• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
Sumitomo and Van Oord Named Preferred Bidders for Shetland 2 Subsea Cable Project

Sumitomo and Van Oord Named Preferred Bidders for Shetland 2 Subsea Cable Project

05/14/2024
China Resumes Canadian Canola Imports After Trade Tensions Ease

China Resumes Canadian Canola Imports After Trade Tensions Ease

01/29/2026
Port of Montreal Posts Container Growth in 2025 Despite Global Trade Uncertainty

UAE Logistics Network Expands Pakistan Shipping Options Through New Partnership

01/29/2026
UK Rail Freight Interchange Project Seeks Government Decision Amid Infrastructure Debate

Saudi Rail Authority Issues Tender for 10 New Passenger Trains to Boost Northern Network Capacity

01/29/2026
U.S. Trade Gap Nearly Doubles in Latest Data as Imports Outpace Exports

U.S. Trade Gap Nearly Doubles in Latest Data as Imports Outpace Exports

01/29/2026
U.S. Truck Parking Expansion Funding at Risk Amid Congressional Budget Battle

U.S. Truck Parking Expansion Funding at Risk Amid Congressional Budget Battle

01/29/2026
U.S. Weekly Rail Traffic Falls 4% as Intermodal and Carload Moves Slow Early in 2026

U.S. Major Rail Carrier to Submit Revised Merger Application in March After Regulatory Setback

01/29/2026
Global EV Market’s Continued Renaissance

New Truck‑to‑Air Multimodal Service Emerges on Asia–Europe Trade Lane

01/29/2026
Transportation Mergers & Acquisitions Set to Rise in 2026 as Deal Activity Heats Up

U.S. Trucking Regulator Stands Firm on Foreign Driver Rules Despite Multi‑State Pushback

01/30/2026
UK Postal Delays Over Christmas Hit Highest Levels in Five Years, Consumer Watchdog Warns

UK Postal Delays Over Christmas Hit Highest Levels in Five Years, Consumer Watchdog Warns

01/29/2026
Global Survey Shows 60% of Executives Prioritise Cyber Risk as Strategic Threat

Global Survey Shows 60% of Executives Prioritise Cyber Risk as Strategic Threat

01/29/2026
Electric Truck Fleet Expansion in Japan Highlights Logistics Decarbonisation Push

Canadian Trucking and Logistics Sector Loses Nearly 17,000 Jobs in December

01/30/2026
Parcel Network Reaches 90% Automation Target, Boosting Processing Capacity

Supply Chain Disruption Is Prompting Strategic Shifts Across the Americas

01/29/2026
supplychainreport
Wednesday, February 4, 2026
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Sumitomo and Van Oord Named Preferred Bidders for Shetland 2 Subsea Cable Project

by Geraldine S.
05/14/2024
in Industry, Manufacturing

SSEN Transmission has selected Sumitomo Electric and Van Oord as the preferred bidders for the construction of the Shetland 2 525kV high voltage direct current (HVDC) subsea cable. The project is a significant component of the broader GB-wide strategic transmission network plan titled “Beyond 2030.” As part of this initiative, SSEN anticipates investing approximately £5 billion in northern Scotland by 2035. The Shetland 2 project aims to connect Shetland to the mainland over a distance of 330 kilometers, facilitating the transfer of 2GW of renewable electricity to the GB network. Sumitomo Electric recently commenced the construction of a new subsea cable factory in the Scottish Highlands, which will produce essential elements for the UK’s electricity transmission grid and its connection to renewable energy sources. The factory is scheduled to be operational by 2026.

A groundbreaking ceremony was held at the Port of Nigg, with Osamu Inoue, President and COO of Sumitomo Electric Group, hosting the event. Distinguished attendees included Maairi McAllan, Scottish Cabinet Secretary for Net Zero and Energy, alongside other UK and Scottish government officials. Rob McDonald, Managing Director of SSEN Transmission, expressed satisfaction with the progression to Preferred Bidder Status with Sumitomo Electric Industries and its partner, Van Oord Offshore Wind UK. He highlighted the strategic importance of the new facility in Nigg, emphasizing its role in bolstering the UK’s energy security and supporting infrastructure for net zero goals.

YOU MAY ALSO LIKE

UAE Logistics Network Expands Pakistan Shipping Options Through New Partnership

Saudi Rail Authority Issues Tender for 10 New Passenger Trains to Boost Northern Network Capacity

Arnoud Kuis, Managing Director of Van Oord Offshore Wind, also commented on the collaboration, noting the combined expertise of the Sumitomo and Van Oord partnership in advancing the Shetland 2 project. The new factory represents a significant investment, announced by the Scottish Government to be £350 million, expected to create over 150 skilled jobs in the region. This development is part of an effort to enhance local supply chains and support the UK and Scottish governments’ net zero initiatives.

Inoue remarked on the importance of the facility in facilitating the transition to renewable energy, describing it as crucial infrastructure. McAllan emphasized Scotland’s growing role as a renewable energy leader, citing the ceremony as a testament to the successful collaboration between the public and private sectors in driving economic growth and environmental protection. The Scottish Government’s commitment includes up to £500 million to support the offshore wind supply chain, aiming to generate significant economic benefits and job creation within the sector.

Explore the newest supply chain news at The Supply Chain Report. Visit ADAMftd.com for free international trade tools.

#Shetland2Project #RenewableEnergyNews #SSENTransmissionNews #SumitomoElectric #SumitomoElectricNews

ShareTweet

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.