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Displaying items by tag: UK Ports Deal

According to InsiderMedia, APG, Global Infrastructure Partners and AustralianSuper have agreed to acquire a 37.4% holding in Peel Ports Group from DWS. 

Peel Ports (the UK's second largest ports group) is behind the likes of Liverpool2 and Manchester Ship Canal.

The transaction is expected to close in the first quarter of 2022, pending regulatory review and approvals.

Peel Ports is a critical UK infrastructure asset and responsible for the operations and management of a network of seven strategically located ports around the UK and Ireland (where Afloat adds in Dublin Port is their MTL Terminal serviced also by the group's subsidairy BG Freight Line). 

Mark Whitworth, chief executive of Peel Ports Group, said: "The ambitious partnership between shareholders and management has been a cornerstone of the company's success and we look forward to building on those achievements with our new like-minded Shareholders APG & GIP, alongside The Peel Group and AustralianSuper."

More on the story here.

Published in Ports & Shipping

Robert Dickson & Sean Waddilove, Tokyo Olympic 49er Sailors 

Dublin dinghy sailors Robert Dickson of Howth Yacht Club and Sean Waddilove of Skerries Sailing Club achieved their goal of representing Ireland in the 49er class, almost six years to the day after first setting foot in a 49er skiff at their home club of Howth Yacht Club in County Dublin in 2015.

The voyage was a magnificent one becoming U23 World champions in 2018 before out sailing rivals double Olympian Ryan Seaton and Seafra Guilfoyle in some style for selection in Lanzarote in March 2021 to win the last European Olympic place for Tokyo.

Follow their progress here.