11th May 2021
Infrastructure & Energy specialists at Walker Morris have advised Port of Tilbury, London’s fastest-growing port, on their 25-year partnership with Tarmac to build the UK’s largest construction materials aggregates terminal.
The long-term agreement follows a £250 million pound investment made by Forth Ports at Tilbury2, the UK’s newest port. The facility is a purpose-built aggregate processing and manufacturing facility, strategically located to serve London and the South East, with multimodal connectivity.
The joint development with Tarmac, the UK’s leading sustainable construction solutions business, will use the very latest technology and be capable of discharging the world’s largest deep-sea vessels. The riverside location combined with a dedicated railhead means efficient delivery of construction materials into Central London without the use of heavy road haulage, supporting Tarmac’s commitment to reducing emissions and creating a safer environment for other road users.
Judith Pike and Jules Harbage led the Walker Morris team with support from Kathryn Brook, Jake Smith and Sam Parkinson.
Commenting on the deal Judith Pike Partner and joint Head of the Infrastructure & Energy Team at Walker Morris said:
“Having developed a long-standing and successful working relationship with the Port of Tilbury team over a number of years, it has been very exciting to be able to support them on this partnership with Tarmac. The terminal is a major development in the UK’s infrastructure capabilities and will have a vital role in helping to deliver national construction and infrastructure projects.
“For us as a team it is great to once again demonstrate our ability to deliver UK-leading infrastructure projects.”
Charles Hammond, Chief Executive of Forth Ports, owners of the Port of Tilbury, said:
“This is an exciting time for Tilbury2 as we sign a significant, long term agreement with Tarmac to create the UK’s largest construction materials terminal. This facility will be a game changer in the coronavirus economic recovery campaign to Build Back Better and is a good example of high productivity investment adding value to raw materials. I am pleased that the signing of this agreement comes at the same time as we have been awarded Freeport status, which will bring further investment and jobs to the area.”
Peter Ward, Commercial Director at the Port of Tilbury, said:
“We warmly welcome Tarmac to Tilbury2. This new terminal will be truly multimodal, and this strategic location will ensure that the construction industry in London and the South East of England can have fast access to the materials they require.”
The Walker Morris team is currently advising Port of Tilbury on a number of significant developments projects at Port of Tilbury and Tilbury2.