=MsoNormal>Land that is not utilised for operational purposes and offers
potential for development.
<LI style="LINE-HEIGHT: normal; MARGIN: 0cm 0cm 0pt" class=MsoNormal>Port land at Hartlepool docks, which is
highly attractive to the growing renewable energy sector, including
offshore, windfarms, and biomass plants.  PD Ports’ long
term strategy is to further develop Hartlepool docks as a centre of
excellence for the offshore support sector Please
visit <A
href="redir.aspx?C=b85e88e5ef0d48d5ac9ce69b03199af3&URL=http%3a%2f%2fwww.pdports.co.uk%2f"
target=_blank>www.pdports.co.uk</A></LI></UL></LI></UL></UL>
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