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Capping the value of Islandmagee like this (£150m) makes no sense to me at all and only favours the buyers.

Let the potential suitors make their proposals and compete against each other for an asset that does not come to market often.

Https://www.stornowayportauthority.com/our-projects/deep-water-terminal/

The video looks good

The video looks good

https://www.stornowayportauthority.com/our-projects/deep-water-terminal/

Https://www.stornowaygazette.co.uk/business/a-terminal-that-is-key-to-big-challenges-4260509

Well worth the read to understand what is happening at Arnish. Much more info than quoted below.

e.g.

"Alex also sees great potential benefits for the Harland & Wolff Arnish yard. “At the moment, they are very restricted in what they can do but access to deep water will be transformational”. Again, the timing of the port development could not be better in the light of events that have unfolded."

"The cruise ship influx will be the first evidence of the difference that the deep water investment will make to the island economy. In the longer term, the options it opens up for the Arnish yard; the road which has been built to accommodate the largest blades for wind turbines; and the second quay to handle freight traffic will each become equally significant."

Https://www.offshore-europe.co.uk/en-gb/landing-pages/register-now.html?utm_source=google&utm_medium=cpc&utm_campaign=oe23&gclid=Cj0KCQjwgNanBhDUARIsAAeIcAu9RcdV5XcbhYBElodLoVCYxB-TTLjkJzBF0Xt6JLIpLvmWE8NOlnkaAqZ-EALw_wcB

Interesting when you search for Harland and Wolff as an exhibitor it also shows new exhibitor Port of Stornoway as a new exhibitor ( says completing port by end of 2023 😃). The text is hidden so I can't see what is said about H&W but I expect they are referencing the H&W facility there and the services available.

Coming together nicely 👍

Thanks Bridgedogg1

From your post

"UK Government to provide £27 million for a new roll on-roll off ferry for Fair Isle, with new terminals, through its Levelling Up Fund.

18/01/2023"

Https://www.shetnews.co.uk/2023/09/04/time-for-governments-to-discuss-commitment-to-tunnels-and-new-ferries-as-scottish-secretary-lines-up-meeting/

"Shetland’s ferry fleet contains 12 vessels, which sail around 70,000 times a year to nine islands, carrying roughly 750,000 passengers"

"The average age of Shetland’s inter-island ferries is now 30.2 years, with maintenance bills continuing to increase.

This has led the council to backing the idea of tunnels on its four busiest routes: to Yell, to Unst (from Yell), to Bressay and to Whalsay."

Https://nic.org.uk/studies-reports/national-infrastructure-assessment/

Every five years, the Commission publishes a National Infrastructure Assessment.

Each Assessment analyses the UK’s long term economic infrastructure needs, outlining a strategic vision over the next thirty years and setting out recommendations for how identified needs should be met.

The Commission is now working on the second National Infrastructure Assessment, to be published on 18 October 2023.

https://www.ukib.org.uk/

"We are providing £22bn of Infrastructure finance to tackle climate change and support regional and local economic growth across the United Kingdom"

With the Atkins report, Islandmagee may be able to secure funding from the National Infrastructure Bank.

Https://www.independent.co.uk/news/uk/labour-government-rachel-reeves-conservatives-grant-shapps-b2384342.html

If a lack of storage for 2 years cost the UK economy £1.7bn, a 40 year storage asset that could support gas and hydrogen with potential to service mainland Europe as well as UK/RoI should be valued at way more than £100m.

Https://www.edie.net/report-scotland-could-become-major-exporter-of-low-carbon-hydrogen-to-europe/

From the picture, H&W would be well positioned to be involved with this - just extend the spur from West Scotland to Belfast :)

Https://www.power-technology.com/news/islandmagee-green-hydrogen-gas-storage-project-salt-caves/

Good to see H&W appointed recognised experts Atkins to assess the potential of Islandmagee for hydrogen storage.

Their report will have credibility in the marketplace and support valuations / discussions.

Https://www.newcivilengineer.com/latest/atkins-appointed-to-design-500m-hydrogen-plant-in-scotland-05-10-2022/

Https://twitter.com/case_nireland/status/1671582066557820935/mediaviewer

Interesting to see US Envoy Joe Kennedy III particularly excited by NI Hydrogen potential for investors.

Potential suitors for Islandmagee should take note in your valuations / discussions.

Https://www.investni.com/support-business/improve-skills/video-tutorials/future-economy-powered-clean-hydrogen

"We have significant wind resource, we have a modern gas network, interconnection to Ireland and Great Britain, access to ports, availability of salt cavern storage and of course a world renowned reputation in manufacturing and engineering."

Opening intro to Invest NI seminar on future economy clean hydrogen. 9 videos, recommend watching to understand NI opportunity.

H&W is well positioned :)

Https://www.dailymail.co.uk/news/article-12474759/Royal-Navys-attack-submarines-currently-confined-port-leaving-country-unprotected.html

Maybe Belfast can support with this.

Https://www.current-news.co.uk/desnzs-paul-monks-hydrogen-is-the-champagne-of-the-energy-transition/

Just 76 months to 2030, time to crack on with energy transition using Islandmagee initially for gas and then at the appropriate point for hydrogen, supporting energy security, net zero objectives and economic growth.

Https://news.yahoo.com/ports-europe-lure-investors-clean-060000698.html

Belfast could do similiar.

Thankyou for taking the time out of your busy day to make that point given that you are not invested in the company.

Https://www.storengy.com/en/our-offers-and-services/underground-storage/our-expertise

HYDROGEN EXPLORING OPPORTUNITIES IN THE NORTHERN ... https://vb.nweurope.eu/media/13425/hydrogen-exploring-opportunities-in-the-northern-ireland-energy-transition-march-2021.pdf

Search document for Islandmagee references