The City Council of Kingston Upon Hull, located in north-east England, has launched a tender for the development of a cruise terminal facility near the city centre. The Council is seeking to appoint a commercial and operating partner for the project, responsible for the development, construction, and operation of the cruise terminal.
In terms of vessel visits to the Hull cruise terminal facility, it is expected that the cruise terminal business growth profile is gradual, starting with 7 vessel visits in year 1, growing to between 50 - 60 cruise vessel visits by year 15, but with the potential to grow to serve 80 cruise visiting vessels per annum by year 25.
The Council aims to develop Hull to be a port of call and a port of outboard embarkation, and the facility will serve the medium sized cruise vessel market with a draught of 7.7. The ambition is to host visits from larger ships in the future should estuary conditions permit.
The deadline for tender is 28 February 2019. The selected parter will sign a 25-year contract commencing on 1 January 2020.
The Transport Secretary of Scotland has announced that Aberdeen Roads Limited (ARL) has completed physical works on the last remaining unopened segment of the Aberdeen Western Peripheral Rou...
Read moreArlington Investors, on behalf of private investors from Saudi Arabia, Kuwait, and Lebanon, has acquired a portfolio of 2,458 beds of purpose-built student accommodation (PBSA) as the majority partner...
Read moreJohn Laing Group has announced that the agreed sale of its 37.43% shareholding in Manchester Waste TPS Co for GBP54.5 million (US$70.1 million) completed in late December 2018. Manchester Waste...
Read moreThe East West Railway Company (EWR Co.) has launched market sounding for the development of a new rail line between Bedford and Cambridge, located in east-central England. The line will form the Centr...
Read moreAlbany SPC Services Limited has reportedly purchased Interserve’s Private Finance Initiative (PFI) asset management business. Interserve manages one of the largest portfolios of PFI projects in...
Read more