The Port of Tyne has reported its strongest financial performance in a decade, with revenue rising by 5% to £70 million. EBITDA increased by 11% to £18.6 million, while adjusted profit before tax saw a significant jump of 48%, reaching £6.5 million in 2025. This growth was driven by strong operational performance across key sectors including automotive, bulk cargo, and offshore wind.
The Port secured major contract wins within the offshore wind sector, notably supporting Ørsted’s Hornsea 3 marshalling operations alongside Cadeler. In automotive, future volumes were strengthened through a renewed long-term partnership with VW Audi Group. Passenger operations also remained strong, with landmark cruise visits from vessels such as Borealis and Ambience.
Strategically, the Port made further progress through a Memorandum of Understanding to develop a North East Ports Partnership. It also expanded its 2050 Maritime Innovation Hub and Venture Connect programme, while strengthening international collaboration with a global agreement signed in Tokyo alongside the North East Mayoral Strategic Authority and Hitachi to support the development of a clean e-fuels hub.
Sustainability remained a key focus, with the Port reducing its carbon emissions by 65% over six years. This commitment was recognised nationally with two awards: the British Ports Association Sustainability Award in 2025 and an Exceptional Contribution Award for the Innovation Hub team.
Matt Beeton, CEO 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 £150 million 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.”
Matt also paid tribute to outgoing Chair Lucy Armstrong, he 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.”
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