Tees Business Tees Business issue 19 | Page 78

78 | Tees Business By Michael McGeary Free Ports: A generational opportunity for Teesside O pening up a Free Port is a unique opportunity that would benefit not only the current Teesside workforce but their children and grandchildren as well. That’s the view of Jerry Hopkinson, chief operating officer and vice chairman of PD Ports, the statutory harbour authority for the River Tees, which is getting behind a campaign that’s gathering momentum as the UK prepares to leave the European Union on October 31. Prime Minister Boris Johnson is a firm supporter of the idea, saying the low-tax, deregulated zones are “an excellent way to boost business and trade”. And Jerry, who has spent his working life with PD Ports, which employs some 1,250, says no other UK location has more potential to benefit from Free Port status than Teesport. PD Ports operates a warehouse business in the ports of Immingham and Felixstowe as well as a series of short seaports on the Humber, the Trent, the Ouse and the Isle of Wight. Its headquarters are located in grand offices in Queen’s Square, Middlesbrough, which have been the home of the statutory harbour authority since the turn of the 20th century. PD Ports COO speaks out on “profound case” “I can’t think of a better case for the granting of Free Port status than here on Teesside,” says Jerry. “We have one of the deepest rivers in the UK and can take some of the world’s biggest ships. We currently handle more than 30m tonnes of cargo. When North Sea oil was flowing through the ConocoPhillips refinery at its peak and steel was manufactured here, our biggest year was about 55m tonnes. Even then, we could see there was substantial additional latent capacity. “Depending on the cargo, we think this river has a capacity of more than 80m tonnes – which is very substantial indeed.” But that’s not all. Teesside’s industrial heritage includes a vast expanse of brownfield land that could service the manufacturing opportunities Free Port status could bring. “On the south bank alone there’s around 4,800 acres of land, principally the site of the former steelworks,” says Jerry. “The gateway into that is Teesport, a large, modern port that has attracted over £1bn of new investment to the Tees Valley in recent years. The creation of a Free Port isn’t simply about Teesport; it is more about what it will bring to the wider region. “We also have a skilled workforce and there is an appetite across the region to invigorate industry and see greater investment and development. All those elements combine to make a profound case.” Free Ports are possible within the EU but are subject to legislation governing competitive practices between member states. If the UK leaves the EU without a deal it would allow the most developed Free Port model to be introduced. “Irrespective of your view, it’s a fact that if we leave without a deal, the Free Port opportunity becomes eminently deliverable,” he says. “However we can deliver industrial infrastructure on Teesside without having a Free Port because we still