The Port of Tyne has sustained record growth and record cargo volumes for five years in succession and shown the largest year on year growth of any other major UK port to become the fastest growing of the UK's top 30 ports and won the UK's Port of the Year 2014 at the National Transport Awards.
Following over a decade of development, strategic investment of over £120m has seen the Port transform its business operations and diversify in five business areas, covering conventional and bulk cargo, car terminals, cruise and ferry, logistics and a portfolio of commercial property. As a result in 2013 cargo volumes more than doubled to 8.1m tonnes (the highest for almost 50 years); turnover increased to £73 million and the economic impact of the Port of Tyne's operating activities increased to over £500m supporting 10.5k jobs.
The Port of Tyne already operates the UK's biggest car terminal for exports, the UK's second largest coal terminal, an award winning passenger terminal and is currently the world's leading handler of wood pellet. In the next 5 to 10 years the Port of Tyne aims to continue to lead UK markets and to continue to invest to take advantage of the opportunities presented in the offshore oil, wind and gas sectors.
"As a dynamic business, our aim is to provide a vibrant and sustainable Port of Tyne and being a Chamber Partner gives us great opportunities to support international trade in the region and abroad, and to raise the profile of North East England through the world."
Andrew Moffat, Chief Executive Officer, Port of Tyne