January – March 2023 News Roundup
3:20 pm, Friday, 30th June 2023 - 8 months ago
The first three months of 2023 has seen positive steps taken forward in proposed key project that will strengthen the regions position and reputation in the ports, logistics and renewable energies sectors.
Immingham Eastern Ro-Ro Terminal
The development consent order application for Immingham Eastern Ro-Ro Terminal, the £100 million port expansion from ABP was submitted in January and as reported on Business Live, a positive response was received in early March.
The application for the freight-focused ferry terminal on the south Humber bank will now be considered by the Planning Inspectorate, with a decision anticipated ahead of summer 2024.
A total of three berths have been included to welcome North Sea container traffic, boosting capacity with the ability to handle 800,000 units of North Sea-crossing cargo a year, with potential for weekend passenger trade also factored in.
Construction Agreement for Proposed Humber Green Jet Fuel Plant
The company behind a huge green jet fuel plant set to be built on the South Humber Bank has entered into a major collaboration with one of the biggest construction firms in the world.
US engineering giant Bechtel will work on project delivery for Velocys, the Oxford University spin out that is in a joint venture with British Airways to develop the consented refinery. Initially the focus will be on the £350 million Altalto Immingham development and a sister Stateside project, with global growth for the sustainable aviation fuel solutions eyed.
Lease Agreements Sealed for Wind Farms
In January significant lease deals worth hundreds of millions of pounds were agreed for three new wind farms off the region’s coast, heralding a further jobs boom.
Two further Dogger Bank additions from RWE and a first venture from TotalEnergies with Green Investment Group have secured seabed rights with The Crown Estate.
The new wind farms will pave the way for hundreds more jobs in operations and maintenance, based out of the world’s leading offshore wind O&M hub in Grimsby.
£2M Logistics Investment Prepares Long-Standing Operator for Port Growth
The latest element in a £2 million investment to expand logistics operations by Port of Immingham is underway.
A further 50,000 sq ft of state-of-the-art facilities at the sprawling secure site in Stallingborough is to be added as the long-standing operators position themselves further growth.
“We are taking this site forward to support the growth of the area, more specifically Immingham, one of the biggest handling ports in Europe, and one that is growing. We can see, with the likes of the Stena Line development, what is coming.”
The reference to the Stena Line development is in reference to the Immingham Eastern Ro-Ro Terminal at the top of the article. The terminal would be able to accommodate vessels up to 240m in length and 34m wide.