Overcast

Overcast

max temp: 14°C

min temp: 9°C

ESTD 1874 Search

Ipswich/Lowestoft/King’s Lynn: Scale of economic contribution of three ABP ports revealed

18:00 02 September 2014

ABP: Offshore wind operations at Lowestoft

ABP: Offshore wind operations at Lowestoft

Archant

The scale of the economic contribution of Associated British Ports’ (ABP) three ports in East Anglia has been revealed in a new report by independent consultants Arup.

shares

Together, the three ports - King’s Lynn, Lowestoft and Ipswich - contribute £340million to the UK economy annually and support 5,000 UK jobs, it said.

The new statistics show that, of those totals, ABP’s East Anglia Ports contribute £241m directly into the regional economy and support 3,577 jobs in the area.

Together, the three East Anglia ports handled 2.2m tonnes of cargo in 2013.

It’s a diverse business, with Ipswich exporting almost 500,000 tonnes of grain for local farmers as well as importing 140,000 tonnes of cement and more than 300,000 tonnes of aggregates annually to support the local construction sector.

Lowestoft is a renewable energy hub and key to the development of the offshore wind industry, while King’s Lynn is vital to the agricultural sector, handling 350,000 tonnes of agricultural products every year, the report reveals.

The three ports combined handled more than 1.3m tonnes of agribulks and 150,000 tonnes of timber in 2013 and play a key role in connecting the region to ports across the North Sea and beyond. ABP also has a pair of five-gold-anchored marinas at Ipswich and Lowestoft providing 500 marina berths and extensive facilities supporting marine based leisure & tourism.

ABP says it is committed to developing its three ports in East Anglia, with a programme of investment expected to increase their contribution to the regional economy by £24m annually.

Andrew Harston, ABP Director based in Ipswich with responsibility for ABP’s 11 short sea ports, said: “Our ports in East Anglia are a cornerstone of the regional economy, vital for the construction industry, key to farmers accessing global markets and essential for the further development of the offshore wind industry.

“I’m proud to report both these impressive figures and our determination to build on this success with a programme of investment that will deliver growth for the regional economy.”

shares

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other East Anglian Daily Times visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by East Anglian Daily Times staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique East Anglian Daily Times account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Tim Yeo

An outgoing Suffolk MP has denied reports he stands to make more than £500,000 from the sale of his second home, which was part-subsidised by the taxpayer – saying he plans to keep the London property.

Stansted Airport

Aircraft pilots were targeted with lasers around Stansted Airport 45 times last year.

Community leaders and concerned patients have raised fears for the future of a Suffolk hospital.

Pupils at Easton Primary School created homemade Easter bonnets.

The last day of term came with added excitement at one Suffolk school, where pupils lined up to show off their finest festive headgear for the annual Easter bonnet parade.

West Suffolk Hospital in Bury St Edmunds. Photograph Simon Parker

An investigation into the “concerning” financial position of West Suffolk Hospital has now been closed.

Fire crews rescue the man in Rumburgh - photo Jane Davis

A driver is lucky to have escaped after his car careered off the road and into a pond in Rumburgh, say eyewitnesses.

There are around 17 miles of tailbacks on the northbound A12 this evening.

Abbie Hunter

I may be a dog, but some believe I could have been a Queen!

A property in Leavenheath was burgled on Monday.

Police are appealing for information after a man who exposed himself to a 16-year-old boy on Tuesday.

Most read

Most commented

Topic pages