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Home Ports and Shipping

UK Port to receive multi-million boost

byCT Report
19/02/2016
in Ports and Shipping
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LONDON: In a bid to expand the Port of Dundee, Forth Ports, which are the company that own the port, has announced that an investment of US$14 million will put it at the forefront of the oil and gas decommissioning and offshore wind sectors, according to the BBC.

Charles Hammond,  CEO of Forth Ports, said: “This is an important, privately funded investment for the Port of Dundee, which is ideally placed to service the needs of North Sea oil and gas, decommissioning and Scotland’s offshore wind sector over the coming years.

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“The port’s existing skills base and location, combined with its riverside berths, deep water and rock river bed, put the port in a key position to become a hub for these sectors for construction, operations and maintenance and for decommissioning.”

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