EUROPE

JV FOR NEW HUMBER TERMINAL

5 years ago

UK port operator, Associated British Ports (ABP) and Swedish ferry operator, Stena Line, have confirmed a joint venture to develop a new terminal at the Port of Immingham, in the Humber region of the UK. The £100 million (US$135.6 million) deal will see Stena Line operate the new facility for a 50-year period.

UK port operator, Associated British Ports (ABP) and Swedish ferry operator, Stena Line, have confirmed a joint venture to develop a new terminal at the Port of Immingham, in the Humber region of the UK. The £100 million (US$135.6 million) deal will see Stena Line operate the new facility for a 50-year period.