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Stena Line and Associated British Ports to progress new £200M ferry terminal in Immingham
Oct 15, 2024•over 1 year ago
Contract Type
partnership
GothenburgTransportationTravelDescription
Stena Line and Associated British Ports have announced their intention to proceed with a £200+ million joint investment in a new freight ferry terminal at the Port of Immingham following the granting of the Development Consent Order (DCO) planning application by the UK Government. The project is a major step forward for the companies, and the approval means that construction can officially begin on the new RoRo ferry terminal.
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Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months