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03.02.2005

Strong trade growth in the Port of London

Growth in trade throughput in 2004 has seen the Port of London record its most successful year since 1998. Overall, London’s Port facilities have enjoyed growth of 4.4% during the past year.

Key highlights include:

  • total cargo handled increased by 2.3 million tonnes to 53.3 million tonnes (up 4.4% on 2003)
  • container and trailer (unitised) traffic up 17% (up 2.1 million tonnes) from 12.2 to 14.4 m. tonnes
  • total growth in tonneage handled since 2000 is 11%

Commenting, Port of London Authority chief executive Richard Everitt said:

“The growth in trade across Port of London terminals last year demonstrates the port’s importance to the economy of London and the South East for exporters and importers. The Port of London’s strength lies in its location and the wide range of cargoes handled throughout the port.”

A breakdown of the figures shows how the volume of particular cargo types varied from the preceding twelve month period:

  • container and trailer (unitised) traffic up 17% (up 2.1 million tonnes)
  • fuel traffic up 2.4% (up 515 thousand tonnes)
  • forest products traffic up 1.9% (up 37 thousand tonnes) 
  • chemical throughputs up 13% (up 60 thousand tonnes)
  • vehicle trade increased by 5% (up 43 thousand tonnes)
  • aggregates down 5% (down 439 thousand tonnes)
  • steel throughputs down 8% (down 48 thousand tonnes)

Photos of shipping activity in the Port of London are available on request.  Contact: Martin Garside, PLA, Bakers Hall, 7 Harp Lane, EC3R 6LB.  Tel: 020 7743 7915

Note to Editors:

  1. London is the third largest port in the UK in terms of cargo handled
  2. The Port of London comprises over 70 independently owned and operated terminals and port facilities, which handle a wide range of cargoes.
  3. Total Port of London tonneage was 53.3 million tonnes in 2004. This is the most successful year since 1998 when the total was 54.0 million tonnes.
  4. A recent study showed that the Port of London contributes 35,000 jobs to the economies of London and the South East with value added of £3.4 billion annually
  5. The PLA is the port authority for 150km (95 miles) of the tidal Thames from the sea to Teddington. It provides navigational, pilotage and other services for ships using the Port of London.