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Tagged in investment
Babcock invests in technically advanced shipbuilding facility
Babcock, the Aerospace and Defence company, has awarded a £31.5 million contract to Robertson Construction for the development of a new Assembly Hall at its Rosyth site. The construction project will support circa 100 positions locally in Scotland …
Dec 14, 2020 / Curious
Cargill expands biodiesel production in North Sea Port with ground-breaking project
North Sea Port attracts more green investment. Cargill is pumping more than 125 million euros into the construction of a new factory at its Ghent site. It will use innovative technology to produce biodiesel from waste and residues. This represents a …
Nov 2, 2020 / Curious
ABP invests to enhance operations at Port of Newport
As the UK continues to come to terms with the economic impact of the Coronavirus pandemic Associated British Ports (ABP), the UK’s leading and best-connected port operator, has invested nearly £4 million in new equipment to enhance operations at the …
Aug 25, 2020 / Curious
Port of Helsinki receives five million euros of investment aid from the EU
The Port of Helsinki Ltd has received financial support from the EU for the Helsinki port investment projects on the Helsinki–Tallinn and Helsinki–Travemünde routes, as well as for installing an onshore power system for the Hernesaari cruise …
Jul 17, 2020 / Finance
FLNG Gimi Force Majeure claim
Gimi MS Corp., a subsidiary of Golar LNG Ltd (Nasdaq: GLNG), received written notification of a force majeure claim from BP Mauritania Investments Ltd (BP) under the Lease and Operate Agreement, dated February 26, 2019, between the Company and BP, …
Apr 8, 2020 / Vessels
Nordic Investment Bank Continues Partnership With KN
The Nordic Investment Bank (NIB) and Lithuanian liquefied natural gas (LNG) and oil terminal operator AB Klaipėdos Nafta (KN) have signed a 25-year loan agreement to finance the purchase of a floating storage regasification unit (FSRU) for LNG …
Mar 10, 2020 / Vessels
Cruise upgrade reaches milestone at the Port of Southampton with double air bridge delivery
The Port of Southampton has reached a crucial milestone with the upgrades to Ocean Cruise Terminal following the arrival of two new air bridges.The arrival of the two multi-million pound air bridges, as part of the investment partnership with …
Jan 13, 2020 / Cruise
Port of Newcastle: Further investment uncertainty for Hunter coal industry
The Hunter coal industry faces further investment uncertainty in relation to one of Australia’s most important export gateways following the announcement today of further legal action appealing against the relevant competition body’s decision …
Nov 28, 2019 / Curious
New business flows into Port of Sunderland
A UK manufacturer is set to invest millions and create new jobs in manufacturing and distribution roles with the opening of a new purpose-built terminal at Port of Sunderland.Brineflow Limited, which is a leading manufacturer of liquid nitrogen …
Oct 29, 2019 / Curious
Belfast Harbour invests £40m to upgrade container terminal
Belfast Harbour yesterday revealed details of a £40m investment programme to upgrade its container terminal at Victoria Terminal 3 (VT3) which connects Northern Ireland’s businesses to global markets through the European hub ports of Rotterdam and …
Oct 2, 2019 / Finance