South Coast: Brexit minister says ABP Southampton has important role for trade

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TBM Team

Brexit minister David Jones MP visited ABP Southampton this week to discuss opportunities and hear views as the UK prepares for exit negotiations with the EU. Jones was keen to learn more about the impact of Brexit on the Port of Southampton as the UK prepares for the unprecedented move.

The Port of Southampton plays a crucial role in UK trade as the number one export port, exporting £40 billion of British manufactured goods, including £36b of exports destined for markets outside of the EU. It is also the UK’s number one cruise port and contributes more than £1b to the national economy a year.

ABP informed Jones on its five-year plan to invest £170 million into the port of Southampton.

Jones, acknowledging ABP Southampton’s vital role, said: "As the country’s biggest vehicle handling port and second largest container terminal, the Port of Southampton has a proud history of serving the local community, UK, Europe and beyond.

"Known as the 'Gateway to the World' the port plays an important role both for UK manufacturers looking to access international markets and cruise passengers travelling across the globe.

“The Government recognises there may be challenges ahead, but is committed to getting the best deal for the UK, including the port and maritime industry.”

UK ports handle an estimated £511b of goods, of which £228b are exports and 30% of those pass through Associated British Ports, the owners and operators of the Port of Southampton.

ABP chief executive James Cooper said: “The Port of Southampton is the UK's leading export port and plays an integral part in UK industry supply chains.

“Southampton handles around 900,000 vehicles annually, with 60% of those British-made cars en route to markets in America, the Middle East and the Far East.

“We welcome the opportunity to discuss the challenges Brexit may present to the port and maritime industry, but also to add a supportive voice as the Government prepares for negotiations.

“We are already investing for the future and will continue to build on our existing strengths while exploring new markets that will help to ensure the port and the UK market, that relies on it for access to global markets, remains sustainable and prosperous.”

TBM Team