Freeports

Port of Cromarty Firth welcomes Freeport progress

The establishment of the tax sites for Inverness and Cromarty Firth Green Freeport (ICFGF) has been welcomed by the Port of Cromarty Firth (PoCF).
Joanne Allday, strategy and business development manager at the PoCF (pictured), said: “The Port of Croma…

Solent Freeport could have ?500m tax benefits to New Forest

Freeports, special precincts within the UK’s borders, follow different economic regulations than other areas of the country.
The Solent Freeport, one of eight such ports sanctioned by the government after a competitive selection process, includes NFDC …

Highlands green freeport reaches key milestone

A bid to make the Highlands a major European hub for the development of the offshore wind industry and renewable energy sector has reached a key landmark.Legislation has been completed establishing the tax sites for the creation of the Inverness and Cr…

Tax relief sites go live at controversial Scottish green freeport

Legislation has been completed creating tax sites – where companies will be given tax relief for the next decade – at the Inverness and Cromarty Firth Green Freeport.
The organisation said the move would create more than 10,000 jobs in the Highlands an…

Milestone for green freeport

The UK Government is celebrating the opening of the Inverness and Cromarty Firth Green Freeport, stating that this is a ‘significant milestone for Scotland’s economic future.’
Opening today (8th April), the freeport[1] is Europe’s largest heavy enginee…

Dartmoor National Park ‘not at risk’ from Freeport

The PSDF (one of 12 across the UK) is intended to attract much needed investment by reducing red-tape and offering tax breaks to companies. According to the PSDF, the project will create an estimated 3,500 jobs and “supercharge” the south west’s econom…

Freeport-McMoRan Inc. (NYSE:FCX) Shares Sold by Blue Trust Inc.

Blue Trust Inc. lowered its stake in shares of Freeport-McMoRan Inc. (NYSE:FCX[1] – Free Report[2]) by 13.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutiona…

Freeport LNG Maintenance Depresses U.S. Exports

Freeport Train 3 restarted on March 21. However, it is now the only train operational at Freeport LNG as Trains 1 and 2 are offline. Train 3 was damaged during the mid-January freeze and was taken offline for repairs in late January. Trains 1 and 2 are…