Addressing the economic development of the Humber sub-region and helping to implement the Regional Economic Strategy vision of a world-class prosperous region, the monies will be used to promote and develop local assets, encourage inward investment and improve local infrastructure, skills and facilities. Over £15 million will come from the Regional Development Agency, Yorkshire Forward, over the next three years, while an additional £19.6 million will come from the European Regional Development Fund (ERDF). The monies will also help fund projects which harness the added-value potential of goods flowing through the regional ports of Hull, Goole, Immingham and Grimsby.
The Group’s offshore involvement will include management and crew services for FPSOs, shuttle tankers, drilling rigs, supply ships, specialist and multi-purpose ships, and cable layers. The V.Ships Group employs 1,100 office staff in 26 countries and 22,500 sea staff.
MJ Information No: 16908
