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Birmingham Post
Birmingham Post
Business
David Laister

Stena Line and ABP agree £100m 50-year deal for new Humber terminal to support UK-Europe freight

A huge deal between Swedish ferry operator Stena Line and Associated British Ports is behind plans for a new terminal at Port of Immingham.

The two businesses have revealed a £100 million agreement that will see them jointly develop an extensive new roll-on-roll-off facility. Hundreds of jobs could be created across both the shipping and logistics elements.

Focused on the eastern side of the port, the deal will cover operations over a 50 year period, and is described as “a major long-term commitment and boost for the region where freight on routes to and from the EU has been booming since Brexit”.

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