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Tue 1 May 2007 02:08 PM

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London demands final port approval

Port of London Authority chairman, Simon Sherrard, has called for the British government to approve without further delay the long awaited London Gateway, a container port and development that DP World plans for the north bank of the Thames.

Port of London Authority chairman, Simon Sherrard, has called for the British government to approve without further delay the long awaited London Gateway, a container port and development that DP World plans for the north bank of the Thames.

"Ports and shipping are dynamic sectors which compete internationally. Our direct competitors have built new container facilities in the time the UK government has taken to make decisions on whether to build these facilities," said Sherrard.

"We continue to do all we can to help make London a competitive and welcoming place to do business, for example keeping increases in our port fees below the level of inflation year on year." he added.

Many millions of pounds have been invested in new facilities near the brownfield site over the last five years, helping the current port attract new trades in oil products, paper, steels and containers.

"Against this backdrop of growth and innovation it is exceptionally disappointing to see London Gateway, potentially the most significant development in the port for over a hundred years, still awaiting the final go-ahead," said Sherrard.

The London Gateway is seen as an essential solution to the UK's shortage of container port capacity. The project will enable goods to be landed and processed in the right place - close to the biggest market in the UK. "Failing to act on this risks the UK losing its place on the global shipping stage," he concluded.

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