Industry News

BIS: A new multi-deck trade vehicle terminal at the Port of Southampton, which will be able to meet extra demand for exporting British-built cars overseas, has been unveiled by the Business Secretary Vince Cable.

The fourth terminal comes as part of a major investment by Associated British Ports (ABP) in the expansion of its vehicle export facilities to accommodate the large amount of vehicles being shipped to overseas markets, particularly China.
 
The visit & announcement coincides with other investment by the Department’s flagship policy - the Regional Growth Fund.  Southampton City Council received a conditional offer of £5.6m as part of the second round to support the development of the city’s surrounding road infrastructure.
Press release & links
 
DECC: Prime Minister David Cameron and the Norwegian Prime Minister Jens Stoltenberg last week agreed a landmark energy partnership between the UK & Norway designed to secure affordable & sustainable long term energy supplies.
 
The Norway-UK Energy Partnership for Sustainable Growth heralds closer collaboration between the two countries across a wide range of energy activities, including safe & environmentally sensitive oil & gas extraction, long term gas supply, renewable energy investment, electricity interconnection and international climate change policy development.
Press release & links
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