The CFPA, owned by theScottish government but administered independently, is “expected” to unveil a£9m ($14.1m) package of bank loans, enough to push ahead with a £20m expansionproject, according to The Scotsman.

The report comes less thantwo weeks after Scottish First Minister Alex Salmond announced that theHighland & Islands Enterprise development agency had signed “joint-workingagreements” with four ports, with an eye towards securing financial commitmentsand work orders.