The Business Magazine - B2B Business News - Site Logo
The Business Magazine March 2024
Read now
PICK YOUR EDITION

Kent’s Seacon Terminals replaces jetty following £3m funding package

9 November 2022
Share
The Business Magazine article image for: Kent’s Seacon Terminals replaces jetty following £3m funding package

Kent port operator Seacon Terminals has replaced its jetty following a £3 million funding package from Lloyds Bank.

Based at Northfleet’s Tower Wharf, Seacon’s facility, which features several warehouses, 16 heavy goods vehicles and two ships, enables the handling and trade of materials such as wood, steel, lead and other metals.

A tweet posted when the work started back in January

Seacon applied for a development loan from long term banking partner Lloyds Bank after declaring its previous, 1950s-built jetty to be "beyond its design life", receiving a package of £3 million to help build the 25-pile-long link.

Read more - Uber Boat buys Gravesend Pier in Kent

Daren Rose, relationship director at Lloyds Bank, said: "Kevin and the team at Seacon continue to demonstrate great ambition for the growth of the Northfleet site, and we’re proud to be backing them to deliver that.

"Like the fleet it operates, this is a business that doesn't stay still, and we look forward to seeing what its future holds."

Development is also underway on the firm’s new offices overlooking the Thames, which are expected to be finished by Christmas next year.

Kevin Jeeves, finance director at Seacon Terminals, said: "The role of Seacon Terminals in facilitating considerable trade of materials requires us to have the latest, most efficient equipment.

"As a business, we've been with Lloyds Bank for several years now and they've been by our side over that period, providing the funding and guidance we've needed to grow.

"The new jetty link and office revamp are the latest example of this and will help us to offer an even more professional and slick service to our clients."

Work on the new jetty was carried out by Sussex-based contractors Mackley.

Read more - New £1.3m programme to boost South East creative businesses

Featured image credit: Seacon Terminals


Sam is the Regional Editor of Biz News, responsible for both Hampshire and Dorset.

A new recruit to journalism, Sam started writing for the Business Magazine as a freelancer in May of 2022 after completing his degree in English at University College London. His passion for local businesses and ability to tell a story soon caught the attention of the publication’s management team and have led to his meteoric rise.

Sam, who lives in central Reading, takes a particular interest in technology, gaming and food and drink, having been a chef before starting his degree.

Related articles

Latest Deal Ticket

view more
Hydrock (Bristol)
has been acquired by
Stantec
May 2024
UNDISCLOSED
Who's behind the deal?

Upcoming events

view more
06
Jun

South Coast Property Awards 2024

Hilton Southampton
Utilita Bowl
More info
12
Jun

Leadership Roundtable: Developing strategies for financial returns over the next decade

Herrington Carmichael, Farnborough Aerospace Centre, GU14 6XR

More info
18
Jul

Thames Valley Tech & Innovation Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
26
Sep

Thames Valley Property Awards 2024

Ascot Pavilion
Ascot Racecourse
More info
03
Oct

South Coast Tech & Innovation Awards 2024

Hilton Southampton
Utilita Bowl
More info
07
Nov

Thames Valley Deals Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
21
Nov

Hampshire Business Awards 2024

Farnborough International
Exhibition & Conference Centre
More info

Related articles