ABP Says Opens New Bulk Terminal at Scottish Port
A new dry bulk commodities terminal was reportedly inaugurated at the west Scotland port of Ayr.
Sea Containers Acquires Part of Silja
Sea Containers Ltd. passenger transport operator, marine container lessor and leisure industry investor, today announced that it has increased its shareholding in Silja Oyj Abp from 50 percent to 75.32 percent effective June 20, 2002 through the issue of 2,474,196 Sea Containers Class A common shares in payment for the Silja shares acquired. The increase in share capital is expected to be anti-dilutive. On June 25, 2002 a Sea Containers subsidiary, Silja Holdings Ltd., announced that it had launched a tender offer for the remaining shares in Silja Oyj Abp as well as for Silja’s outstanding Convertible Bonds which have a par value of Euro 55.5 million. The offer is Euro 2.25 for each common share and 92.4% of the par value of the bonds.
ABP Invests £5 mln in Centre at Grimsby Port
ABP has confirmed £5 million investment in a purpose-built Marine Control Centre at the Port of Grimsby. The new facility, which will be arranged over four floors, will replace the existing Vessel Traffic Services centre at Spurn Point, which has become increasingly difficult to access by land because of the progressive deterioration of the peninsula. ABP Director Humber Simon Bird said: “The Spurn Peninsula is now as low-lying and unprotected as at any time in living memory and maintaining road access has been difficult.
ABP Shares Surge After Buyout Approach
Shares in Britain's biggest port operator, Associated British Ports Holdings Plc, were nearly 20 percent higher Tuesday after officials reported the company had received a buyout approach that significantly undervalued the company. ABP did not say who made the informal offer, but advised shareholders to take no action. Industry sources said the approach, worth about $1.6 billion, had been made by Nomura International, the London-based investment bank arm of Nomura Securities Co. Ltd., Japan's biggest securities house. Nomura has a reputation for acquiring underperforming businesses, restructuring them and then selling them.
ABP Locks Long-Term Deal With P&O
Associated British Ports Holdings Plc (ABP) agreed to a long-term deal with P&O North Sea Ferries for the provision of a new state-of-the-art passenger terminal at the Port of Hull in north England. The terminal will accommodate the world's largest super-cruise ferries, being built by Italian shipbuilders Fincantieri, which are due to be delivered in April and December 2001.
Southampton Port to Take off with New Boss
As announced in November, Nick Ridehalgh, Associated British Ports (ABP) Director Southampton, is stepping down from his role and from ABP, with his last day Friday, 8 April. Alastair Welch, who has extensive experience of the transport sector, including Heathrow’s Terminal 4 and London Southend Airport, will shortly be joining ABP as Director, Southampton. ABP Chief Executive James Cooper said: “I would like to thank Nick for his service to ABP and the Port of Southampton and wish him well for the future.
ABP Southampton Gets New Marine Services
Associated British Ports’ (ABP) Port of Southampton and VT Halmatic have signed a marine services contract. VT Halmatic will provide a Fleet Contract Hire Scheme to ABP Southampton, one of the UK’s largest and busiest ports. ABP Southampton’s existing pilot, survey and patrol fleet comprising seven vessels will be procured by VT Halmatic and leased back on a fully supported contract for ten years, incorporating a six-vessel replacement programme. The first replacement vessels will be delivered to ABP’s Gosport Pilotage Station before the end of 2003 with further vessels coming on line over the duration of the contract. The new pilot cutters will be the well-proven Halmatic Nelson 48/50.
ABP Awards Transas VTS Contract
Transas Marine (UK) Ltd. has recently gained a contract to supply a Vessel Traffic Services (VTS) system for Associated British Port’s (ABP) South Wales Ports - Cardiff, Barry, Newport, Swansea and Port Talbot. The contract was awarded by ABP South Wales after extensive market assessment and a comprehensive tendering procedure. The Transas VTS system meets ABP’s primary requirements and responsibilities as the Statutory Harbour Authority for its ports, which are the management of shipping, the safety of navigation for all harbour users and the protection of the marine environment. The new system will support ABP by providing the duty Marine Officer with navigational information such as vessel position, vessel movements, timings and speed.
