AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

Canal grant

9th July 1983, Page 13
9th July 1983
Page 13
Page 13, 9th July 1983 — Canal grant
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

THE FIRST Government gra aimed at taking traffic off ti roads and on to waterways h been given to Millgate lnve ments of Gainsboroug Lincolnshire.

The Section 36 Grant (CM J'. 2) is worth £360,000 and will I used for reinstating and ma ernising a disused wharf on ti River Trent at Gainsborough ai for erecting new retaining wal dredging, unloading equipme and storage capacity.

Commenting on the grai Transport Minister Torn Kii said: "I want freight to go waterways wherever it mak sense. So I am delighted th one of my earliest acts as Trar part Minister is to award the fi water freight facilities gra. demonstrating the Gover ment's determination to ma effective use of the 1981 Act a our continuing commitment reducing the effects of the lip' in their new venture."

He said he was unhappy tt more companies had not cor forward with requests for grar and called upon industry to ta advantage of them to put mc business on the waterways.

Millgate Investments said ti the new wharf will allow it save 50 miles of road travel transhipping bulk cargoes su as steel, cement, paper bah timber and grain, at Gainst rough.

Some of these cargoes v then be moved into smal vessels for onward movement depots at Saxilby, Lincolnsh and Nottingham, so reduci the movement by heavy lorrie

• The British Waterways BOE Annual Report announced tha was experiencing a surge trade back to the canals, quoti canal rates £3 cheaper per t on goods carried than by road