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Hd Korea Shipbuilding & Offshore Engineering Wins Two Lng Carrier Orders Worth 741.2 Billion Wonin Shipbuilding News
19/11/2025
HD Korea Shipbuilding & Offshore Engineering, the intermediate shipbuilding holding company of HD Hyundai, said on the 18th that it signed a construction contract with a shipowner in North America for two liquefied natural gas (LNG) carriers.
The total order value is 741.2 billion won, and the vessels will be built by HD Hyundai Samho and delivered sequentially by the second half of 2028.
Including this order, HD Korea Shipbuilding & Offshore Engineering has won a total of 104 ships ($14.24 billion), achieving 78.9% of its annual target ($18.05 billion).
By ship type, the orders are seven LNG carriers, six LNG bunkering vessels, nine liquefied petroleum gas (LPG) and ammonia carriers, two ethane carriers, 61 container ships, 16 tankers, and three PC ships.
Source: CHOSUNBIZ
Hellenic Shipping News
port & ship
20 November 20251 min readHd Korea Shipbuilding & Offshore Engineering Wins Two Lng Carrier Orders Worth 741.2 Billion Won
Hellenic Shipping News
20 November 2025
port-and-ship
India Reaches 125 Gw Solar Milestone, Renewables Now Powering Majority Of The National Grid – EqIn Short : India’s solar capacity has reached an impressive 125 GW, marking a major milestone in the nation’s clean energy journey. Renewables now contribute over 50% of the country’s total power generation. This achievement underscores India’s commitment to sustainable growth, energy security, and its goal of achieving 500 GW of renewable capacity by 2030.
In Detail :India has achieved a significant milestone in its clean energy journey, with solar power capacity reaching an impressive 125 GW. This growth highlights the country’s rapid progress in transitioning toward a sustainable and low-carbon energy future. Solar energy continues to play a central role in India’s renewable power expansion strategy.
The country’s total renewable energy capacity, including solar, wind, biomass, and small hydro, now powers over half of India’s electricity grid. This marks a historic moment, showcasing how renewables have become a dominant contributor to national power generation, surpassing traditional fossil fuel-based energy sources in share and reliability.
Officials from the Ministry of New and Renewable Energy (MNRE) have emphasized that this achievement reflects years of consistent policy support, technological advancement, and large-scale investments in solar infrastructure. India’s focus on decentralized and utility-scale solar projects has significantly boosted capacity across multiple states.
Major solar parks in Rajasthan, Gujarat, and Tamil Nadu have driven this expansion, supported by private developers and public-sector entities. Government-backed schemes such as PM-KUSUM, rooftop solar initiatives, and viability gap funding have also contributed to steady capacity addition in both rural and urban regions.
The rapid growth of renewables is transforming India’s power landscape by reducing dependence on coal and lowering carbon emissions. Experts note that this shift also strengthens India’s energy security and aligns with its climate commitments under the Paris Agreement and COP28 targets.
International collaborations and foreign investments have played a crucial role in accelerating solar deployment. Partnerships with institutions like the International Solar Alliance (ISA) and financing from global green funds have further enhanced India’s ability to scale clean energy projects efficiently.
Industry stakeholders believe that surpassing the 125 GW solar milestone demonstrates India’s leadership in renewable energy deployment among developing nations. With supportive policies and innovation in solar manufacturing, India is well-positioned to become a global hub for green technology.
However, challenges remain in areas such as energy storage, transmission infrastructure, and grid balancing. To address these, the government is encouraging the adoption of battery energy storage systems (BESS) and hybrid renewable projects combining solar and wind power.
India’s vision for 2030 aims for 500 GW of renewable energy capacity, with solar expected to play the largest role. Reaching 125 GW marks not just progress but also a reaffirmation of India’s commitment to a sustainable, self-reliant, and resilient energy future for generations to come.
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EQ Mazagine
powerplant
19 November 20253 min readIndia Reaches 125 Gw Solar Milestone, Renewables Now Powering Majority Of The National Grid – Eq
EQ Mazagine
19 November 2025
powerplant
Eni’S $180M Pitch To Boost Egyptian Gas OutputItalian energy company Eni reportedly plans to invest $180 million in a new gas processing plant at its Meleiha onshore concession in Egypt’s Western Desert amid a growing domestic shortfall of gas.
The plant will have a processing capacity of 100 million cubic feet per day, Asharq Business, an Arabic-language financial website, reported, quoting an unidentified official.
