Port of Blyth stepped up its journey to net zero on the back of funding deals totalling £12m.
The Northumberland offshore energy port is installing a host of clean energy measures with the Lloyds Bank funding, starting with the addition of a new electric crane to its fleet, to increase its capacity capabilities and reduce emissions. The Port has invested in a Konecranes Gottwald ESP.6 Mobile Harbour Crane, which has a 125-tonne lift capacity and eliminates carbon emissions.
It initially received £7.5m of funding from Lloyds Bank, which was used to construct new terminal infrastructure and additional warehousing while creating numerous employment opportunities. It then secured a further £2m of funding from Lloyds Bank this year, on top of a £2.4m facility secured from Lloyds Asset Finance, which has enabled the firm to purchase the new electric crane.