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Business

Record-breaking year for shipping for Port of Milford Haven

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AN UPTURN in shipping, coupled with a commitment to deliver excellent customer services resulted in strong financial results for the Port of Milford Haven during 2022 and a positive trading environment for the businesses and organisations around the Milford Haven Waterway, the Port has said.

Turnover increased by 59% from £24.8m in 2021 to £39.4m, with profitability rising to £3.3m compared to £1.5m the previous year. It was a record-breaking period for shipping with cargo entering the Port increasing by 28% to 38.9m tonnes . The exceptionally busy year was largely down to a surge in dues paying ships to the terminals on the Haven. The entire Port team played their individual parts in delivering this collective response to our customers’ demands, all the time maintaining safe and efficient services while supporting clients to meet their business demands.

Investment activity across the Port’s estate continued throughout 2022, with work on the £60 million Pembroke Dock Marine project progressing well to better support current customers, but also to create the capabilities for the next generation of our customers operating in the floating offshore wind, hydrogen and sustainable fuels sectors. Pembroke Port experienced a busy summer period thanks to major projects at the South Hook LNG terminal and the Valero Pembroke Refinery. The Port’s real estate investment portfolio performed well with retail and hospitality tenants at Havens Head Retail Park and Milford Waterfront reporting good recovery from the disruption caused by the Covid-19 pandemic over the past couple of years.

Hospitality and tourism operations were particularly pleasing, especially with the opening of the 100 bedroom Tŷ Hotel Milford Waterfront in April 2022, adding to the existing waterside accommodation offering. The Port’s partners, The Celtic Collection, have experienced a successful first year of trading and have built excellent relationships with their commercial neighbours and with the local community.

One of the most significant collaborations over the past twelve months has been the Celtic Freeport bid, a result of partnership working between the Port of Milford Haven, Pembrokeshire County Council, Neath Port Talbot Council, and Associated British Ports at Port Talbot. The announcement that the Celtic Freeport bid was successful in March this year is testament to the collective hard work and commitment of the partners. Work is now underway to submit a final business case to both Governments later this year.

The Port’s commitment to excellence runs further than delivering for its customers however, and much work is undertaken throughout each year to generate opportunities and benefits for the local community. As the cost-of-living crisis took hold throughout 2022, donations were made to charities working to help alleviate the financial pressures for families and individuals, and within the business a cost of living payment was made to our 200-strong team.

Chief Executive, Tom Sawyer, told The Pembrokeshire Herald on Wednesday: “2022 was a great year for the Port which meant we were able to continue with our investment strategy across our estate but also enable our customers and tenants to benefit from the additional commercial activity. I’m pleased to report that we had no Lost Time Incidents and carried out several exercises throughout the year to ensure our response to pollution, safety and security incidents are tested and refined.”

He added “There were many examples of how collaboration resulted in success for us and our stakeholders, the standout being the success of the Celtic Freeport bid. The opportunity this presents for the region is very exciting and I am particularly proud of how the team at the Port has made the case for a freeport in an area blessed with the natural resources needed to reach Net-Zero.”

The Pembroke Dock Marine development is part of the Swansea Bay City Deal which is funded by the UK Government, Welsh Government and through the public and private sectors. It is also part funded by the European Regional Development Fund through the Welsh Government.

The 2022 Annual Report and Accounts can be viewed online: www.mhpa.co.uk/download

Business

Loss-making Haverfordwest Airport has official new operators

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HAVERFORDWEST’S airport officially has a private operator, which has leased the previously loss-making council-owned facility, promising to “breathe new life into such an iconic gateway”.

Back in 2024, members of Pembrokeshire County Council’s Cabinet supported the leasing of the council-run Withybush Airport as part of plans to make the facility cost-neutral to the authority.

In 2023, Cabinet members heard the financial position at the council-supported Haverfordwest/Withybush airport deteriorated in 2022/23, with an out-turn position for 2022/23 of £238,000.

That loss was been reduced to an expected £119,000 for 2023/24 “following an extensive review of the operations of the airport”.

Cabinet members, back in 2024, heard there would be a requirement on leases to obtain/keep a CAA [Civil Aviation Authority] Cat II licence and at a market rent, which would “make the airport cost-neutral to the council from the day the lease is signed, whilst also ensuring that an operational airport remains for Pembrokeshire to benefit from”.

Deputy Leader Cllr Paul Miller at the time said: “The airport is a valuable facility and one I’m keen to maintain; I personally recognise that maintaining an ongoing public subsidy is not something we’re particularly keen to do indefinitely.”

He added: “What the lease, we believe, will do is maintain a franchising CAT II airport in Haverfordwest and remove our liability from day one.”

At the March 2025 meeting of Pembrokeshire County Council’s Services Overview and Scrutiny Committee, members heard the final paperwork was “on track” to hand the airport over to the new operators by the start of April, with the facility becoming “cost-neutral” to the authority “from the moment it’s handed over to the operator”.

On April 1, Haverfordwest Airport Limited took the lease on the airport, officially taking over its management from the council.

Haverfordwest Airport Limited has said: “We are absolutely thrilled to be a part of this exciting new chapter as the proud operators of Haverfordwest Airport.

“This is a remarkable opportunity for us to breathe new life into such an iconic gateway, and we are committed to enhancing the airport’s facilities and services for the benefit of the community, visitors, and businesses alike.

