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Simon Group plc, which operates the Humber Sea Terminal (HST) and Port Sutton Bridge, has announced gross profits up 7.5% to £ 9.9m and a profit after tax increase to £ 3.5m from £ 0.5m a year earlier. A new agreement with Norfolkline BV commences this month, with a service between HST and Vlaardingen in the Netherlands to run for a minimum of five years. Simon is in the final stages of securing planning consent for a third phase of development at HST.
Earlier this month, Mayor of London Ken Livingstone welcomed the boost to London’s boatyard capacity, saying ‘I want to see an increase in the use of the river Thames to transport passengers and freight as well as for tourist and recreational uses.
MJInformation No: 21990
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