Glasgow-based Cefetra Ltd, the agricultural trading giant, has signed a 10-year deal with Associated British Ports (ABP) at its Port of Immingham on Humberside, the largest UK port by volume of tonnage.

Cefetra Ltd, the agribulk importer of grain and wheat products, has been at Immingham for nearly 30 years, and the new contract secures substantial storage space at the port, reinforcing the company’s long-term commitment to the location.

Cefetra Ltd is one of the biggest traders of grains and animal feed raw materials in the UK and Ireland, supplying customers across the animal nutrition, food and drink industries, including dairy, beef, poultry, pork and bakery.

Founded in 1992, the company handles around five million tonnes of raw material annually and has an annual turnover of more than £1 billion.

Cefetra has headquarters in Glasgow and regional offices throughout the UK.

Paul Litten, Head of Commercial for ABP in the Humber said: “Securing this ten-year agreement with Cefetra Ltd is an important endorsement of the strategic role the Humber plays in UK supply chains.

“By combining extensive storage capacity with efficient cargo handling and direct access to markets, we can provide customers with the infrastructure and expertise they need to operate successfully. We are proud to be extending our partnership and look forward to building on that success.”

James Neilson of Cefetra Ltd said: “This ten-year agreement reflects our commitment to providing a reliable service to our customers and gives us a strong foundation to plan for the future. Immingham is an important part of our UK supply network, helping us keep raw materials moving efficiently to the businesses that depend on them.

“We value the strong working relationship we have built with ABP and the team at Immingham and look forward to continuing that partnership over the coming decade.”

ABP’s four Humber ports – Immingham, Grimsby, Goole and Hull – make up the UK’s biggest gateway for trade by volume, handling over 50 million tonnes of cargo each year worth more than £60 billion.