Eni aims to add nearly 80 million cubic feet per day to the country’s gas production by next September, as part of a plan to increase output from the Meleiha fields next year.
The plant will increase field efficiency and reduce losses, helping Cairo to boost domestic gas production and narrow the production-consumption gap.
Eni also intends to build a new gas pipeline within the concession and link it to the northern pipeline in the Mellaha area, strengthening gas processing and transport in the Western Desert.
The Italian company started production from the Mellaha field in April 2022 with an initial capacity of 8,500 barrels of oil equivalent per day.
Egypt’s petroleum ministry has been working with foreign companies to complete five gas projects next fiscal year, with total investments of $1.6 billion. The country’s fiscal year runs from July 1 to June 30.
It produces an estimated 4.2 billion cubic feet of natural gas per day, compared with domestic demand of 6.2 billion cubic feet per day.
In October Eni resumed offshore exploration in Libya after a hiatus of over five years.
This month, Egypt launched a global tender for oil and gas exploration in four Red Sea regions, aiming to attract new foreign investment and boost domestic gas production.
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Arabian Gulf Business Insight
oil & gas
19 November 20252 min readEni’S $180M Pitch To Boost Egyptian Gas Output
Arabian Gulf Business Insight
19 November 2025
oil-gas
Vulcan Elements To Build $918M Rare Earth Magnet Factory In Benson, North CarolinaVulcan Elements Inc. plans to build a $918.1 million rare earth magnet factory in Benson, North Carolina, expanding its production capacity and adding 1,000 jobs in Johnston County, the company announced Tuesday.
The company currently operates a smaller magnet manufacturing facility in Research Triangle Park. The new 1 million-square-foot site in Benson represents a major scale-up and is expected to become the largest magnet production plant outside China. Rare earth magnets play a critical role in technologies dependent on electric motors and precision motion systems, including but not limited to electronics, robotics, electric vehicles, data centers, and numerous defense applications.
The plant will produce up to 10,000 metric tons of Neodymium Iron Boron magnets each year. This expansion addresses rising demand in advanced manufacturing and strengthens the domestic magnet supply chain.
The state’s Economic Investment Committee approved a Job Development Investment Grant to support the project. Over 12 years, the project is expected to add about $2.6 billion to the state economy. The JDIG allows the company to receive up to $17.58 million if it meets annual job creation and investment targets.
Because Johnston County is a Tier 3 county, the state will allocate up to $5.86 million to the Industrial Development Fund – Utility Account for rural infrastructure. The state may also provide up to $250,000 for road improvements.
The project will create new administrative, engineering, and production jobs, with an estimated annual payroll of $81.9 million. Multiple state and local partners, including the North Carolina Department of Commerce, the Economic Development Partnership of North Carolina, Johnston County, and the Town of Benson, supported the project.
Vulcan Elements recently announced a $1.4 billion partnership with the U.S. Government and ReElement Technologies to expand a fully domestic rare earth magnet supply chain. The agreement includes plans for a U.S.-based 10,000-metric-tonne magnet production facility and expanded recycling and processing of end-of-life magnets and electronic waste.
The expansion will receive federal and private funding, including a $620 million direct loan from the Office of Strategic Capital, $50 million from the Department of Commerce under the CHIPS and Science Act, $550 million in private capital, and an $80 million direct loan to ReElement Technologies. In exchange, the government will receive warrants in both companies and $50 million in equity in Vulcan Elements.
This project builds on a recently completed rare-earth magnet facility in Sumter County, South Carolina, contributing to a broader national effort to expand domestic magnet production.
Project: Vulcan Elements domestic rare earth magnet facility expansion
Location: Benson, Johnston County, North Carolina
Investment: $918.1 million
Jobs Created: 1,000 new positions (administrative, engineering, and production roles)
Facility Size: 1 million square feet
Production Capacity: 10,000 metric tonnes of Neodymium Iron Boron magnets annually
Purpose: Expand domestic rare earth magnet production capacity; support growing demand in electronics, robotics, electric vehicles, data centers, and defense systems
Estimated annual payroll: $81.9 million
Job Development Investment Grant (JDIG) approved for 12 years
Projected state economic growth over 12 years: $2.6 billion
Potential JDIG reimbursement to company: up to $17.58 million
Tier 3 County Adjustment: Up to $5.86 million allocated to the Industrial Development Fund – Utility Account to support rural infrastructure
Additional State Support: Up to $250,000 anticipated for road improvements
Construction Review
factory
19 November 20253 min readVulcan Elements To Build $918M Rare Earth Magnet Factory In Benson, North Carolina
Construction Review
19 November 2025
factory
Turkey'S Tpao Targets $4 Billion Debt Issuance To Accelerate Oil And Gas Production(Bloomberg) – Turkey’s state energy company Turkiye Petrolleri AO plans to sell as much as $4 billion in Islamic debt as part of its push to expand oil and gas production, marking the firm’s first such international debt offering.
