Logistics and energy service firm Peterson UK will set up a new base at the Port of Lowestoft in Suffolk after signing a long-term agreement.
Peterson will offer warehousing, cargo and logistics services from the port, including fuel bunkering for the oil and gas and renewable energy sectors.
The port is expanding its services, with recent investments made by Scottish Power to develop a permanent operations and maintenance base.
The agreement will lead to increased activity in the port’s inner harbour.
Paul Smith, East of England business manager at Peterson, said: “We are delighted to establish a new operations base in the Port of Lowestoft.
“We have a strong track record in servicing the Southern North Sea from both the UK and Netherlands and the Port of Lowestoft is an ideal location from which to support our existing Southern North Sea customer base and potential new customers.
“Our move to Lowestoft has been supported by our major stakeholders and we look forward to continuing to work closely with ABP to establish a best in class facility.”
Andrew Harston, a director at port owner ABP, said: “Our team has worked very hard with Peterson to conclude this agreement. We know that Peterson chose the Port of Lowestoft for its vessel handling capabilities and space to grow, as well as ABP’s commitment to continuing investment and the quality of the local management team.
“Peterson has an excellent reputation and our new agreement signifies the next stage of customer growth at the port. We are very proud that they have chosen ABP as their partner and we look forward to supporting their ambitions to develop and grow.”