Displaying items by tag: Potential Buyer

1st February 2020

UK Shipyard: Appledore's Potential Buyer ‘Has Been Waiting for Four Months’

Is there a viable buyer ready for Appledore Shipyard? AFLOAT adds the facility in north Devon, completed building its last vessel LÉ George Bernard Shaw. The final of the OPV90/P60 Class last year was commissioned by the Irish Naval Service.

In the UK the Government has been accused of ‘dither and delay’ following claims a viable buyer has been lined up for Appledore shipyard for four months.

The GMB Union, according to NorthDevon Gazette, (yesterday, 31 January) criticised the Government for ongoing delays in the potential re-opening of the yard as Afloat previously reported.

GMB said it and its sister trade unions have been involved in ongoing negotiations, led by the South West Business Council, to re-open the yard and secure a viable future.

Matt Roberts, GMB organiser, said: "A buyer with a viable proposition has been lined up for over four months now, but there seems to be dither and delay from the Government, causing more uncertainty for our members.

Shannon Foynes Port Information

Shannon Foynes Port (SFPC) are investing in an unprecedented expansion at its general cargo terminal, Foynes, adding over two-thirds the size of its existing area. In the latest phase of a €64 million investment programme, SFPC is investing over €20 million in enabling works alone to convert 83 acres on the east side of the existing port into a landbank for marine-related industry, port-centric logistics and associated infrastructure. The project, which will be developed on a phased basis over the next five years, will require the biggest infrastructure works programme ever undertaken at the port, with the entire 83 acre landbank having to be raised by 4.4 metres. The programme will also require the provision of new internal roads and multiple bridge access as well as roundabout access.