Peel Ports has opened an 80,000 sq ft warehouse for plywood storage on the quayside at Seaforth in the Port of Liverpool.
Peel's construction of the temperature-controlled unit comes six months after its deal with Westfal-Larsen Shipping to bring combined shipments of steel and plywood into the port on a new Far East service.
Peel said the terminal would radically reduce costs and increase efficiency for construction firms operating in the north of the UK.
UK demand for plywood from builders and merchants is met entirely from imports, predominantly from the Far East via the Port of Tilbury. The product is then distributed nationally by road or rail, adding cost and contributing to carbon emissions.
The investment in the facility at the Port of Liverpool will allow firms anywhere north of the Midlands to benefit from substantial cost savings.
Roy Merryweather, business development manager at Peel Ports said: "This is an opportunity for us to increase our share of a growing market. The construction sector beyond London and the South East is finally emerging from recession and expanding rapidly and as a result we have seen substantial UK-wide increase in demand for plywood.
"Our decision to invest in this new, bespoke terminal reflects our commitment to customers and our determination to reinforce the strategic importance of the Port of Liverpool."