With the future of container shipping in the South looking to be battled out with the new deep water Thames port at London Gateway vying for business with the likes of Felixstowe, Tilbury, Southampton etc., it looks apparent that in the North, things are looking good with the release of 2013’s freight and passenger statistics from the Port of Tyne.
The stats show evidence of a 25% rise in cargo volumes to 8.1 million tonnes, whilst turnover jumped 16% to £73 million as against 2012 leading to its claim as Britain’s "Fastest Growing Port".
In 2013, as well as that 8.1 million tonnes of cargo, 625,000 passengers used the International Passenger Terminal whilst 640,000 cars fed by the regions car industry catchment area crossed the quays, making the Port the UK’s biggest car exporting facility, and on the box front 60,000 TEU’s were either imported or exported.
Tyne has spread the vagaries of market forces by engaging in several key business areas, container, conventional and bulk cargoes, car terminals, cruise and ferries, logistics and a commercial property portfolio.
Keep up to date with news from Port of Tyne on Twitter; @Port_of_Tyne
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