ECONOMIC IMPACT AND STAKEHOLDER BENEFIT

The Port of Tyne’s stakeholders are its customers, colleagues, the Government, the business community and the local community.

The impact of the Port of Tyne on the regional economy is measured annually through an Economic Impact Assessment conducted by external consultants ARUP.

Their report showed that the Gross Value Added (GVA) by the Port to the regional economy was £693m (2021: £579m). The increase is a result of many factors including the increase in activity in the passenger terminal as a result of Cruise calls returning, as well capital investment and the impact that has on local suppliers.

As a Trust Port, the Port of Tyne supports the community and provides a range of benefits to local organisations and charities alongside facilitating port tours, fund-raising events and staff volunteering.