Latest news from Heavy Lift & Project Forwarding International Magazine

Blyth banks expansion investment

The port of Blyth in the UK has announced a GBP12 million (USD16 million) banking facility with Lloyds Bank that will enable the next phase of its expansion.

The port is set to make major investments in its terminal infrastructure and the construction of warehousing facilities, as well as strengthening quays and installing new cranes, to support clients in the offshore energy, dry and liquid bulk sectors.

Chief executive of the port, Martin Lawlor, said: "We will shortly begin work to join our Bates and Wimbourne Quay terminals in order to offer clients a more flexible and future-proofed single terminal, while work to develop both our dry bulk handling and offshore decommissioning offerings at our Battleship Wharf terminal will follow."

According to the port of Blyth, developments in recent years have encouraged the arrival of major clients including Royal IHC, Global Marine Group and Deep Ocean.

 

www.portofblyth.co.uk

Heavy Lift | News

DP World commits to Kazakhstan thumbnail image

DP World commits to Kazakhstan

March 11 - Dubai-headquartered DP World has reaffirmed its intention to invest in new port and logistics infrastructure in Kazakhstan, following the signing of two framework agreements relating to special economic zones (SEZ) in Aktau and Khorgos.
Views: 1221
High five for Vladivostok thumbnail image

High five for Vladivostok

February 28 - The Commercial Port of Vladivostok, part of the Fesco Transportation Group, will receive five port cranes in 2020.
Views: 2166
Oaktree invests in Watco thumbnail image

Oaktree invests in Watco

January 9 - Oaktree Capital Management has formed a strategic partnership with Watco Companies that will see the Los Angeles-based private equity firm invest USD450 million in the Kansas-heaquartered transportation company.
Views: 3285

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.