The chief executive of Lerwick Port Authority (LPA) has hailed signs of recovery in oil and gas activity as traffic in all sectors increased at Shetland’s main harbour in the first quarter of this year.
Cruise ships, fishing boats and ferries helped boost activity levels at Shetland’s main harbour last year, according to figures released by Lerwick Port Authority (LPA) yesterday.
You may be relieved to know that this is not an article about Brexit. However, every cloud has a silver lining - because the last six months of Brexit-related debate have in fact seen the UK’s ports sector attract an unusual amount of political, and therefore public, attention.
Scotland’s first ultra-deep-water (UDW) port would have to secure 10 decommissioning projects to pay for itself, a flagship report said.
A £2.5 million cash pot will be shared between 12 decommissioning projects as part of the Scottish Government's latest funding round.
Dales Voe has been named as the preferred location for the UK’s first ultra deep-water port and has an approved planning application to increase the decommissioning capabilities on site, opening up a unique opportunity for North Sea operators in the region.
The boss at Lerwick harbour said building an ultra-deep-water port in Shetland would “fill a gap” in the UK decommissioning market.
Shetland’s bid to cement its place as a major North Sea decommissioning centre has been given the seal of approval by a heavy lift vessel contractor.
Shetland’s hopes of securing a bigger slice of the multi-billion pound North Sea decommissioning market have received a boost.
The chairman of Lerwick Port Authority (LPA) has hailed the growing contribution of cruise ship visits as the organisation released its annual review, showing a steep drop in profits and a decline in turnover last year.
Plans to expand a Shetland port to create a “one-stop-shop” for North Sea decommissioning have been lodged with the islands’ council.
The Scottish Government will offer six projects a share of £1.5million as part of its Decommissioning Challenge Fund.
The new owners of metal reprocessing, tubular supply and decommissioning company John Lawrie Group (JLG), of Aberdeen, have moved swiftly to grow the firm by snapping up a business in Shetland.
The UK's energy regulator has turned down plans for a subsea electricity distribution link between Shetland and mainland UK.
Shetland will be connected to the National Grid for the first time in five years, but at the expense of island jobs at the power station.
First Minister Nicola Sturgeon said yesterday that constructing a deep-water port could be key to Scotland capitalising on decommissioning work.
The decommissioning of a North Sea platform will create 35 jobs in Shetland.
It was the end of an era yesterday afternoon when the final accommodation barge used to house oil and construction workers left Lerwick.
A diverse range of traffic meant that shipping arrivals rose at Lerwick Harbour despite oil and gas business dropping by more than a fifth.
The oil and gas slump has taken a toll on Shetland’s main commercial port in the first half of 2016 although a record cruising season means Lerwick Harbour’s ship has still come in.