The company, also known by its Turkish initials TPAO, is preparing to issue the five-year sukuk to international investors by the end of the year, Energy Minister Alparslan Bayraktar told Bloomberg on Monday.
The debut sukuk follows non-deal roadshow meetings in London, Abu Dhabi and Dubai, where officials briefed potential investors on TPAO’s financial outlook and projects, including Black Sea natural gas production and the Gabar oil field in Turkey’s southeast, he said.
Owned by Turkey’s sovereign wealth fund, TPAO also has a growing portfolio of international projects including exploration plans in Libya, Oman and Pakistan alongside existing production in Azerbaijan, Iraq and Russia.
TPAO produced 33.7 MMbbl of oil and 2.2 Bcm of gas in Turkey in 2024, former CEO Ahmet Turkoglu told a parliamentary commission earlier this year. It also pumped 39.4 MMboe from international projects.
He said that the company made a profit of 15.4 billion liras last year — equivalent to around $390 million at the time of the comments.
Production is set to increase both at home and abroad. Turkey plans to increase output at the main Black Sea gas field, Sakarya, to 45 MMcm/d in 2028 from the current 9.5 MMcm/d, Bayraktar said. TPAO is also planning to develop unconventional reserves in the southeast in partnership with U.S.-based Continental Resources, Inc. and TransAtlantic Petroleum Ltd.
TPAO established a subsidiary, TPAO Varlik Kiralama, earlier this month to manage the sukuk issuance.
The debt sale comes as Turkey’s borrowing costs decline due to an easing of political tensions at home, the government’s commitment to orthodox economics and improved sentiment toward emerging markets.
That has fueled wave of issuances from both the state and private sector and led Gulf banks in particular to expand their lending in the country.
World Oil
oil & gas
19 November 20252 min readTurkey'S Tpao Targets $4 Billion Debt Issuance To Accelerate Oil And Gas Production
World Oil
19 November 2025
oil-gas
2020 Bulkers Offloads Newcastlemax Bulkers In $145.5M DealLars-Christian Svensen-led 2020 Bulkers has inked an agreement to sell each of its 2020-built newcastlemax vessels, Bulk Sydney and Bulk Santos,to an unaffiliated third party.
The Oslo Børs-listed newcastlemax shipowner said it had agreed to offload the vessels for a total consideration of $145.5m.
The shipowner didn’t disclose the name of the buyers.
The company will retain the vessels’ respective operating cashflows until closing of each vessel transaction, 2020 Bulkers said in a filing, each of which is agreed to take place during the first quarter of 2026.
Meanwhile, the shipowner expects to recognize a net book gain of approximately $61m upon completion of the transactions.
The company’s board of directors will, subject to completion of the sales, determine the allocation of the net proceeds from the transactions.
As it is reported, each sale is subject to certain closing conditions, in line with industry standards.
Magnus Halvorsen, chairman of 2020 Bulkers, commented: “The sales of Bulk Sydney and Bulk Santos for an average price of US$72.75 million per vessel conclude the monetization of the company’s newbuilding program, which was initiated in September 2017.
“Between August 2019 and June 2020, we took delivery of eight scrubber-fitted Newcastlemax vessels at an average all-in delivered cost of US$47.6 million per ship. Driven by a prudent capital structure and active commercial risk management, the company has been profitable every quarter since the first vessel was delivered.
“The newbuilding program was financed with US$142 million in equity in addition to the required debt financing. Since inception, the company has returned US$238 million to shareholders through capital distributions and dividends and expects to realize US$312 million in net proceeds from the sale of the six remaining vessels, following repayment of outstanding debt.
“In addition, the company holds US$17 million in cash as of today and will retain the cash flow from the vessels until they are delivered to their respective buyers.”
Currently, 2020 Bulkers has six newcastlemax dry bulk vessels in operation. All vessels are fitted with exhaust scrubber systems.
Shipping Telegraph
port & ship
19 November 20252 min read2020 Bulkers Offloads Newcastlemax Bulkers In $145.5M Deal
Shipping Telegraph
19 November 2025
port-and-ship
Severn Trent Engages Market On £200M Northern Section Of Ambitious Water Transfer ProjectSevern Trent Water has launched a second stage of preliminary market engagement for the delivery of the Minworth Strategic Resource Option (SRO), an integral component of the broader Grand Union Canal Transfer (GUCT) scheme.
