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The harbour reinvests all profits back into the port and the deal will help fund a new £90m dual-purpose cruise and offshore wind site. It will also help to pay for works to further reinforce the terminal to handle the next generation of offshore wind turbines, whose components can weigh more than 1,000 tonnes. The new terminal will be able to accommodate some of the world's largest cruise vessels. It will involve a new dual-purpose quay and deep water berth, targeted for completion in 2027. Mr O'Neill said the project is both a "boost for clean energy generation" and "positioning [the] cruise business for further growth". "Ports will play a fundamental role in the transition to clean energy particularly for the delivery of offshore windfarms," he added. "There is very limited port capacity to contribute to the transition to offshore wind, clean energy," Mr O'Neill added. "We're just delighted we've through good forethought had the investment in place already to be able to accommodate this project and then hopefully follow on projects."
