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.
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