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04 August 2020 The on-line newspaper devoted to the world of transports 14:04 GMT+2

June 4, 2012

UK port operators blast Government over £35m Liverpool grant
Britain's leading port operators are up in arms over a Government decision to give conditional approval to a £35m grant that they claim skews the market in favour of Liverpool's Peel Ports.

By Alistair Osborne

Rival port companies argue the grant contravenes the Government's stated policy for the industry, published in January, that stresses how private companies compete “without subsidy”.
Peel, which runs the Mersey ports, stands to be the major beneficiary of an application by Sefton Borough Council for money from the Regional Growth Fund to help finance a dredging project. The channel deepening is associated with Peel's plans to build a new £226m container terminal capable of handling some of the world's biggest ships ......

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