Search results for: ABP

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  • 5 November 2012

    Associated British Ports announces that, after completing six years at the helm, Chief Executive Peter Jones has announced that he will retire at the end of March 2013. He will be succeeded by James Cooper, who has served as a Non Executive Director of ABP since May 2007. Over recent years, ABP and the port […]

  • 24 September 2013

    Associated British Ports (ABP) has today announced a reorganisation of its Humber ports and the retirement of ABP Port Director Southampton, Doug Morrison. The reorganisation on the Humber will bring ABP’s operational and commercial teams under one umbrella. Currently separated into two directorates covering Hull and Goole on the north bank of the river and […]

  • 1 April 2015
    Business & Finance

    Canada Pension Plan Investment Board (CPPIB) and Hermes Infrastructure have signed an agreement to invest approximately £1.6 billion (C$2.9 billion) in Associated British Ports (ABP). According to the agreement, CPPIB and Hermes Infrastructure will acquire at least 30% stake in ABP and may acquire a further 3.33% subject to pre-emption rights. The transaction is conditional on customary […]

  • 10 April 2019
    Business & Finance

    Associated British Ports (ABP) has applied to the Marine Management Organisation (MMO) to expand its Grimsby River Terminal (GRT) in order to be able to handle the world’s largest car carriers.  According to ABP, the application is the critical first step in the consenting process to extend the existing berthing infrastructure, as well as deepen […]

  • 12 October 2016
    Business & Finance

    A £4.5 million investment into Lowestoft’s Town Quay is reaping benefits as larger vessels servicing the offshore wind sector are now able to make use of the reconstructed facility, according to Associated British Ports (ABP). Town Quay at the Port of Lowestoft was reconstructed last year by ABP, making it stronger, deeper and suitable to […]

  • 16 July 2013
    Business & Finance

    Associated British Ports (ABP) announces that its intermediate parent company, ABP Acquisitions UK Ltd (ABPA), has signed a £70m loan facility with the European Investment Bank. The loan from Europe’s long-term lending institution will be used to fund part of the costs of the further development of the UK’s second largest container terminal at the […]

  • 9 September 2018
    Business & Finance

    Associated British Ports (ABP) has announced a major expansion plan for two of its key operations in the Port of Immingham. Last year, ABP revealed a £50 million investment for its container terminal offer across the Ports of Hull and Immingham, the first phase of which (amounting to around £14 million) saw the expansion of […]

  • 18 July 2014
    Business & Finance, Equipment, Technology

    A new independent report has revealed the scale of the contribution made by Associated British Port’s (ABP) Port of Southampton both to the regional and national economy. The latest statistics from consultants Arup show that the port contributes £990 million to the UK economy every year, including £714 million for the Solent region. They also […]

  • 23 October 2012

    ABP Finance Plc announces that ABP Acquisitions UK Limited, its fellow group undertaking, is in discussions with the European Investment Bank for the provision of two corporate loans totalling around £125m. In accordance with the terms of ABPA’s existing financing, proceeds from the loans, if concluded, will be applied to repay an equivalent amount of […]

  • 15 October 2012
    Business & Finance

    Associated British Ports (ABP) has launched its Port of Immingham master plan following an extensive public consultation process. The master plan outlines ABP’s vision for the future growth and development of the Port of Immingham for 2010-2030. The Port of Immingham is the UK’s largest port in terms of tonnage handled. Benefiting from its prime […]

  • 29 January 2013
    Business & Finance, Equipment, Technology, Vessels

    Associated British Ports (ABP) has recently awarded Boskalis Westminster the contract to widen and deepen a critical part of the access channel to the container terminal operated by DP World Southampton. This follows the announcement in December 2012 that the Marine Management Organisation had issued the necessary consents to undertake the works. The removal of […]

  • 22 August 2018
    Business & Finance, Vessels

    ABP’s operating division UK Dredging (UKD) has celebrated the 50th anniversary of one of its key dredging vessels – the Cherry Sand. To mark the occasion, UKD invited some of the vessel’s original crew members, now retired, along with other guests, to join the current crew aboard the Cherry Sand in her home Port of […]

  • 22 July 2015
    Business & Finance

    Associated British Ports (ABP) has invested £4.5 million in the reconstruction of Town Quay at the Port of Lowestoft, ensuring it is fit for purpose for at least the next 50 years. Town Quay was officially re-opened by Lieutenant Commander Gavin Dawe, Commanding Officer of the Royal Australian Navy tall ship Young Endeavour, which was […]

