The Port of Tyne has pushed revenue to £70m in its strongest financial year in a decade.
During 2025, revenue jumped by 5 per cent, with EBITDA rising 11 per cent to £18.6m and adjusted profit before tax growing 48 per cent to £6.5m.
Results were driven by strong operational performance across automotive, bulk cargo and offshore wind.
The port secured significant contract successes in offshore wind, supporting Ørsted’s Hornsea 3 marshalling operations with Cadeler.
Elsewhere, future automotive volumes were bolstered through a renewed long-term partnership with VW Audi group.
Landmark cruise calls, including Borealis and Ambience, highlighted continued strength in passenger operations.
Following its strong year, the port has announced Julia Prescot as its new chair. She will take up the position from 1 July 2026.
Matt Beeton, chief executive of the Port of Tyne, said: “2025 was an impressive year and showed how the Port has evolved from its coal-focused activities to continued success in new areas like offshore wind, green technology and automotive.
“Securing the Hornsea 3 contract further enhances our established position in the offshore wind market. The development pipeline has been recently expanded by the addition of the 6 GW North East development area. In response to the substantial potential this represents for the region, we are advancing plans for a proposed £150m extension of Tyne Clean Energy Park. This will establish the River Tyne as a central hub in the UK’s energy sector for decades to come.”
Beeton expressed gratitude to the outgoing chair of the board, Lucy Armstrong, and added: “With the conclusion of Lucy’s third term as chair, I want to thank her for her leadership and the enduring impact she has made on the continued success of the Port of Tyne.”
