Byron McKay Port Services

Byron McKay Port Services Limited is a 50-50 joint venture company owned by Byron Marine Limited and Neil McKay Limited. The Company was incorporated in 2005 to secure a management service contract awarded by the Falkland Islands Government to manage the commercial floating quayside (a 6-barge warehouse and berthing storage system, known as FIPASS) in Port Stanley. The Company competitively bid for a new management contract in 2011 which it succeeded in winning.

The respective joint venture partners offer a range of port and related marine support services to complement the activities of the Company and the functionality of the working quayside.

The Company structure was subsequently modified to secure oil services contracts to support the 2010-2012 offshore exploration drilling progammes which utilised the FIPASS quayside. Oil operators required the Company to comply with and work to UK North Sea health and safety standards for the duration of the oil services contract.

Locally recruited staff acting as riggers, slingers and banksman were trained and certificated to UK North Sea standards. Specialist training was conducted across a range of operating plant, machinery and lifting equipment. The joint venture partners retain a unique skills set and professionally trained and competent staff, in readiness for a resumption of offshore drilling.

The Company anticipates that some delay will occur before offshore drilling recommences in late 2014, but it remains hopeful of future work contracts in accordance with rules applicable to the employment of competent local labour and approved facilities, plant and equipment.