Kilkeel Harbour draws in significant port financial investment in ₤ 35m boon

Davey Hill (left) and Alan McCulla of Sea Source
Davey Hill(left)and Alan McCulla of Sea Source A London-based global fishing company has announced its intents to invest in Kilkeel harbour, including an approximated ₤ 35m to the port’s turnover.

Hooktone Group, which runs from ports all around the world and has a fleet of some 20 vessels, has actually ended up being a member of the Kilkeel-based Sea Source, also known as the Anglo North Irish Fish Producers’ Organisation (ANIFPO).

In addition to purchasing the harbour, Hooktone Group will also be basing 6 of its vessels in the Co Down port.For several years, the fishing industry here has actually been lobbying for a ₤ 35m growth to Kilkeel’s outer harbour in order to help with bigger vessels.The plans are being promoted by Kilkeel Strategic Partnership as a crucial financial infrastructure advancement which would improve the development of neighbouring maritime communities Ardglass and Annalong, as well as Warrenpoint.Hooktone said Kilkeel is ideally placed on the western flanks of the Irish Sea to grow its north European organisation sustainably.If strategies for a broadened external harbour are understood in the next couple of years, both the company and Sea Source have said Kilkeel will be a significant north European marine hub utilizing as much as 2,000 people.It is understood the existing Stormont deadlock is postponing progress on the port’s expansion.Hooktone’s Maria Hermida said the relocation becomes part of the firm’s larger development technique. “Hooktone Group has actually been running from numerous ports in England and Scotland along with globally for 3 years and we have actually

viewed Kilkeel and Sea Source establish their strategies and grow business sustainably and in the long term,”she said.”We are eager to deal with Sea Source since we share the very same objectives.”Likewise, our boats are tailored for different types of fish so we will be bringing extra benefits consisting of increased quotas to the port as well as brand-new experience and knowledge contributing to Kilkeel

‘s wealth of expertise, “she added.Alan McCulla, president of Sea Source, stated the collaboration

represents an expression of confidence in Kilkeel Harbour and its capacity for substantial development.”We are pleased to welcome Hooktone Group to our cumulative,” he stated.”The company’s investment in the port shows that success stimulates success and we are

especially pleased to have brought in the group here when they might have chosen any number of other UK ports.” The choice to make Kilkeel one of their strategic bases is

more evidence the fishing industry when sustainably and obligation handled is potentially a substantial employer and generator of substantial economic development. “Mr McCulla stated that the investment by Hooktone group is a signal that post-Brexit Northern Ireland is already beginning to specify

itself positively, and more partnerships can be anticipated in the future.Davey Hill, who leads Sea Source Offshore, stated the expansion is important to the survival and success of the port.”For us to continue creating tasks and establishing the marine economy, we quite

simply require a contemporary, larger port from which to run, “he said.Sea Source is a consortium of Kilkeel fishermen, engineering companies and fish processors.

Source

https://www.belfasttelegraph.co.uk/business/northern-ireland/kilkeel-harbour-reels-in-major-port-investment-in-35m-boon-36672165.html