40 | Sector Focus: Ports & Shipping
SUMMARY
■The port has seen a reduction in cargo ship calls
■The port’s main cargoes are all linked to construction
■Shoreham Port is investing in critical infrastructure
■The fleet of forklifts, cranes and the port’s own marine vessels have transitioned onto ISCC certified hydrotreated vegetable oil
RIDING OUT CHOPPY CONSTRUCTION WATERS
Shoreham Port has steered a successful course, despite market challenges, commercial and property director Beth Evans-Gay tells TTJ
TTJ: HOW HAS BUSINESS DEVELOPED AT SHOREHAM PORT OVER THE LAST YEAR? Beth Evans-Gay (BEG): In a year of continued uncertainty within construction supply chains, the Port saw an 8.5% reduction in cargo ship calls. This decline resulted in a reduction in total cargo tonnage. But we still achieved a third year of record-breaking turnover at £19.6m, 17.6% up on 2022, the largest annual increase in our history. It was our property investment plans that helped drive the Port’s turnover, largely attributed to new property offerings.
Despite the decline in our total cargo volumes, the team successfully secured substantial new business throughout the year. Bulk cargoes made up 23% of the tonnage handled through operational terminals in 2023, with new cargoes including woodchip, speciality sand, black stone chippings, and an innovative clay aggregate product. Spot cargoes experienced a 40% increase from the prior year, while recycled glass volumes surged by 20%, with volumes set to continue to grow in 2024.
Above: The Port is moving forward with placing an order for a new crane TTJ | September/October 2024 |
www.ttjonline.com
TTJ: WHAT HAVE BEEN THE MAIN DRIVERS OF SHOREHAM’S TIMBER BUSINESS? BEG: The Port’s main cargoes are all linked to construction, so inevitably change in the
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