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Port of Blyth ‘delighted’ as energy work secures record results hat-trick

A port operator has hailed its global offshore energy sector prowess after notching record results for a third consecutive year.

Port of Blyth saw group turnover rise to £31.5 million, with operating profit and pre-tax profit increasing to £3.9 million and £3.6 million, respectively.

Its successes were fuelled by green energy work, which included supporting the creation of two of the world’s largest offshore windfarms, subsea equipment handling and heavy project lifts.

The port also oversaw the dismantling of the largest oil and gas platform topsides and jackets handled to date at its Battleship Wharf.

Bosses say the momentum continued across the port’s containerised, dry bulk and break-bulk cargo offer, with its forwarding and logistics subsidiary Transped maintaining a twice-weekly container service between Northumberland and the Netherlands.

Additionally, Port Training Services expanded nationwide, nurturing 78 apprentices to support the industry’s future workforce needs.

Martin Lawlor, Port of Blyth chief executive, said: “I am delighted to announce yet another record year, re-enforcing the port’s status as one of the UK’s leading offshore energy bases.

“The hard work and commitment of our team has been instrumental in achieving this success, and I am proud to see the port thriving and growing year-on-year.”

Catherine Young, chair of the board of commissioners, added: “With a strong foundation and a clear vision for the future, I am confident the port will continue to expand and prosper for the benefit of the regional economy and its communities.”

April 23, 2024

  • Business & Economy

Created by Steven Hugill