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Displaying items by tag: Cairnryan port value contested

#ValueContested - Stena Line is contesting the £1.25m rateable value set on its ferry port in Cairnryan, claiming it could compromise future site investment.

BBC News writes that an appeal against the Assessor for Dumfries and Galloway will go to the Lands Tribunal for Scotland in July.

The company claimed the new rate was "effectively double" what it paid at its old site in Stranraer.

Assessor Keith Mossop described the hearing as "really just a procedural matter."

Stena Line moved its operations to the site in 2011 after it left its facilities in nearby Stranraer.

It said it had been in "protracted negotiations" in relation to the rates assessment at the new port.

"Stena Line made a significant investment (in excess of £80m) when it opened its new state-of-the art ferry port and terminal at Cairnryan in 2011 to replace its former Stranraer facility," said a statement.

"Despite this investment, designed to provide south west Scotland with a modern freight and tourism gateway, the council has assessed Stena Line for its non-domestic rates for the new port at a rate effectively double that of its former facility.

"Stena Line is concerned that this significant additional running cost may impact upon future investment at Loch Ryan Port."

For more on the south-west Scottish ferryport, click here

Published in Ferry

Shipyards

Afloat will be focusing on news and developments of shipyards with newbuilds taking shape on either slipways and building halls.

The common practice of shipbuilding using modular construction, requires several yards make specific block sections that are towed to a single designated yard and joined together to complete the ship before been launched or floated out.

In addition, outfitting quays is where internal work on electrical and passenger facilities is installed (or upgraded if the ship is already in service). This work may involve newbuilds towed to another specialist yard, before the newbuild is completed as a new ship or of the same class, designed from the shipyard 'in-house' or from a naval architect consultancy. Shipyards also carry out repair and maintenance, overhaul, refit, survey, and conversion, for example, the addition or removal of cabins within a superstructure. All this requires ships to enter graving /dry-docks or floating drydocks, to enable access to the entire vessel out of the water.

Asides from shipbuilding, marine engineering projects such as offshore installations take place and others have diversified in the construction of offshore renewable projects, from wind-turbines and related tower structures. When ships are decommissioned and need to be disposed of, some yards have recycling facilities to segregate materials, though other vessels are run ashore, i.e. 'beached' and broken up there on site. The scrapped metal can be sold and made into other items.