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Displaying items by tag: Bid: £30m

Parent company of Harland & Wolff has said it is ready to bid for an estimated £30m 10-year deal to dry-dock, repair and maintain two giant UK Royal Navy 'Queen Elizabeth' class aircraft carriers.

InfraStrata shut down large parts of its Belfast dockyard for four months last year to carry out maintenance and upgrades to ensure the shipyard was in a strong position to bid for the lucrative contract.

The yard will face opposition from one other facility, Rosyth on the east coast of Scotland, where the two 'QE' carriers were built.

More from the Belfast Telegraph.

As Afloat previously reported the pair of QE aircraft carriers, had involved sections of the vessels to be built throughout various yards, among them Appledore Shipyard.

The north Devon facility which built a quartet of OPV90 'P60' class for the Irish Naval Service, was last year acquired by Infrastrata.

Published in Shipyards

About Foyle Port

Foyle Port, located in the North West region of Northern Ireland, is estimated to handle around 2 million tonnes of cargo per year, with a trade value of approximately £1 billion. The port plays a crucial role in facilitating the import of essential agri-products, supporting around 20,000 farms in the region, as well as various local business sectors such as fuel/oil and construction industries. The organisation supports an estimated 1000 direct and indirect jobs.

Originally located in the bustling heart of Derry City, the Commissioners relocated the port to its current deep-water location at Lisahally in 1993. The terminal boasts an impressive 440 metres of quay and can accommodate large vessels of up to 62,000 DWT. Foyle Port is primarily a bulk port and a significant importer of essential commodities such as oil, coal, animal feed, fertiliser, and plywood, all of which are vital for the North West rural region.

Since 2003, the organisation has experienced significant growth, doubling both turnover and profit and attracting approximately £100 million of inward investment to the region. This investment has supported projects, including a fertiliser plant, an oil tank farm, and a biomass power station.

Established by Act of Parliament in 1854, the Londonderry Port & Harbour Commissioners is an independent statutory authority with a duty to develop, maintain and operate to the highest standards of efficiency, financial prudence, environmental awareness, safety, and security. The Port is independent of the Government and is self-financing. All financial surpluses are reinvested in the business for the benefit of future generations of stakeholders.