Freight News, Sea

London trade is booming

[ March 23, 2015   //   ]

Cargo trade at port terminals on the River Thames grew 3% or 1.3 million tonnes (3%) in 2014, says the Port of London Authority. The figure included a 7.4% rise in containers and trailers to 16.2 million tonnes; aggregates and cement went up 10.1% to 9.7 million tonnes; and other non-fuel cargoes up 7% to 6.7 million tonnes – with increases in metals, cereal and other goods.

PLA chief executive Robin Mortimer said: “The growth reflects key investment decisions by port operators, as well as the wider economic upturn. This investment includes the continued development of the London Gateway container port; strong investment at the Port of Tilbury including at their London Distribution Park; FM Conway reopening Imperial Wharf at Gravesend for bitumen; and Stolt Neilsen also expanding its Thames operations.”