NEW jobs will be created as part of a multi-million pound port investment in South Tyneside.
Port of Tyne bosses expect 30 jobs to come with a £10m cash injection at its headquarters in Tyne Dock, South Shields.
The project aims to increase capacity at the port, already one of the fastest growing container terminals in the UK, and win new customers.
Planned improvements to the container terminal include a new £6m Liebherr Panamax gantry crane, which will boost the port’s capability, enabling it to handle larger container vessels and improve efficiency and reliability.
Ian Gibson, Port of Tyne’s director of logistics, said: “The crane is the first phase of an estimated £10m injection, which includes container storage capacity, additional lifting equipment and new IT systems.”
The investment is in addition to £15m, which has already been spent improving warehousing at the port in recent years. Port of Tyne customers already include many blue-chip companies such as Tata Global Beverages, Nissan, VW Group, Morgan Stanley, Rio Tinto Alcan and Drax as well as the retail sector firms like JML, Home Retail Group, Jackel International and Co-op Clothing.
Last year, customer demand led to a 25 per cent increase in the number of containers that were handled at Tyne Dock.
Port of Tyne’s commercial director, logistics, John Tye, said: “We have built a reputation for customer service and value, and this investment will enable us to attract additional customers and routes as well as develop opportunities with existing customers.”
Port of Tyne has invested more than £100m in the last 10 years on infrastructure to help it grow and develop new business.
These include conventional and bulk cargoes, car terminals, cruise and ferry terminals and biomass handling and storage.
n The Port of Tyne is aiming to create more business at the UK’s largest shipping and transport exhibition.
Executives will be at Multimodal – Britain’s biggest event for the sea, road, rail and aviation industry – in Birmingham this week.
Mr Tye said: “This event is a great platform because the senior management and decision makers from some of the world’s biggest manufacturers and retailers will be attending, and many have already said they want to talk to us about how we can help them.”