Newspaper article Evening Gazette (Middlesbrough, England)

PD Ports Grows Its Operating Profit

Newspaper article Evening Gazette (Middlesbrough, England)

PD Ports Grows Its Operating Profit

Article excerpt

Byline: JONATHON MANNING jonathon.manning@reachplc.com @JONNYAMANNING

THE Gazette's Invest in Teesside campaign is a call to action to promote existing business - and a rallying call for inward investment.

We want to tell the story of the potential of our business sectors.

We will look at people, skills apprenticeships and training.

And we are interested in all sectors - from transport to tourism, culture to commerce.

We will consistently make the case for companies and organisations to prioritise the region when making decisions about investment.

We will encourage businesses and organisations that are already based here to invest in their workforce to grow locally. This applies to all sectors, from manufacturing and digital development, to the health and education services that are valued so much by families.

We will also make the case about the attraction of Teesside to companies which are planning to launch or relocate.

And we will campaign for the politicians we elect to support growth in our region to enable us to play our part in creating a dynamic, varied and growing national economy.

PD Ports has added PS8m to its top line after taking advantage of the increased goods travelling up the River Tees.

The company saw its revenues grow by 6% from PS129.5m to PS137.5m for the 2017 calendar year.

The growth was fuelled by an increase in the number of imports and exports travelling on the river, with 24.1m tonnes of cargoes, 2% more than 2016.

In the company's accounts, director Frans Calje said: "River volumes grew by 2% driven by higher imports and exports across the company and third party customer berths, replaced the lost volumes in prior years."

The number of units handled by the port's ferry, container and rail terminals also grew by 2%, outpacing national figures which declined by 1. …

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