PORT OF TYNE ANNUAL REVIEW 2012

ANNUAL REVIEW 2012LOGISTICSTHE HIGH QUALITY, CUSTOMER-FOCUSSED SERVICESOF THE PORT’S LOGISTICS BUSINESS CONTINUED TOBE IN STRONG DEMAND IN 2012.After 2011’s record high, 2012 sawa slight reduction in containervolumes. In 2011 the Port handledunprecedented volumes of car partimports for Nissan, but these reducedin 2012, mainly as a result of Nissan’sincreasing use of car part supplierslocally – a major good news story forthe region.The fruitful partnership between thePort and Nissan has been furtherstrengthened by the provision of anadditional 19,500 sq m of warehousingto meet the company’s storage needs.Trends in Logistics have includeda notable increase in the shipmentof recyclable products, such aspaper plastics and metal to Asia.Shipping routes to the Baltic Statesare also now presenting North Eastbusinesses with a direct route toemerging markets.Future developments in Logistics in2013 include the commissioning ofa new £6m gantry crane. This willadd even more capacity to the Port’scontainer handling operation and willhelp to enhance the level of serviceoffered to customers. The Port is alsoinvesting a further £1.5m in a newIT system.The Port continues to attract newcustomers for its high-qualitywarehousing and distribution services.After a 50 year gap, local tea companyRingtons made a very welcome returnto importing tea via the Tyne and thePort is now handling all the company’simport requirements as well as providingwarehousing and distribution services.With the Port’s ongoing relationshipwith Tetley and another tea customer,Spicer, now on board, the Port of Tyneaccounts for approximately 35% ofraw tea imports into the UK.“The Port of Tyne’s warehousing and distributionservices continue to attract new customers...”Logistics 2012 2011 Change Change%Turnover £18.3m £19.3m (£1.0m) (5%)Volumes 2012 2011 Change Change%Containers/TEUs * 64k 71k (7k) (10%)19.5kINCREASE IN SQ METRESOF WAREHOUSING SPACETAKEN BY NISSAN*Twenty-foot equivalent unit£1.5MINVESTED IN A NEWIT SYSTEM17