Subscribe to RSS feedBBI faces UK port blow
BABCOCK & Brown Infrastructure (BBI) may have to cut its estimated £450m ($937m) price tag for the north east UK ports and logistics operator, PD Ports.
It comes as major customer Corus considers mothballing its Teesside Cast Products plant. If you are already a subscriber, please sign in below. If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here. Alternatively, click here to subscribe.
PD Ports chief executive David Robinson said the £450m figure outlined in press reports was “fairly accurate”, but described estimates of a £300m revision as “too low”.
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