Offshore wind could provide 30% of Britain’s electricity generation by 2030, and the Port of Tyne is perfectly placed to support this growing renewable sector. Announcing that the ‘Tyne is right’ to utilise its location, within 100 nautical miles of Dogger Bank, Hornsea, Seagreen and Sofia, the Port of Tyne …
Read More »Port secures £60m refinancing deal from Lloyds Bank
The Port has secured a £60m refinancing package from Lloyds Bank Commercial Banking to support its ambitious investment programme. The five-year agreement, which comprises a £30m revolving credit facility and a £30m term loan, provides the port with capital to develop a number of major infrastructure projects. This is the …
Read More »Chinese business leaders visit Port of Tyne
Officials from the Chinese province of Guangxi Zhuang visited the Port of Tyne on Friday 29 July to develop international trade links. The visit included 21 executive directors and business leaders from South Central China. During their three week visit to Newcastle the delegates will be visiting Newcastle University and …
Read More »Port of Tyne wins prestigious RoSPA Gold Award for second year
The Port of Tyne’s drive to continually improve safety standards has won the organisation another Gold Award. The Royal Society for the Prevention of Accidents (RoSPA) has presented the Port of Tyne with a second consecutive Gold Award, highlighting the business’s commitment to excellence in health and safety. The achievement …
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