£30m for Port of Nigg as businesses rebrand – Daily Business

Yoshihiro Hayakawa: defining moment

A £30 million investment at Port of Nigg has been approved, as three North-east Scotland energy businesses unite under a new brand – Maraen.

As an integrated energy infrastructure solutions provider, Maraen brings together the capabilities of Port of Nigg, Global Energy (Group) and Global Energy Services.

The new name combines ‘Mara’, the Gaelic word for ‘of the sea’, and ‘En’ for energy. The rebrand follows last year’s acquisition of the businesses by Mitsui & Co Europe and Mitsui OSK Lines.

The investment at Maraen Port of Nigg will significantly enhance port capacity and operational capability, supporting inbound and outbound logistics for offshore wind and wider energy sector projects.

It is also expected to attract new projects and customers to the facility, stimulating further investment and supporting job creation across the supply chain.

Yoshihiro Hayakawa, CEO & managing director of Maraen, said: “This is a defining moment for our business.

“Bringing our capabilities together under one brand strengthens our position as an integrated energy infrastructure solutions provider.”

Maraen Port of Nigg, with its prime location and Green Freeport status, is already recognised as a strategic hub for offshore wind projects, having supported the deployment of over 4GW of offshore wind capacity.

The new quay will further strengthen this position, by providing a dedicated load-out and export facility for high voltage cables manufactured at the adjacent Sumitomo Electric HVDC cable facility.

Rory Gunn, facilities director at Maraen Port of Nigg, added: “The new quay will boost our ability to handle complex, simultaneous operations and meet the growing demands from the energy industry.”

With planning consent and marine licence already secured, construction of the new heavy-duty quay will soon get underway.

The development, which will cover approximately 16,000m², is supported by a £10 million grant from Highlands and Islands Enterprise (HIE), forming part of the Scottish Government’s commitment to invest up to £500 million over five years to strengthen Scotland’s offshore wind supply chain.

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