A business group with shipping services at a Lancaster port, where broken sea gate problems are hampering access to some parts of the site, has bought two ports in Lancashire and Cumbria.
Fox Group works in construction, shipping, logistics and property. It has sites across England. At Glasson, Fox Maritime provides services for cargo vessels and road haulage. Facilities there include the large east berth facing the River Lune to load and unload freight ships. Paul Fox, chief executive of Fox Group, and Andrew Duckett, chief executive of JA Jackson, said: “The acquisition of the Fleetwood and Silloth ports aligns with our long-term vision for sustainable growth as a company and develops our long-established and extensive property portfolio.
The Fleetwood and Silloth port acquisitions are subject to regulatory clearances, such as the transfer of the harbour authority authorisations, and closing conditions. It recently warned that the broken sea gate situation threatens 200 jobs. It is in disagreement with the Environment Agency over responsibility and costs, and seeking legal advice, it said.
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Source: shropshirelive - 🏆 55. / 63 Read more »