Tide turns for docks
1st May 1982, Page 8
1st May 1982
Page 8
Page 8, 1st May 1982
— Tide turns for docks
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THE BRITISH Transport Docks Boar ports and handles about a quarter made a pre-tax loss of E10m last £11.5m in 1980.
Southampton, which has suffered from industrial action, lost £10.4m, but 16 of the 19 ports, in fact, made a profit, with Immingham breaking the 25m tonnes record for the first time.
The BTDB, which is to be privatised later this year and renamed Associated British Ports, says that there is sign of a recovery, with traffic in the first three months of 1982 up 25 per cent on the same period last year at 20.9m tonnes. Overall, last year
d, which runs 19 of the country's of the country's seaborne trade, year, compared with a profit of
the 19 ports handled 75.2m tonnes, and 685 freight units went by container or ro-ro ferry.