  • 27 January 2017
    Business & Finance

    Flood defenses at Associated British Ports’ (ABP) Port of Immingham are due to receive an investment boost of around £5 million which will increase the port’s resilience to flooding in the future. Immingham, which is the UK’s largest port by tonnage, was extensively flooded during the east coast tidal surge of December 2013, which caused […]

  • 3 September 2014
    Business & Finance

    The true scale of the economic contribution of Associated British Ports’ three ports in East Anglia has been revealed in a new report by independent consultants Arup. Together the three ports – King’s Lynn, Lowestoft and Ipswich – contribute £340 million to the UK economy annually and support 5,000 UK jobs. The new statistics show […]

  • 1 December 2016
    Business & Finance, Project & Tenders

    The first turbine blade has been manufactured at Siemens’ new wind power factory at ABP Alexandra Dock. The Siemens factory, located at Green Port Hull, represents a £310 million investment into the site, with ABP’s contribution of £150 million. Construction on the Alexandra Dock only started two years ago, when ABP appointed the GRAHAM Lagan Construction Group Joint […]

  • 15 September 2017
    Business & Finance

    Work has been completed on a £2.7 million improvement project undertaken by ABP South Wales to upgrade Green Park Weir on the River Afan in Port Talbot. The Weir was officially reopened by Aberavon AM David Rees on Thursday 14th September. Green Park Weir improvement project was the result of several years of collaboration between […]

  • 10 July 2014
    Business & Finance, Equipment, Technology

    Associated British Ports’ (ABP) Port of Newport is to invest £2.5m refurbishing its Atlantic Shed warehouse to provide additional covered space for its growing steel and bulks business. The project takes the total for new investment by ABP in the docks at Newport to more than £10m in the past 18 months. The programme of […]

  • 22 November 2016
    Business & Finance, Equipment, Technology, Vessels

    Associated British Ports (ABP) has celebrated the launch of its latest survey vessel Humber Sounder with a naming ceremony at the Port of Hull. The ceremony, which was conducted last week by Father Colum Kelly of the Apostleship of the Sea, was attended by ABP staff and customers, as well as representatives of Blyth Workboats, […]

  • 8 May 2020
    Business & Finance, Vessels

    While working on the busy waters of the Humber, ABP’s dredging team yesterday witnessed the explosion of an undiscovered World War II bomb. According to the release, UK Dredging – the dredging company owned by ABP Group – were completing routine maintenance dredging of the Humber, when they heard a loud bang and saw a […]

  • 1 July 2014
    Business & Finance

    Associated British Ports (ABP) has announced the appointment of James Leeson to the role of Head of Commercial, Humber. The move follows a number of significant developments for ABP’s Humber operations, including the announcement that Siemens and ABP will be investing more than £300 million in wind turbine manufacturing facilities at the Port of Hull, […]

  • 8 July 2013

    ABP Finance Plc announces that ABP Acquisitions UK Limited, a fellow subsidiary of ABPA Holdings Limited, has today signed a £70m loan agreement with the European Investment Bank. Proceeds from the loan will be used to fund part of the costs of the further development of the container terminal at the Port of Southampton. Furthermore, […]

  • 26 January 2017
    Business & Finance

    Flood Defenses at Associated British Ports’ (ABP) Port of Immingham are about to receive an investment boost of around £5 million which will increase the port’s resilience to flooding in the future. Immingham, which is the UK’s largest port by tonnage, was extensively flooded during the east coast tidal surge of December 2013. Since the surge, […]

  • 7 August 2018
    Business & Finance

    ABP’s Port of Ipswich has welcomed the vessel UKD Orca for its annual maintenance dredging campaign as part of the company’s commitment to continually improving the operations and services it provides for customers. Regular maintenance dredging is of paramount importance to the safety and efficient operations of all vessels using the port, according to the […]

  • 1 May 2012

    The Marine Management Organisation (MMO) has announced it has approved licences for ABP Southampton for works and associated dredging at berths 201 and 202 at the port of Southampton. Southampton is in an excellent strategic position close to the main international shipping lanes and less than 100 nautical miles from mainland Europe. The port serves […]

  • 16 October 2017
    Business & Finance

    Port of Teignmouth has celebrated a historic 4000 tonne shipment record thanks to continuous investment in improvements in port infrastructure, Associated British Ports (ABP) said in their latest release.  The tonnage-handling milestone, which marks the highest volume of cargo ever to be exported in a single shipment from the port during its long history, was […]