Portsmouth (UK) under investigation

This week’s UK Budget offers some interest for ports, trade and enviromental initiatives, but it offers more interest for the money markets.

A former railway goods yard, part of the site that staged the 2012 Olympic Games in the East End of London, is being redeveloped to serve as a modern, mixed use rail, industrial, logistics and leisure park.

Objections to a huge logistics park with rail freight facilities have been dismissed. The project has moved into initial construction. It’s the latest development in the so-called Logistics Golden Triangle.

British rail operations could be disrupted by a safety critical fault uncovered during investigations following a freight derailment in Manchester.

A ship from Britain’s fleet of nuclear fuel transporters has been chartered to help develop another clean energy source – wind power.

London Gateway gets a one-billion-pound investment after a spat with the UK government is resolved. Two new berths and a dedicated rail terminal are on the way