UK-based Peel Ports will invest a further GBP10 million (USD13 million) into its Great Yarmouth site, which is being repositioned as the port of East Anglia.
The extra funds will be used to redevelop the port’s Northern Terminal, helping to accommodate the next generation of major offshore wind projects across the region.
Earlier this year, HLPFI reported that Peel Ports would make a substantial investment into its Southern Terminal with up to GBP60 million (USD78.8 million) earmarked to transform capacity and improve efficiencies. A deepwater terminal would feature a ro-ro ramp, heavy lift pad and around 10 ha of strengthened outdoor storage space.
David Huck, chief operating officer at Peel Ports Group, said: “It’s fantastic to finally launch the port of East Anglia and commit additional investment to enhance its operations. We see this change as a reflection of our confidence in the wider region, as well as our long-term commitment to supporting the area’s growth.”
In September 2025, Peel Ports revealed its plans to invest GBP100 million (USD135.5 million) to expand its national steel and metals multimodal hubs.
