Port of Tyne

UK deep water port in North East England operating in bulks, cars, cruise, logistics, estates, offshore, & renewables.

General Information
Company Name
Port of Tyne
Founded Year
1968
Location (Offices)
South Shields, United Kingdom +3
Founders / Decision Makers
Number of Employees
260
Industries
Logistics, Supply Chain, Logistics and Delivery
Funding Stage
Grant
Social Media

Port of Tyne - Company Profile

Port of Tyne is a UK deep water port situated in North East England, operating in various sectors including bulks, cars, cruise, logistics, estates, offshore, and renewables. It has been a vital gateway to global markets and has witnessed an investment of over £150m in the last decade, facilitating infrastructural development to support continued growth and diversification. The port has expanded its operations to become one of the largest car exporters in the UK, boasting exceptional agility, security, and flexibility for handling various cargoes. Additionally, it runs an international passenger terminal, collaborates with diverse cruise operators, and offers a daily ferry service. The last investment received was a Grant investment on 06 June 2023, backed by Transport Research and Innovation Grant. As a Trust Port, Port of Tyne operates on a purely commercial basis and reinvests all profits into the port for the benefit of its stakeholders. The port continues to strive for business transformation, focusing on infrastructure investments and diversification strategies to further contribute to the North East England economy, supporting 12,000 jobs directly and indirectly, and adding £618 million to the economy.

Taxonomy: Deepsea port, Renewable energy, Cargo handling, Car export, Cruise terminal, Commercial property management, Infrastructure investment, Offshore operations, Bulk cargo handling, International trade, Economic contribution, Trust port, Passenger terminal, Business diversification

Funding Rounds & Investors of Port of Tyne (2)

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Funding Stage Amount No. Investors Investors Date
Grant Unknown 1 Transport Research and Innovation Grant 06 Jun 2023
Debt Financing £50.00M 1 04 Jun 2023

Latest News of Port of Tyne

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