The Port has operated on the Tyne since Roman times. It became a trust port, constituted by Act of Parliament, in 1968. It has no shareholders or owners and is governed by an independent board of up to four executive directors, and up to eight non-executive directors whose appointments are confirmed by the Secretary of State for Transport.
The Port receives no government funding, is run on a commercial basis and reinvests all profits back into the Port for the benefit of all of its stakeholders, who are customers, employees, business, government and the community.
Once world-renowned for coal exports, in recent times the Port of Tyne diversified, developed and invested to ensure it continues to be a vibrant and sustainable port meeting its customers’ varying needs. It is now one of the UK’s largest car exporters and one of the largest handlers of renewable energy products, raw tea, and metals. As well as its cargo handling operations, it has a thriving International Passenger Terminal for cruise and ferries, a successful estates portfolio for business and warehousing, and a significant logistics transport and storage operation.Read More
There are no shareholders or owners. Any surplus is ploughed back into the Port for the benefit of the stakeholders of the trust. The stakeholders are all those using the port, employees of the port and its users and all those individuals, organisations and groups having an interest in the operation of the Port.
We recognise that we play an important role in the economic, environmental and regional identity of the North East and we are committed to creating a vibrant, sustainable Port of Tyne for the benefit of our stakeholders and the region. We do this by operating in a commercially sound, socially supportive and environmentally sustainable manner.
The Port recognises that a thriving local and regional community is both good for the Port’s business and good for the North East region and that the two can help each other better through shared aims.
Since 2008, the Port of Tyne has increased its community support almost tenfold, supporting business organisations, sponsoring events and creating its own innovative engagement activities that have previously included such things as a writer in residence and a very popular regional photography competition.
The Port of Tyne’s Corporate Responsibility programme aims to develop young people, support thriving communities and improve the environment. Each year Port of Tyne supported events, programmes and initiatives help around 300 local organisations, directly benefitting thousands of people across the North East.Read More
The Conventional and Bulk Business Area has benefitted from infrastructure development and major river dredging so that the main industrial quays can now handle 86% of the world’s largest cargo ships.
The Port of Tyne’s three car terminals were developed to support the growing automotive sector and in particular to provide Nissan, based at nearby Washington, with the most efficient route to market for its products. Other imports and exports are handled for VW and other manufacturers through a transhipment terminal.
The Port’s International Passenger Terminal is set to welcome record number of cruise ships in 2015 and around 650,000 passengers taking the daily route operated by DFDS Seaways between North Shields and Amsterdam.
The Logistics Business Area offers customers an integrated package of container handling, warehousing and distribution. Goods handled through the container terminal include retail products, parts for manufacturing and 33% of the UK’s raw tea imports.
The Port’s Estates business manages a growing portfolio of commercial properties and land holdings across 600 acres on both sides of the River Tyne.
The Marine Services Business Area provides services to comply with the Port’s responsibility to ensure safe navigation of the River Tyne from three miles out to sea and 21 miles inland.
The Port of Tyne’s primary duty is to manage, maintain, develop and improve the Port and its operations for the benefit of all its stakeholders which comprise customers, employees, the business community, government and the local community.
The role of the Board and its Directors is to ensure the Port of Tyne fulfils its primary duty.
The duties of Non-executive Directors are comparable to those of company directors. However, in addition there are obligations, responsibilities and statutory duties specific to the Port of Tyne.Read More