Valued at an estimated £200M excluding VAT, the project aims to significantly bolster water security in the southeast of England by transferring highly treated recycled water from the Midlands.
The Minworth SRO focuses on the northern section of the wider GUCT initiative, centred on the construction of an Advanced Water Treatment Plant (AWTP) at Severn Trent’s existing Minworth site. This state-of-the-art facility will treat recycled water to a high standard before it is transferred via a 17km underground pipeline to an outfall in the Coventry Canal at Atherstone. From there, the water will be transported along the canal network as part of the GUCT project, which ultimately serves to meet increasing water demand in the Southeast.
Stages of Severn Trent’s Minworth SRO
This announcement follows the initial preliminary market engagement carried out in the summer, with Severn Trent now inviting potential suppliers to participate in one-to-one and deep dive sessions. These sessions are designed to cover a range of topics critical to the project’s success, including delivery models, procurement updates, early contractor involvement, asset and water quality considerations, sustainability and social value, as well as innovation and digital integration.
Severn Trent’s current thinking is that the procurement will be structured around seven lots, allowing for flexible participation by contractors. These lots cover various combinations of the AWTP asset, water quality management and pipeline corridor responsibilities. Interested parties can apply for one or multiple lots depending on their expertise and capacity. Currently, the estimated contract period is projected to run from December 2028 through to December 2030.
The engagement deadline for the current round of preliminary market engagement is set for 28 November.
Severn Trent plans to conduct a third round of market engagement in late 2025, which will finalise the procurement strategy ahead of a formal procurement launch in early 2027.
Distinctly, the Minworth SRO will be delivered in-house by Severn Trent, contrasting with the Grand Union Canal SRO in the south, which Affinity Water is managing through the Direct Procurement for Customers (DPC) process.
The Grand Union Canal Transfer project represents a collaborative effort between Severn Trent Water and Affinity Water, aiming to transport surplus treated wastewater from the Midlands to the increasingly water-stressed southeast. The initiative is a strategic response to long-term water demand challenges, offering a sustainable and innovative pathway to improve regional water resilience. Mott MacDonald and Adams Henry Consulting are aiding in drawing up the development consent order (DCO) application for the scheme.
By constructing the AWTP at Minworth and facilitating the underground transfer of water to the Coventry Canal, Severn Trent is advancing a critical piece of infrastructure that will underpin the success of the wider GUCT programme. The project not only addresses environmental and sustainability objectives but also aligns with broader social value goals, underscoring the company’s commitment to responsible resource management.
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New Civil Engineer- Water
water
18 November 20253 min readSevern Trent Engages Market On £200M Northern Section Of Ambitious Water Transfer Project
New Civil Engineer- Water
18 November 2025
water
Inoxap To Supply Nitrogen For Grew Energy’S 3 Gw Solar Manufacturing PlantINOX Air Products (INOXAP) has inked a long-term on-site gas supply agreement with Grew Energy Private Limited for the latter’s 3 GW solar PV cell manufacturing facility in Narmadapuram, Madhya Pradesh. As part of the arrangement, INOXAP will provide ultra-high purity nitrogen to meet the precision manufacturing needs of Grew Energy’s solar cell production. Additionally, the company will establish a dedicated pipeline linking its existing air separation unit in Narmadapuram to the Grew Energy facility.
Earlier in December 2024, Grew Energy announced plans to supply 500 MW of solar modules for Jindal Renewables’ solar power project in Rajasthan.
Furthermore, in May 2025, Asahi India Glass Limited signed a 20-year offtake agreement with INOXAP for the supply of green hydrogen to AIS’s new float glass facility in Soniyana, Chittorgarh, Rajasthan.
Renewable Watch
powerplant
18 November 20251 min readInoxap To Supply Nitrogen For Grew Energy’S 3 Gw Solar Manufacturing Plant
Renewable Watch
18 November 2025
powerplant
Panynj Outlines Airport Modernisation In Proposed $45 Billion Capital PlanThe Port Authority of New York and New Jersey (PANYNJ) has published its proposed 45 billion USD capital plan for 2026–2035, setting out a decade of investment across its aviation network, including major upgrades at JFK, Newark Liberty and LaGuardia.
