AG Seville wins 25-year port shipyard concession with $11m investment plan

AI Summary

AG Seville Shipyard has won a 25-year concession to operate the ship repair facilities at Spain’s Port of Seville. The port authority’s approval clears the way for the company’s planned investment of about €10 million in the facilities.

AG Seville Shipyard has won the competition to continue operating the ship repair facilities at Spain’s Port of Seville, clearing an important hurdle for a proposed €10m ($11.2m) investment programme. Seville Port Authority’s board approved the selection of AG Seville Shipyard on October 20, allowing the company to retain its position at the former Astilleros …