Blyth Workcats Wins ABP Survey Boat Contract
At the Seawork International Exhibition in Southampton, Blyth Workcats Ltd announced that Associated British Ports (ABP) has awarded it the contract for a new 14-metre survey vessel to be built at the company’s yard on Canvey Island, Essex, UK. The new boat will be based on one of Blyth Workcats’ established survey craft models but built to a bespoke design detailed to meet the specific requirements of ABP’s hydrographic surveyors. The vessel will be based in Hull and used for survey operations throughout the Rivers Humber…
Aker Yards and Viking Sign LOI
The LOI for a fast passenger/car ferry signed on November 21 by Aker Yards and Viking Line Abp was today confirmed as a firm contract worth approximately 120-130 million euro. The contract includes options for two similar vessels. The vessel intended for the Helsinki-Tallinn route will be 185 m long and 27.7 m wide, taking 2,500 passengers. The vessel will reach a speed of 25 knots driven by 40 MW engines.
ABP orders Two Gottwald cranes
Terex Port Solutions (TPS) has received an order from Associated British Ports (ABP) for two electric Terex Gottwald Model 8 portal harbour cranes in the G HSK 8424 B four-rope grab variant. The leading British port operator has ordered the two machines for its terminal in Immingham, located on the North Sea estuary of the Humber. The cranes have been adapted to the individual conditions of the terminal and are particularly efficient as they are driven with power from the terminal’s own electricity supply.
Post-Brexit Exclusion From EU Ports Plan Could Help British Terminals
British ports could gain a competitive edge in tough shipping markets through post-Brexit exclusion from planned European Union regulation of the sector, leading British port officials told Reuters. Last month's vote to leave the EU means that British terminals are set to escape the proposed Ports Services Regulation that critics have said would hit UK ports unfairly because most are privately funded, while many of their European counterparts receive financing from local authorities. The mooted EU-wide rules cover port services such as piloting but also include port charges and exemptions for state aid, which would add to cost pressure on UK operators while eroding their ability to control prices. "I am reassured that if there is one benefit (from Brexit) ...
ABP Named 'Business of the Year'
Associated British Ports (ABP) has been named Business of the Year at the Rail Freight Group awards last night. Judges hailed ABP’s record of innovation in the freight sector, particularly the Immingham Renewable Fuels Terminal (IRFT) on the Humber, the UK’s most technically advanced biomass handling facility. The £130m terminal was also runner up in the Technical Development award category. Tony Berkeley, RFG Chairman, said: “ABP is a well-deserved winner of the business of the year award.
King’s Lynn, Ipswich Ports Record Grain Exports
ABP’s ports of King’s Lynn and Ipswich have handled record levels of grain exports. Following extensive levels of investment in facilities, both ports enjoyed the highest number of exports in the month of August. A strong harvest has seen more than 47400 tonnes on behalf of FennGrain and Openfield pass through King’s Lynn in August, surpassing the previous record by 715 tonnes. This follows significant investment by ABP and its customers in both storage facilities and handling equipment.
Kalmar's K-Motion System Reachstackers for Immingham CT
Kalmar, part of Cargotec, has announced a contract to supply Immingham Container Terminal in the UK with four Kalmar Gloria reachstackers equipped with new Kalmar K-Motion technology. The units are part of a significant investment by Associated British Ports (ABP), who are modernising their fleet to meet the growing demand for short sea container transit at the port. The four new Kalmar DRG450-65S5X reachstackers featuring K-Motion will provide a significant reduction in operating costs for the terminal.
