Offshore Upsurge at Lerwick
The offshore oil industry has contributed to a 5% increase in the volume of cargo handled at Lerwick Harbour in Shetland over the first half of 2005. The high level of industry activity saw 119 oil related vessels calling at Lerwick, up 30% on the same period in 2004, which had also seen an upturn in offshore traffic.
Competition Commissioner Neelie Kroes said, ‘Economic growth and higher employment will only result if we can improve innovation in all areas of the Single Market. The aid proposed here by the German Government is exactly the kind of focussed, innovation based aid that can bring real benefits to the European economy.’
The port also reports a 37% increase in the number of yachts calling.
MJ Information No: 21030
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