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Peel Ports enters contract with agribulk leader

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Dry Bulk,


Peel Ports Group has signed a long-term contract with global animal feed trader and supply chain leader ADM Arkady. ADM Arkady, which is part of the Archer Daniels Midland Company – one of the world’s largest agricultural processors and food ingredient providers – is to partner with Peel Ports Group to develop its Glasgow port facilities and significantly expand its northern hub operations in Liverpool.

For ADM Arkady, the contract will enable it to consolidate its regional imports, better servicing its north of England and Scotland markets, and could see a combined throughput of 1 million t of animal feed imports each year.

Graham Atkinson, Managing Director of ADM Arkady, said: “These two new deals further strengthen the relationship between Peel Ports Group and ADM Arkady. Combining Peel Ports Group’s extensive port network and expertise in handling and warehousing together with ADM’s global supply chain makes an unbeatable partnership that will benefit UK agriculture in the coming years. With the scale and efficiencies that these new port arrangements provide we are confident that we can bring the highest quality feedstuff products into the UK at prices that deliver best value to our customers.’

Mark Whitworth, CEO of Peel Ports Group, said: “Our long-term agreement with ADM Arkady is a welcome boost to operations in Glasgow and Liverpool. We are in the process of finalising plans for the storage and distribution facilities to accommodate ADM Arkady’s business model.

“With strategic port locations in the north of England and Scotland we are in a unique position to work with ADM Arkady as it continues its growth in the UK, helping create an efficient, more cost-effective supply chain for its products and customers.”

The contract with ADM Arkady will replace a previous contract with Cefetra Ltd to handle its agribulk operations out of Glasgow. According to the Group, following a comprehensive review, Peel Ports and Cefetra came to a mutual agreement not to renew their contracts at KGV in Glasgow.

Read the article online at: https://www.drybulkmagazine.com/ports-terminals/10042018/peel-ports-enters-contract-with-agribulk-leader/

 

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