North Sea Energy Service Hub Receives Government Grant
Montrose Port Authority, a support and service hub for the North Sea energy industry, has received a $2 million (GBP 1.5 million) grant from the Scottish government.
The grant will support the development of two new north quaysides, berths seven west and eight. This will increase the port’s capacity, increasing the maximum potential size of berthing vessels from 12,000 to 18,000 deadweight tonnage.
The latest investment is expected to secure ongoing employment in the port, with changes to the quaysides expected to be completed by summer 2019.
“One of our objectives is to streamline our port activities, delivering efficient, cost-effective and environmentally-friendly solutions,” Nik Scott-Gray, chief executive at Montrose Port Authority, said in an organization statement.
“This support from the Scottish government is the next step in this process; building on our master plan and strategy process while developing new markets and directing investment towards key infrastructure projects,” he added.
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