Peel Ports Group, the UK’s second largest port operator, is to invest a further £10M (US$13M) in its Great Yarmouth site, which is being rebranded as ‘Port of East Anglia’
The £10M investment brings the total the company has invested this year at Great Yarmouth to £70M. The new money will be used to redevelop the port’s Northern Terminal, helping to accommodate the next generation of offshore wind projects.
The company said the name change reflects the group’s growth ambitions and signals the next phase of development for the port.
Earlier this year, a substantial investment in the Southern Terminal at Great Yarmouth was announced by the group, which has earmarked £60M to transform capacity and improve efficiencies.
The plan for the Southern Terminal area will ensure the port can support multiple hydrogen, carbon capture, offshore wind and nuclear energy projects. The site is home to one of the deepest non-tidally restricted facilities on the UK east coast. Its existing terminals service a range of customers, including infrastructure projects such as Sizewell C and offshore energy projects in the southern North Sea.
The company said the new name also aligns with the creation of a new combined authority for Suffolk and Norfolk, which was announced earlier this month. It will come into effect in early 2026.
Peel Ports chief operating officer David Huck said, “Great Yarmouth has and continues to play a key role in the UK’s energy transition. We have committed so much investment into the site to ensure we can deliver what is needed. We want to improve capabilities to ensure the port remains at the forefront of the energy sector for generations to come.”
Riviera’s Offshore Wind Journal Conference will be held in London on 2 February 2026. Use this link for more information and to register for the event.
Events
© 2026 Riviera Maritime Media Ltd.