Located on the south bank, near the mouth of the River Tees, Redcar Bulk Terminal is the east coast’s deepest water marine terminal.
Capable of handling vessels with drafts up to 17 metres, the 320-metre quay is equipped with two rail mounted gantry cranes with both grab and hook capability, offering bulk discharge rates in excess of 40,000 tonnes per day.
A 320-acre terminal storage area lies immediately adjacent to the quay, providing short and long-term storage for a variety of bulk cargoes as well as assembly and disassembly of large conventional and offshore wind projects. The terminal also offers separate rail handling facilities for rapid loading and off-loading and enjoys direct access to the UK rail and road networks.
Tax zones offer incentives to businesses such as no stamp duty, full business rates relief for up to ten years and enhanced allowances for construction and machinery investment.
Businesses within customs zones will receive a range of tariff benefits, including duty deferral while the goods remain on-site and suspended import VAT on goods entering the customs zone.