The authority states that the plan builds on the momentum of current redevelopment programmes and is structured to address growing demand, climate resilience requirements and the need for modern, reliable passenger infrastructure. As with previous plans, the programme is funded without state or local tax revenue.
The capital plan advances the multi-year redevelopment of John F. Kennedy International Airport, one of the largest airport transformation projects underway in the United States.
A significant element is the planned redesign of AirTrain JFK, with higher-capacity trains and upgraded stations intended to improve service reliability and support the expanded terminal footprint. The first gates of the new Terminal 1 and Terminal 6 are due to open in 2026, alongside further phases of the airport’s redesigned internal roadway network.
At Newark Liberty International Airport, work on the new 3.5 billion USD AirTrain Newark continues. The replacement system is designed to deliver improved reliability, longer trains and more efficient inter-terminal, parking and rail-station connections.
The plan also includes:
The plan provides for the replacement of the 85-year-old Terminal A while preserving its landmark rotunda. The project complements the existing redevelopment of Terminals B and C, which were delivered under previous capital plans.
Passenger access improvements form a major component, including:
The redevelopment is designed to manage increased passenger demand and integrate LaGuardia more effectively into the region’s transit network.
Airport-linked sustainability measures feature prominently. The authority has earmarked funding to support its target of cutting greenhouse gas emissions by 50 per cent by 2030. This includes fleet electrification, zero-emission ground operations where feasible, and resilience projects designed to mitigate extreme weather impacts across airfield, terminal and landside infrastructure.
The capital plan maintains support for digital transformation, with ongoing development of autonomous technologies, AI tools and advanced air-mobility concepts. These initiatives aim to enhance operational efficiency, safety and passenger flow management across the aviation network.
Alongside the capital plan, the Port Authority has issued its 2026 budget proposal, totalling 10.1 billion USD. Of this, 4.1 billion USD is allocated to capital works, including AirTrain Newark construction, continued redevelopment at JFK, and state-of-good-repair programmes across the three major airports.
Passenger volumes are expected to remain strong in 2026, with demand forecasts underpinning investment in new terminal capacity, modernised AirTrain systems and broader access improvements.
Airport Industry News
airport
15 November 20253 min readPanynj Outlines Airport Modernisation In Proposed $45 Billion Capital Plan
Airport Industry News
15 November 2025
airport
Bhp’S Billion-Dollar Pilbara PlanBHP is reaffirming its long-term commitment to the Pilbara, with Western Australia Iron Ore (WAIO) asset president Tim Day announcing more than $1 billion in new investment for Port Hedland at the 2025 Hedland Economic Forum.
Day said BHP’s plans include the delivery of a sixth car dumper at Nelson Point, which will support sustained production of more than 305 million tonnes a year over the medium term.
“We’re investing more than $1 billion to deliver a sixth car dumper at Nelson Point,” Day said. “This will enable at least five car dumpers to run around 90 per cent of the time. It’ll generate some massive opportunities to create jobs and drive the economy here in Hedland too.”
He said the project reflects BHP’s broader focus on “writing the next big chapter” for the region through collaboration between miners, government, traditional owners, businesses and the community.
“The Pilbara is the engine room of Australia,” he said. “We need to focus on how we can unlock new projects and growth opportunities, improve liveability through better housing, healthcare and education, and create more opportunities for local industry to thrive.”
Day said local partnerships remain crucial, noting that last year BHP spent more than $730 million with nearly 300 Western Australian businesses, including $50 million through its Local Buying Program.
BHP is also collaborating with the WA Government and Core Innovation Hub to deliver the Made in the Pilbara grants program, which aims to help local businesses innovate and grow.
Decarbonisation remains a key focus for the miner. Day outlined BHP’s progress in trialling battery-electric haul trucks at the Jimblebar mine and preparing for the arrival of Australia’s first battery-electric locomotives in Port Hedland next month through its partnership with Wabtec.
“Replacing diesel isn’t just a fuel switch; it’s a transformation in how we operate, power our sites and train our people,” he said. “Electrifying our fleet isn’t just about lower emissions, it’s about smarter logistics, safer operations and a more resilient future.”
Day said BHP’s collaboration with Rio Tinto, Caterpillar and Komatsu on trialling battery-electric haul trucks in the Pilbara.
“Port Hedland isn’t just a gateway,” he said. “It’s a launchpad for the future of our industry.”
Get 50 per cent off your Australian Mining annual magazine subscription during our Black Friday sale. Visit our subscription page and use the code: AMBF25. Ends on 27 November 2025.
