PD Ports/BBI vote of confidence in Multimodal 2009!

PD Ports is a leading ports and logistics service business, based in the North of England, and operating throughout the UK from bases at many key UK ports and logistics centres.

PD Ports has port operations in the Tees and Hartlepool, Hull, Grimsby, Immingham, Howden, Keadby and Cowes. It has logistics operations in Billingham, Middlesborough, Newcastle, Scunthorpe, Felixstowe, Tilbury and Meerhout in the Netherlands.

PD Ports also manages a substantial property portfolio comprising both operational property, used for PD Ports' own docks activities or leased to third parties, and non-operational property, which management believe will continue to provide sale and development opportunities. The most significant future property development opportunity is the Victoria Harbour project at Hartlepool.

PD Ports is owned by Babcock & Brown Infrastructure Limited (BBI), an investor in quality infrastructure assets and listed on the ASX Stock Exchange in Australia.