The Port of Tyne – which owns and operates one of the UK’s major trust ports – has secured a £100 million refinancing package with the UK Infrastructure Bank, Pricoa Private Capital and Lloyds Bank. This 10 year financing arrangement is a national first for a British major trust port and builds upon the Port …
In May 2016 Caroline O’Grady and Stacey Coote launched legal spend management company Coote O’Grady™ and set about reducing external law firm spend for a wide range of clients across the globe. Having manged billions in external legal spend they built a strong reputation for achieving real and sustainable savings. More recently the company has …
Two related South Tyneside companies are moving into a large shared premises, allowing them to grow far quicker than would have been possible at separate sites. Zenith People and Zenith Training have come together under one roof at Monkton Business Park in Hebburn after receiving support from The Growth Fund – which was set up …
The South Tyneside Pledge is being showcased at a national conference in a bid to share ideas to help other areas to adopt the innovative, collaborative way of working that has been taking place in the borough. Launched in January 2022 the South Tyneside pledge sets out nine commitments around spending, recruitment, and support. It …
A young inventor from South Shields will see his planet-saving idea spring to life, with the support of two South Tyneside pioneers. Nine-year-old Isaac, from Cleadon, visited Ford Aerospace at Port of Tyne this month to present his Wind Mirrors to a panel of high-profile business leaders. Devised as part of South Tyneside Council and …
The Dogger Bank Wind Farm Operations and Maintenance (O&M) Base located at the Port of Tyne in South Shields has been awarded the Net Zero and Sustainability awards in the 2023 Constructing Excellence in the North-East (CENE) awards. CENE is a business support organisation for the North-East construction, dedicated to delivering improved industry performance in …
A team of South Tyneside-based engineering experts are carving out a global reputation for developing tailor-made subsea solutions for the marine industry. DME Systems may only be 17 months old, but the team of seven specialists has worked across the globe, delivering multi-million pound projects in the UAE, Denmark, Turkey, Italy, the Netherlands and Germany…to …
Lucy Winskell, OBE, Chair of the North East Local Enterprise Partnership (LEP), and Lord Lieutenant of Tyne and Wear, calls for North East businesses to seek recognition, by receiving the King’s Award for Enterprise. We are very proud of the North East’s many innovative, productive and ambitious businesses. Our thriving business ecosystem is something that …
UK Docks, which already services Royal Navy vessels, has won a new £250m contract to service five more. The Ministry of Defence has announced that care of the vessels – HMS Tamar, HMS Spey, HMS Medway, HMS Trent and HMS Forth – will now be the responsibility of UK Docks up until 2031. And with …
The first of four of North Star’s new offshore wind fleet, the Grampian Tyne, has been officially named at a VIP ceremony at Equinor’s Port of Tyne base, ahead of its early handover to the Dogger Bank Wind Farm. The traditional good luck celebration, involving the customary champagne bottle being smashed against the hull of …
Free start-up support is available for would-be entrepreneurs in South Tyneside thanks to government cash. TEDCO was one of eight organisations to successfully bid for a slice of £8.8m from the UK Shared Prosperity Fund. The company, which offers start-up and growth support, now aims to help create 200 new businesses in the borough, engaging …
The Port of Tyne has signed a new 10-year contract with European Metals Recycling (EMR), a global leader in sustainable materials. EMR has sites around the country, including one in South Shields, and has been a key customer of the Port for the past 25 years. As a top client, EMR participates in the Port’s …
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