Australian Mining
mining
14 November 20252 min readBhp’S Billion-Dollar Pilbara Plan
Australian Mining
14 November 2025
mining
Severn Trent Invites Suppliers To Register For Deep Dive Sessions For Upcoming £200 Million Sro Minworth (Northern Section) ProcurementThe aim of the Deep Dive Sessions is to provide the market with insight of the Minworth Strategic Resource Option) which includes the upgrade of its wastewater treatment plant at the Minworth site. The project aims to take surplus treated water from the Minworth Wastewater Recycling Centre and treat it further at a new Advanced Water Treatment Plant to create a new water resource.
The Minworth SRO is one of two Strategic Resource Options (SROs) in the Grand Union Canal Transfer scheme (GUCT) – a collaborative initiative between Affinity Water and Severn Trent, The Grand Union Canal Strategic Resource Option(GUC SRO) is being delivered by Affinity Water.
The Minworth SRO seeks to provide a sustainable solution to meet future water demands and improve water security in the Southeast region. Broadly speaking, the Minworth SRO encompasses the construction of an Advanced Water Treatment Plant (AWTP) on Severn Trent’s existing Minworth site and transfer via an underground pipeline to an outfall into the Coventry Canal at Atherstone.
Current estimated start and end contract dates for the project are 1 December 2028 to 1 December 2030.
As part of its Preliminary Market Engagement activity Severn Trent now intends to conduct a series of Deep Dive Sessions as follows:
Deadline for suppliers to register to participate in the Deep Dive sessions is 28 November 2025. Suppliers are invited to participate in the Preliminary Market Engagement Deep Dives by registering on SAP Ariba using the following link – https://discovery.ariba.com/rfx/23446725.
Suppliers who participate in the Deep Dive Sessions will also be able to submit a Feedback Form commenting on the sessions they join via the following link - https://forms.office.com/e/D4Kg4DQFQd
Following the initial Preliminary Market Engagement activities Severn Trent will then progress to the next stage of a public consultation.
Deadline for suppliers to register to participate in the Deep Dive sessions is 28 November 2025.
Water Briefing
water
14 November 20252 min readSevern Trent Invites Suppliers To Register For Deep Dive Sessions For Upcoming £200 Million Sro Minworth (Northern Section) Procurement
Water Briefing
14 November 2025
water
Heathrow Business Summit Celebrates Record Sme Turnout As Airport Doubles Supply Chain Investment To £2 BillionPosted: 13 November 2025 | Gabriel Higgins | No comments yet
Heathrow’s 27th Business Summit brought together nearly a thousand SMEs, announcing plans to double supply chain investment to £2 billion by 2027.
Credit: London Heathrow Airport
Nearly a thousand business leaders gathered at the Allianz Stadium in Twickenham for the 27th Heathrow Business Summit, marking the biggest event in its history. The summit celebrated small and medium-sized enterprises (SMEs) from London and across the UK that form the backbone of the airport’s supply chain and the wider economy.
Heathrow Airport currently invests over £1 billion annually in its supply chain but plans to double this to £2 billion by 2027, creating greater opportunities for SMEs to participate. Local and smaller firms already make up 60 per cent of Heathrow’s suppliers, underpinning employment and contributing to national growth. From family-run companies to innovative start-ups, these businesses play a key role in keeping more than 80 million passengers and £215 billion of trade moving through the airport each year.
The event, held in partnership with local chambers of commerce and business organisations, featured speeches by Heathrow’s Chief Executive, Thomas Woldbye, and Lord David Blunkett, along with panel discussions led by senior Heathrow representatives and existing suppliers. Participants attended workshops detailing the supplier journey and took part in Meet the Buyer sessions, connecting directly with decision-makers from Tier 1 suppliers to discuss potential collaborations.
Join us live for an insightful webinar on 11th December at 14:00 GMT, in collaboration with Smiths Detection, as we explore the strategic balance of operational efficiency, regulatory compliance, and sustainability in high-volume security environments.
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Becky Coffin, Heathrow’s Director of Communities and Sustainability, highlighted the scale of upcoming investment: “Heathrow is embarking on a major upgrade programme to modernise the airport and enhance the experience for our passengers. Our five-year plan looks to double our private investment to £10 billion, and SMEs will be vital in helping us deliver these upgrades to ensure an even better service.
“This represents a huge opportunity for businesses across the UK to join our supply chain and support Britain’s global gateway, even before construction begins on a potential third runway. SMEs have long been the lifeblood of our success, and it’s fantastic to see so many stepping forward to grow with us.”
Lord Blunkett reinforced the importance of inclusive economic development: “It’s pivotal that as Heathrow grows, so do the communities around it. That growth is not just measured in passenger numbers or infrastructure but in lives improved, careers built and local economies strengthened. Preparing individuals with the skills needed, and offering opportunities to previously excluded groups, will enable many more to benefit from expansion.
“Public entities, businesses and local communities each have a vital role to play—and only by working together can we create the kind of economic foundation that lasts. Bringing these groups together through collaborative initiatives like the Heathrow Business Summit offers SMEs a platform to connect with the Heathrow supply chain, unlocking the potential for real, inclusive growth—growth that benefits everyone.”
Among the many businesses attending was The Pallet Yard, a Southall-based SME that forms part of Heathrow’s supply network. Ruth-Anne Lynch, Co-Director of The Pallet Yard, said: “Working with Heathrow is huge for an SME like ourselves. The Business Summit opens doors for new suppliers to start building relationships with Heathrow and its wider network, including with more tier-one suppliers within the supply chain, creating even greater opportunities for growth.”
For details on how to do business with Heathrow and view current opportunities, visit competeFor.com/heathrow.
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International Airport Review
airport
14 November 20255 min readHeathrow Business Summit Celebrates Record Sme Turnout As Airport Doubles Supply Chain Investment To £2 Billion
International Airport Review
14 November 2025
airport
Plans Are Unveiled For A 322-Meter Residential Skyscraper In Jersey CityA major new development has been proposed for Jersey City that would reshape the city’s skyline and include a 322-meter skyscraper.
Located at 100 Bay Street, the project from BLDG Management envisions two high-rises—one at 90 floors and the other at 40 floors—set atop a shared podium and linked by a sky bridge at the 40th floor. Designed by architecture firm Pelli Clarke & Partners, the development aims to integrate with the character of Jersey City’s Arts District while introducing a bold new architectural landmark on the Hudson River waterfront.
The 1.6-million-square-foot (148,644 square meter) complex would comprise approximately 1,300 apartments, with 20 percent designated as affordable housing. Units will range from smaller residences suited to individuals to larger layouts designed for families. Plans also include 29,000 square feet (2,694 square meters) of retail space at street level, creating an active pedestrian experience, along with amenity and recreational areas for residents.
The taller of the two buildings is planned to reach 1,055 feet (321.6 meters), positioning it as a supertall building and in the range of other residential supertalls in the region like New York’s Central Park Tower (472.4 meters), 111 West 57th Street (435.3 meters), and 432 Park Avenue (425.7 meters). The towers’ slender forms are designed to allow more daylight to reach the surrounding streets while preserving key view corridors for neighboring residents.
In addition to housing and retail components, the project will include parking for both residents and visitors and a covered entrance to reduce street congestion.
If approved, the development would mark a significant milestone in Jersey City’s ongoing transformation into a major residential and cultural hub, further establishing its place among the nation’s most architecturally ambitious urban centers.
Read more at NJ.com
Council on Tall Buildings and Urban Habitat
skyscraper
13 November 20252 min readPlans Are Unveiled For A 322-Meter Residential Skyscraper In Jersey City
Council on Tall Buildings and Urban Habitat
13 November 2025
skyscraper
Vedanta To Invest Us$1.5 Billion In Zambia To Increase Copper…Vedanta Resources announced on November 6 the creation of CopperTech Metals Inc., a new subsidiary responsible for operating its Konkola copper mine in Zambia. As part of this restructuring, the company said it will invest an additional US$1.5 billion to increase production to 300,000 tons by 2031. The move aligns with the broader wave of growth investments in Zambia’s copper industry in recent years.
Zambia aims to raise national copper output to 3 million tons by 2031, up from 821,670 tons in 2024. Several mining companies have announced expansion projects to support this goal. Canada’s Barrick Mining plans to double output at its Lumwana mine through a US$2 billion investment, while China’s JCHX intends to inject US$300 million to extend the life of its Lubambe mine.
At Konkola, Vedanta’s planned US$1.5 billion will add to the US$3 billion already invested in recent years. These investments are intended to boost production capacity and support Zambia’s long-term growth strategy at a time when global copper demand is rising due to the energy transition and the expansion of the artificial intelligence sector.
According to the International Energy Agency (IEA), the copper supply deficit could reach 30% by 2035. Combined with recent supply chain disruptions, these trends position new and expanded mines as key contributors to future global supply, provided the announced investments materialise.
Vedanta has not yet detailed how it plans to finance the new Konkola investment, even as it works to reduce debt and strengthen its balance sheet. For now, the company expects 140,000 tons of copper output from Konkola in its 2026 fiscal year. Nationally, Zambia targets 1 million tons of production this year.
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Africa Mining Market
mining
11 November 20252 min readVedanta To Invest Us$1.5 Billion In Zambia To Increase Copper…
Africa Mining Market
11 November 2025
mining
Clark And D.A. Everett To Lead $800M Carolina Panthers Nfl Stadium RevampA joint venture between Clark Construction and D.A. Everett Construction will oversee the $800 million renovationof Bank of America Stadium, home of the NFL’s Carolina Panthers, according to an announcement from Tepper Sports & Entertainment. Work is scheduled to begin in 2026 and conclude by 2030.
The project will modernise the Charlotte, North Carolina venue, enhancing infrastructure, technology, and fan experience. Early phases will focus on electrical, plumbing, mechanical, and HVAC upgrades, with subsequent work including new seating, lighting, concessions, concourse improvements, upgraded audio and video systems, and exterior video boards for community events. A group viewing area will also be added in the upper bowl.
Alongside the stadium renovation, the Panthers’ existing nine-acre practice field will be redeveloped to include a new indoor field house, to be delivered by Rodgers Builders and R.J. Leeper Construction, both Charlotte-based firms.
CAA Icon will act as project manager and owner’s representative, while HOK, the original architect of Bank of America Stadium in the 1990s, will once again provide design services.
The renovation is primarily financed through tourism tax revenue, which will cover 80% of the total cost. The Charlotte City Council approved the project in June 2024, later authorising $650 million in debt to move forward.
As part of the city’s inclusion goals, 15% of construction work will go to minority-owned small businesses and 12% to women-owned firms. Both D.A. Everett Construction and R.J. Leeper Construction are minority-owned companies.
In addition to hosting the Carolina Panthers, Bank of America Stadium is also home to Major League Soccer’s Charlotte FC.
Stadia Magazine
stadium
06 November 20252 min readClark And D.A. Everett To Lead $800M Carolina Panthers Nfl Stadium Revamp
Stadia Magazine
06 November 2025
stadium
Spurs Secure Funding For $1.3B Arena, Set Stage For Wemby’S PrimeThe Spurs are set to move to a new downtown area after San Antonio–area voters approved a county-level funding measure Tuesday.
Bexar County, Texas, voters passed a $311 million measure that will help fund a $1.3 billion arena at Hemisfair, a downtown location that was the site of the 1968 World’s Fair. Separately, the city of San Antonio will contribute $489 million, with that move not subject to a citizen vote, and the Spurs will pay $500 million, plus all cost overruns. The team also intends to bring in private partners for help with a mixed-use development surrounding the arena.
The long-discussed arena plan will allow the team to depart the 23-year-old Frost Bank Center, which is aging and increasingly does not have amenities offered in modern venues such as California’s Chase Center and Intuit Dome.
“The community has spoken,” Spurs Sports and Entertainment chair Peter J. Holt said after the vote. “We love this city, we love this county, and the county and the city love us back.”
That Bexar County vote, however, was close, with about 52% of voters supporting the measure in the face of significant opposition from a variety of corners. The county funds for the arena will come from hotel and rental car tax receipts, and the decision ends any possibility of the Spurs relocating to another market, such as Austin, where they have a G League team.
The Spurs intend to open their new arena sometime in the early 2030s. The current lease at Frost Bank Center expires in 2032. Once it opens, it will leave the 76ers as the only NBA team not playing in a downtown arena. That team struck a deal early this year with Comcast Spectacor to develop a new facility in the south Philadelphia sports complex to succeed Xfinity Mobile Arena.
The San Antonio facility issue is developing as Spurs phenom Victor Wembanyama has started the season in torrid fashion. Wembanyama and Spurs legends such as Manu Ginóbili were part of heavy pro-arena messaging from the team leading up to the vote. The new venue should be ready for what could still very much be the prime of Wembanyama’s career.
“I think about my future—and my present—all the time, in San Antonio, of course,” Wembanyama said about the arena vote. “And recently a little about the arena because it’s been a subject. … For all areas of my career, I’m very intentional. Even though some things take time [and] patience is needed, I’ve never been one to waste time.”
Front Office Sports
stadium
06 November 20253 min readSpurs Secure Funding For $1.3B Arena, Set Stage For Wemby’S Prime
Front Office Sports
06 November 2025
stadium
