Mitsui buys offshore hub

Japanese company Mitsui is set to acquire the Port of Nigg in northeast Scotland, located close to the world's biggest offshore wind power development area.

Through this acquisition, Mitsui will combine the extensive industrial networks that it has built as a global trading and investment company, with the shipping and port business assets, thereby strengthening steel processing and manufacturing operations, base port operations, and supply chains centred on these activities.

Mitsui has made a range of strategic investments related to the energy sector in the UK, as the company strives "establish a foundation for sustainable and stable supply" and "create a community coexisting with nature".



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