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Talk of the Thames

PUBLISHED: 14:08 05 August 2010

TRADE along the river is up after hitting an 18 year low in 2009.

The Port of London Authority is reporting an increase of almost 300,000 tonnes of goods moved along the Thames in the first half of 2010, a rise of 1.3 per cent.

The recovery follows a 14 per cent fall through the port, the second biggest in the UK in 2009, its lowest level since 1992.

Richard Everitt, chief executive of the PLA, was cautiously optimistic.

He said: “This result is consistent with the modest recovery in economic activity that we have seen since the middle of last year.

“The number of new vehicles passing through the terminals on the Thames continues to recover.

“The uncertainties coming from the cuts to public sector spending make it difficult to predict the likely full year trade figures.

“Nevertheless, the Port continues to attract investment, with dredging for DPWorld’s £1.5 billion London Gateway container port scheme on the north bank of the river at Shellhaven now well underway.”

As construction companies continue to struggle with the recession building materials such as sand and gravel fell this year by 14.8 per cent, more than 3 million tonnes, but the movement of containers and lorry trailers rose 13.2 per cent, 7 million tonnes, and oil products rose by 5.5 per cent, 6.5 million tonnes.

“Interesting trends to draw out include the continued fall in throughput of building materials, consistent with the low level of construction activity,” said Mr Everitt. “In marked contrast, container and other unitised cargoes showed very strong growth, underlining the attraction of London as a centre for trade. The number of new vehicles passing through the terminals on the Thames continues to recover.”

The Port generates £3.7 billion of value added for the economy every year and supports over 45,000 jobs.

Date LW HT HW HT

Thursday August 12 09.43 0.6 15.32 6.8

Friday August 13 10.24 0.6 16.15 6.8

Saturday August 14 11.02 0.7 16.58 6.7

Sunday August 15 11.37 0.8 17.40 6.4

Monday August 16 12.11 1.0 18.26 6.1

Tuesday August 17 12.50 1.2 19.22 5.8

Wednesday August 18 13.44 1.4 20.31 5.5

Date Time Vessel From To

Friday August 13 02.00 Orp Iskra Sea HMS President

Friday August 13 16.30 Pulpca Tilbury Dock Antwerp

Saturday August 14 08.00 Obbla Iggesund Tilbury Dock

Sunday August 15 12.00 Cap Gabriel Hamburg Northfleet

Monday August 16 18.00 Cap Gabriel Northfleet Antwerp

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