“We also recognise the importance of Haverfordwest Airport to the emergency services, and we are dedicated to continuing our support for their vital operations, 24/7, 365 days a year.

“We would like to acknowledge the hard work of Pembrokeshire County Council in getting us to this point, and we look forward to driving the airport’s growth, innovation, and connectivity in the years ahead.”

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Business

£20m investment to unlock Cardiff Airport’s potential and drive South Wales growth

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THE WELSH Government has confirmed the first phase of a major new investment package for Cardiff Airport, pledging £20 million to boost economic development and secure the long-term future of the site.

The funding marks the beginning of a ten-year programme designed to harness the airport’s capacity as a strategic asset for Wales. The scheme is expected to drive further growth across the South Wales region and create new opportunities in aviation, logistics, and employment.

Announcing the investment on Wednesday (Apr 2), Cabinet Secretary for Economy, Energy and Planning, Rebecca Evans MS, said the Welsh Government had completed due diligence on the proposals, including a review by the Competition and Markets Authority.

Ms Evans said: “We remain committed to the growth of this essential economic infrastructure, which currently generates over £200 million in Gross Value Added (GVA) annually and supports thousands of jobs in the South Wales region.”

Plans under the investment include potential development of aircraft maintenance facilities, improved cargo handling capabilities, and support for general aviation. Some of the funding will also be used to explore new air routes, with an emphasis on improving connectivity and Wales’ presence in global markets.

The £20 million commitment follows a previous announcement in July 2024, where the Welsh Government outlined its ambition to make Cardiff Airport a catalyst for economic expansion in Wales. This latest funding, according to Ms Evans, will help the region realise that vision and support a “vibrant and outward-facing” national economy.

Officials will monitor the impact of the funding throughout the ten-year period, with performance reviews planned and a focus on minimising subsidies while delivering value for money.

A record of the financial award will be published on the UK subsidy transparency database.

However, the decision has sparked criticism from the Welsh Conservatives, who renewed their call for the airport to be sold to the private sector.

Welsh Conservative Shadow Cabinet Secretary for Transport and Infrastructure, Peter Fox MS, said: “The Labour Government’s decision to inject the first £20 million of a planned £200 million into Cardiff Airport will bring the total amount of Welsh taxpayer money invested to over £200 million.

“Cardiff Airport is a financial burden on the Labour Welsh Government and Welsh taxpayers, and it is time for Labour to finally do the right thing and sell the airport to the private sector.

“Ministers in Cardiff Bay lack the essential expertise to manage an airport. That is why an experienced corporation in the private sector, with proven industry knowledge, would be better placed to ensure the airport not only survives but thrives.”

The Herald understands that further investment decisions will be made as the programme progresses, depending on the outcomes and economic impact of the initial phase.

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Business

West Wales tourist attraction’s new water park hopes

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WEST WALES could have a new water park attraction in proposals being mooted by the award-winning Moody Cow Farm Shop and Welsh Kitchen, near Aberaeron, Ceredigion.

The award-winning Moody Cow Farm Shop and Welsh Kitchen, along with Bargoed Farm, is owned by Chris and Geraint Thomas.

The couple moved to the derelict farm in 2010 after previously diversifying their cattle farm in the Brecon Beacons, but then losing everything due to legal issues.

They completely transformed the site before opening Bargoed Farm Campsite in 2018 and using wooden hot tubs as a unique way to bring in customers.

Chris and Geraint then launched The Moody Cow Farm Shop and Welsh Kitchen, serving up a wide range of Welsh dishes created using local ingredients.

Over the years, the attraction has expanded, recently gaining permission for a trampoline park on-site, called the ‘Bouncing Bull,’ and, back in 2023, was given planning permission expand its on-site caravan park with new tourer pitches with hot tubs, and glamping accommodation.

Bargoed Farm has now launched a public consultation on proposals to expand the attraction with a water park and leisure facility.

Details of exactly what is proposed have not been released yet.

The consultation, available online through surveymonkey or from Bargoed Farm, says: “Bargoed Farm is planning an exciting new indoor and outdoor waterpark and leisure facility, designed to provide year-round water-based activities for visitors and the local community.

“This new development will include indoor and outdoor swimming pools, thrilling water slides, a dedicated training pool, a children’s splash area, and a warm activity pool, ensuring that people of all ages and abilities can enjoy high-quality aquatic experiences in all seasons.

“Our aim is to create a premier leisure attraction in Mid Wales, offering family fun, fitness, and relaxation, while also supporting the local economy by drawing more visitors to the area.

“As we progress with the planning and development of this project, we are committed to ensuring that the views and needs of both local residents and visitors are fully considered. This survey has been created to gather your feedback on how you would use the facility, what features are most important to you, and how we can make it as accessible and enjoyable as possible.

“Your insights will directly influence the final design of the waterpark, helping us to shape it into a valuable asset for the local community and a must-visit destination for tourists.

“By taking part, you are helping to ensure that this development is designed in a way that best serves those who will use it most.

“We greatly appreciate your time in completing this survey.

“Whether you are a local resident looking for improved swimming facilities, a visitor who would love a high-quality waterpark in the region, or a business owner interested in how this could boost the local economy, your feedback is essential in shaping the future of this exciting new project.”

Bargoed Farm, which publicised the proposals on March 31/April 1, has confirmed the scheme was not an April Fools.

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