Thames trade up as Port of London reports good year
Increased trade at port facilities on the Thames has been reported as a key part of a successful year for the Port of London Authority (PLA). Cargo handled at London’s port terminals in 2004 increased to 53.3 million tonnes.
Highlights for the year include:
- total cargo throughput up to 53.3 million tonnes (up 4.5%)
- PLA turnover up to £37.8 million (£32.8 million in 2003)
- overall surplus on PLA ordinary activities (after tax) £960,000 (£810,000 in 2003)
Announcing the Port of London Authority’s Annual Report and Accounts for 2004, Chairman Simon Sherrard said:
“London is one of the UK’s largest ports and I am pleased to report that 2004 saw growth return. This was due to a mixture of factors, including increases to existing trade and the attraction of new services to the port. We expect the benefits of improvements and investments made by the terminals to continue.”
Contact: Martin Garside, Port of London Authority. Tel: 020 7743 7915
Notes to Editors:
- The Annual Report and Accounts of the Port of London Authority are available in full on the PLA website
- The Port of London Authority is responsible for navigational safety on 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.
- The Port of London comprises over 70 independently owned terminals and port facilities, which handle a wide range of cargoes. London is one of the top three ports in the UK and handles over 50 million tonnes of cargo each year.
- Photos of marine activity in the Port of London area are available on request.