New multi-million pound ro-ro terminal for port of Tilbury gets the green light

Port of Tilbury has been given the go-ahead to build a multi-million pound terminal opposite its current site on the Thames.
Following approval of a development consent order (DCO) by transport secretary Chris Grayling, construction is set to commence within weeks.
Chief executive Charles Hammond said the Tilbury2 project would be “great” for the UK, and added that country “needed its ports more than ever”.
“Tilbury2 will deliver much needed port capacity to …

The post New multi-million pound...

https://theloadstar.co.uk/new-multi-million-pound-ro-ro-terminal-for-port-of-tilbury-gets-the-green-light/

Shareholder PSP buys majority stake in Forth Ports from Arcus European

Forth Ports, owner and operator of eight UK ports including Tilbury and Grangemouth, is under new ownership.
Arcus European Infrastructure Fund has sold its shares to the Public Sector Pension Investment Board (PSP).
While it is unlikely to change operations at the ports, Charles Hammond, group chief executive for Forth Ports, said: “PSP is already a long-term, committed shareholder and this new investment ensures continuity for the business as we evolve to meet …

The post Shareholder PSP buys...

https://theloadstar.co.uk/shareholder-psp-buys-majority-stake-forth-ports-arcus-european/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon