The Board of Peterhead Port Authority (PPA) has approved the introduction of an Electronic Auction within the fish market.
PPA launched a wide-ranging consultation process on the subject earlier this year, and the results showed overwhelming support for its introduction.
The consultation also highlighted a number of challenges, which PPA has been reviewing and seeking solutions to.
PPA chief executive Graeme Reid said: “This is an exciting moment for the Port and Peterhead community. Peterhead Port Authority has invested around £70m on facilities in the Port in the last 10 years, and this next investment will further reinforce and future-proof Peterhead Port’s position as the leading fish port in Europe.”
He said PPA staff had met with some representatives from stakeholder groups to consider how challenges could be resolved.
“The Board of Peterhead Port Authority are now content solutions to these challenges have been found.”
Work will now commence on detailed design of the E-auction system, involving further engagement with stakeholder groups, with a view to it going live in early spring of 2026.
See Also
Port signs partnership for provision of fish market e-auction
Peterhead Port Authority has appointed a software provider for the new e-auction planned for its fish market.
FIND OUT MORE
Vital that Government funds Acorn Project to create jobs and ensure just energy transition
The Labour Government must commit to funding for a vital carbon capture and storage project in Scotland if there is to be a just energy transition which could create thousands of jobs.
FIND OUT MOREE-auction - key questions answered
Following the recent announcement of the PPA Board decision to introduce an electronic auction at Peterhead Fish Market, the following frequently asked questions (FAQs) have been compiled as we commence the process of further stakeholder engagement.
FIND OUT MORE
Port CEO issues Budget warning to government on energy transition
The boss of Peterhead Port told MPs and renewable company bosses today that he has never been so excited about the energy opportunities in the North Sea – but warned the UK Government not to kill off the oil and gas sector that will be needed to make the
FIND OUT MORE