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Port reports a record year for turnover

The Port of Blyth is celebrating a record year with a group turnover of more than £17.7m.

At the Port’s annual review release this week, it was confirmed it had achieved increased pre-tax profits of more than 30 per cent.

In the annual review presented by the port’s chief executive Martin Lawlor, it was also announced that cargo throughput has risen to more than 1.7 million tonnes, covering a wide range of sectors including offshore energy, containers, dry bulks and forest products.

A number of development schemes are also in the pipeline and a major new marine fuels terminal is currently being built and is due to open in the late summer.

“We are clearly delighted with these results and are pleased to be able to present such positive figures to our well attended annual public meeting,” said Mr Lawlor.

“It is important to take this opportunity to engage with our stakeholders and we are confident that we will continue to play an important role in the regional economy supporting jobs and acting as a catalyst for international trade.”

 

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