Associated British Ports (ABP) has launched its plans for South Wales in its Future ports: Wales vision.
The sea change strategy outlines a decarbonised future and now the focus is on Port Talbot.
ABP has five ports in South Wales, Swansea, Port Talbot, Barry, Cardiff and Newport.
They played a key role in the creation of the modern industrial world and looking ahead, ABP recognises they will now need to play a pivotal role in Wales’ transition to a low carbon economy.
During the Future ports: Wales vision launch Andrew Harston, Director ABP Wales and Short Sea Ports said: "We need to imagine a changed world, understand its opportunities, and focus on the outcomes we need. We cannot make hard and fast predictions, but we can sketch the outlines of what needs doing. We need a new approach to realise the huge potential of Wales’ strategic port locations; to build the foundations of a new cycle of innovation and prosperity and time is of the essence."
One of the key opportunities ABP is keen to seize is the potential to create a floating offshore wind (FLOW) centre of excellence in the Celtic Sea. The Port of Port Talbot is well positioned to do so and has the deep waters required. Port Talbot also has brownfield land ready for development, excellent rail connections, proximity to steel, marine and aggregates and access to thousands of skilled workers.
The port of Port Talbot is currently predominantly used for imports of coking coal, minerals and ores for Tate Steel. ABP plans to work with the steel giant and others to make its vision a reality.
Chairman of the Tata Steel UK board, Sandip Biswas, said: "The port is a vital connection for us allowing the direct import of raw materials for steelmaking.
We are excited to see ABP developing its vision for the future and look forward to working closely with ABP to realise these plans. It is only by working together in partnership that we can all develop a better, more sustainable, world for the future."
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