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Issue:- 09 January 2013

INDEPENDENT CONTAINER LINE MOVES TO 1ST CITY CENTRE LOCATION IN LIVERPOOL WATERS

ICL Agencies UK Limited, wholly owned UK arm of Independent Container Line, has moved into its 1st Central Liverpool location after taking office space at Peel owned Princes Dock, Liverpool Waters.

The company, previously based in Waterloo, has signed a lease for 7,000 sq ft of office accommodation at No. 12 Princes Dock. ICL provides specialist international container transportation between Northern Europe and the United States, with vessels calling into the Port of Liverpool every Friday. Established in 1985, ICL is headquartered in Glen Allen, Virginia.

Paul Sanders, General Manager of ICL Agencies UK, said on 2 January 2014:- "Having a modern central-Liverpool location is perfect for the company as it allows us to be closer to our client base and the business hub of the City. Our new office gives us a fantastic view over the Liverpool waterfront and is perfectly suited for our needs as the organisation grows."

Liza Marco, asset manager at Peel, said:- "ICL is a renowned international shipping company and we are pleased to welcome them to Princes Dock, Liverpool Waters. The uninterrupted views of the River Mersey and the back drop of the dock basin provides organisations associated with the shipping industry the ideal setting for both their employees and visiting clients. ICL are the 5th maritime related organisation to choose Princes Dock as their Liverpool base and we are keen to continue this momentum."

Princes Dock, Liverpool Waters is a hub of business activity set in 14.5 hectares within the £6 billion redevelopment scheme on Liverpool waterfront.

Liverpool Waters received Central Government approval for its planning permission in March 2013. The Liverpool Waters vision involves regenerating a 60 hectare historic dockland estate to create a world class, high quality, mixed use waterfront quarter in central Liverpool.

Princes Dock is located adjacent to the Liver Building alongside the cruise liner facility. The Leeds and Liverpool canal extension passes alongside. There are more than 2,500 people employed within Princes Dock with occupiers including Coutts Bank, PricewaterhouseCoopers, KPMG and Atlantic Container Lines. Occupiers benefit from on-site parking, 24 hour security, a dedicated on site maintenance team, on site member health and leisure club, convenience store, cafe, bars, restaurants and a day nursery.

Did you know that:-
In addition to 3 Grade A office buildings, Princes Dock is home to 2 high quality hotels; the Crowne Plaza and Malmaison; 3 luxury apartment towers and a 760 space multi storey car park?

OFWAT FIDDLES WITH "MARKET REFORM" FOR "SCARCE" RESOURCES IN MONOPOLY WATER INDUSTRY AS BRITAIN FLOODS SAYS GMB

GMB, the union for water workers, commented on the new consultation launched by OFWAT on 2 January 2014, about a blueprint to introduce market reforms to tackle overcharging in the water industry. See notes to editors for OFWAT open water programme and GMB release on overcharging in the industry.

Eamonn O'Hearn Large, GMB National Officer for water industry, said:- "OFWAT's starting points to regulate this industry are 180 degrees removed from reality. 1st OFWAT claim that water is a scarce resource and its use by consumers should be curtailed by metering and the price mechanism. This claim is total nonsense. We use less than 2% of the rain that falls in the UK. The rest runs out to sea as the increasingly flooded rivers shows. This spurious claim for scarCity covers up the failure by water companies to collect enough water and the closure of reservoirs where land was sold for development to enrich the private equity owners of the industry. 2nd while parts of Britain is flooding OFWAT is starting consulting on a blueprint for retail competition in water claiming that this will mean more choice, better service for business customers from water suppliers. Water is a natural monopoly and no consultations will change this. You would think they would learn from "the market" in the energy sector. The truth is that OFWAT are fiddling with market reforms in a monopoly water industry as Britain floods and consumers are ripped off. The only way to stop this rip off is to create a level playing field for consumers. This means re-nationalisation of this natural monopoly and this has to be a top priority for the next Labour Party election manifesto."

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