Port of Liverpool is a private enterprise– it is owned by Peel Holdings which is the second Largest Port company in the UK. Formerly, Port of Liverpool was owned by Mersey Docks which was acquired by the Peel group in 2005 and is now a major component of its parent company the Peel Group. According to the company’s website, 4 years ago the port was ranked fourth among the container ports. Today it has more container business with the United States and Canada then any other port in the country. It has now become one of the most efficient ports in the UK because of new communications and technical developments. There are two major factors which have made Liverpool a successful port one is the potential handling of larger post-Panamax vessels, after it was given the permit by the government. Second and more significant influence has been the geographical location of the port, it is “the second richest cargo hinterland in the country” making it easily accessible by road as well as through rail. Although it may not face Europe but there is a decided advantage in favour of Liverpool as the haulage cost and road congestion can be avoided. (Port of Liverpool)
The government and its regional branches and their policies understand the importance of Liverpool especially for the area’s economy and also for growth of sustainable distribution. With the proposed post-panamax expansion, Liverpool will be in the best position as a West Coast port and can potentially serve the whole UK market from a well-located position. This is possible because Liverpool has excellent road and rail links with the rest of the country in addition feeder links can cater to Ireland too. Since Liverpool handles the most goods heading towards USA and Canada, this growth has been a medium for the varied maritime opportunities that can be availed on Merseyside.
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