Kalmar Gloria Reachstackers for Associated British Ports
Kalmar, part of Cargotec, will deliver two Gloria reachstackers to the Hams Hall Rail Terminal in Birmingham, operated by Associated British Ports (ABP). The order was signed in August 2014 with delivery in December 2014. The deal will enable ABP to continue to meet key performance indicators for its blue chip customers, including a tight 30-minute turnaround time. Both machines will be supplied with Kalmar's unique integrated ground-stabilizer system, which increases the capacity of the machine in second and third rail operations.
New Vessel Traffic Equipment at ABP Southampton
Associated British Ports marked the latest in a series of multi-million dollar investments in the port of Southampton by inviting the Rt Hon John Hayes CBE MP to open its brand new vessel traffic service (VTS) operating room, (September 21). The Minister of State at the Department of Transport was in attendance as Britain's leading ports company revealed its $5.2m investment in a new office with state-of-the-art equipment at Ocean Gate, Southampton, which will be manned on a 24/7 basis.
ABP Marine Conference at Port of Ipswich
The Port of Ipswich is hosting Associated British Ports’ (ABP) two-day annual Marine Conference for the first time starting today. Held at the Old Custom House on the Ipswich waterfront, the conference is an annual event for more than 30 marine professionals who represent all 21 of ABP’s ports across the UK. The focus of this year’s conference is to investigate current development in the industry, share experience and set the course for the year ahead. ABP Director Short Sea Ports…
DP World Now Sole Owner of Southampton Box Terminal
Dubai-listed ports operator DP World has became sole owner of the company which operates Southampton container terminal after it bought the remaining 49 percent stake held by Associated British Ports (ABP), the company said on Monday. DP World also said it extended the license agreement for DP World Southampton for another 25 years until 2047. The company did not disclose how much it paid for ABP's stake. Associated British Ports is Britain's leading port operator, with ports in England, Scotland and Wales. Reporting by Hadeel Al Sayegh
DP World's Southampton Licence Extended
DP World Limited announces that it has agreed with Associated British Ports (ABP) to extend the license agreement for DP World Southampton for a further 25 years until 2047. Simultaneously, DP World announces that it has acquired the remaining 49% stake in DP World Southampton from ABP, making DP World the sole owner of the business. “We are delighted with the 25 year extension of the license agreement for DP World Southampton, which is one of the most efficient terminals in the UK and the only deep-sea container terminal on the south coast of England…
Kongsberg Norcontrol IT Completes Upgrade
the Humber Estuary VTS. by Associated British Ports (ABP) Hull & Goole to ensure safety of navigation as shipping traffic in the region increases year on year. and extended the system in 1997 with a new Radar at Stone Creek and remote displays at King George dock Hull, data centre Hull, and Immingham. An AIS base station was later added at Spurn Point in addition to further Radar upgrades by ABP. Kongsberg Norcontrol IT has now updated the complete system to the latest version of its VTMIS5060 at Spurn, Immingham and Hull. Spurn Point continues to provide the Humber Estuary VTS Centre functions, while Immingham has been configured for Disaster Recovery and Emergency operations.
Port of Hull Opens Multi-purpose Warehouse
Investment of more than £4 million in a purpose-built facility for the storage of dry bulk cargoes has given Associated British Ports’ (ABP) Port of Hull a pioneering multi-purpose warehouse facility which will be used to store biomass. The building, which took almost a year to construct, boasts a range of features which makes it the only one of its kind in operation in the UK. ABP Dry Bulks Manager, Craig Barbour said: “ABP really is leading the way in wood pellet storage in the UK following the £130 million investment in dedicated handling facilities in both Immingham and Hull.
Work on Green Port Hull Alexandra Dock Underway
Construction work on the Green Port Hull Alexandra Dock site is progressing well and is on schedule for an early 2017 completion, Associated British Ports (ABP) has announced. The 54-acre site, which ABP and its main contractor GRAHAM Lagan Construction Group Joint Venture (JV) are preparing for Siemens’ offshore wind turbine manufacturing facility, is being transformed in Hull’s biggest engineering project since the port was built. The enabling works undertaken by ABP and their contractors are worth £150 million.