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ASCO and Peel Ports announce strategic partnership

ASCO and Peel Ports have joined forces in a long term strategic partnership aimed at supporting the energy sector in Great Yarmouth and promoting future sustainability for the port.

By working in collaboration, the two organisations will support existing customers and attract new ones to the port by offering increased flexibility to meet the demands of the oil and gas, renewable energy and decommissioning sectors operating out of Great Yarmouth.  

The 12-year partnership will officially commence from January 2019 and will see ASCO assume operational responsibility for two additional berths at Peel Ports Great Yarmouth. 

Glenn Hurren, ASCO's SNS Director said: "Our new partnership gives the additional capacity we needed to expand our operations in Great Yarmouth. We now have a stronger base for building marine collaboration in the UK Southern North Sea sector and the ability to provide a flexible solution for our customers covering Peterhead, Aberdeen and Great Yarmouth."

The partnership will generate long term job creation and sustainability through the attraction of new business to the region. 

Richard Goffin, Port Director, Peel Ports Great Yarmouth said: “Through working with ASCO, we will be able to harness the enormous potential that Great Yarmouth has as a key base for oil and gas, renewable energy and decommissioning operations.

“We will bring together the best in class expertise and facilities to promote further collaboration, diversify offerings and services offered by both companies and ensure a solid foundation for continued growth and investment at Great Yarmouth. 

“Since taking ownership at Great Yarmouth in 2015, Peel Ports has made a series of significant infrastructure investments, which has enabled exponential growth - growth which will undoubtedly be bolstered by this new partnership with ASCO."

ASCO recently announced the appointment of their new CEO, Peter France who commented on the new partnership: "Our aim is to improve the service offering to our customers and help them obtain operational efficiencies by continually seeking innovative solutions. We believe that the strategic partnership with Peel Ports in Great Yarmouth will provide us with an exciting opportunity to deliver increased value to our existing customers whilst attracting new ones to the port.

Notes to editors: 

ASCO provide specialist materials and equipment management from demand creation to fulfilment. By deploying lean methodology, innovative systems, and leveraging data analytics, ASCO is at the forefront of driving supply chain efficiency in the oil and gas industry. The company is headquartered in Aberdeen, Scotland and operates globally from over 70 locations worldwide, and employs over 1,500 people.

Supply base management operations are augmented by a suite of complementary services, including materials and warehouse management, waste management, decommissioning, transport and logistics, training, personnel provision, fuel services and marine management. ASCO also delivers a range of specialist technical and advisory services in marine, materials and inventory and lifting operations. Operations are delivered using world class technology via our proprietary integrated Logistics Management System (iLMS). ASCO is owned by DH Private Equity Partners and ASCO Management. To find out more, visit www.ascoworld.com