28.03.2013

£12 million investment for Port Services

UK based Port Services Group of Invergordon and Aberdeen in Scotland, has confirmed a £12 million investment programme in heavy crane and transport equipment.

The investment is a result in a combination of securing new contracts within the wind energy market , increased activity in its core Oil & Gas business and the securing of a five year exclusive contract, expected to be worth in excess of £20 million from the Global Energy Group based at Nigg and Invergordon.

The equipment, all due for delivery within the next four months, includes a 750 tonne Liebherr LTM 1750-9.1, a 500 tonne LTM 1500-8.1, two 220 tonne LTM 1220-5.1, and a 130 tonne LTM 1130-5.1. The heavy transport equipment includes 16 Goldhofer THP SL axle lines, an 8x4 250 tonne MAN tractor head, and a 160 tonne pay load low bed insert attachment.
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A 500 tonne Liebherr LTM 1500-8.1

Port Services managing director Steve Clark said: “Securing contracts with high-profile international organisations such as the Global Energy Group has been a key part of our growth strategy, this coupled with a generally very busy oil and gas market with good visibility moving forward, and with our recent emergence as a player in the wind energy market has given us the confidence to make this major investment in our heavy crane and transport division."

Port Services Group was formed in 1986 and has grown to become one of the largest privately owned logistics businesses in Scotland