December 22 - Aberdeen Harbour Board has signed a contract with Dragados UK for the construction of additional facilities at Nigg Bay to the south of the existing harbour in Scotland.
Alistair Mackenzie, chairman of Aberdeen Harbour Board, signed the deal with Daniel Paunero Alonso, managing director of Dragados Scotland, on December 20.
Project construction is due to commence in the spring of 2017, with a scheduled completion date of summer 2020.
The Port of Aberdeen's GBP350 million (USD431.6 million) expansion project aims to position the UK gateway to handle larger vessels from a range of industries, including the offshore decommissioning sector.
The new facilities will include 1,400 m of new quay with a water depth of up to 10.5 m and the creation of an additional 125,000 sq m of laydown area.
An artist's impression of the expanded harbour.