The UK-based Peel Ports Group has launched the second phase of its expansion programme at Liverpool2, dubbed one of the world’s most modern shipping terminals. The company, which is the owner of the Port of Liverpool, is to invest in equipment and port infrastructure works to expand the terminal and introduce new port technology solutions.This latest phase will include the installation of three more ship to shore cranes (STS) and 10 cantilever rail mounted gantry cranes (CRMG). These will add to the previous five STS cranes and 12 CRMG cranes installed as part of Phase 1 which was opened in November 2016.Liverpool2 will have the capacity to manage the unloading of two 380-meter-long vessels simultaneously. There will also be additional reefer points installed to allow the terminal to handle even greater quantities of refrigerated containers at the Port of Liverpool.Launched in November 2016, Liverpool2 represents a GBP 400 million (USD 519.7 million) investment that provides a state-of-the-art ocean gateway for international trade to and from the UK.“This is an important step in the development of Liverpool2 and reflects our confidence and our long term commitment to positioning the North of England as a competitive route to international markets and a major port for global trade,” Mark Whitworth, CEO of Peel Ports, said.“The development of the project programme is now well underway. We are currently preparing the outline designs and would look to be in a position to appoint construction partners in spring of next year, with a view to commencement of construction shortly after. We anticipate a completion date for Phase 2 in 2019,” Whitworth added.