Port of Milford Haven cargo throughput down in 2014

The UK’s Port of Milford Haven, home of the South Hook and the Dragon LNG terminal, has posted a drop in cargo throughput in 2014.

The Port said on Friday that 34 million tonnes of cargo were handled last year, a reduction of almost 7 million tonnes compared with 2013.followed by

This was due to Murco refinery’s closure which led to fewer ship movements and lower LNG volumes.

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Chief Executive at the Port of Milford Haven, Alec Don, said that despite the loss of trade from Murco and lower LNG volumes over the last three years, the Port remains busy and has been successful in attracting new business to the area.

We are at the start of a new chapter in the life of this Port. While we continue to invest in order to competitively and safely handle a major part of the UK’s energy needs, global demands affect us deeply. So, the Port is evolving: the rise of marine renewable energy as a viable source of power has the potential to have a great impact on the local economy, and that is why we are investing to attract marine renewable companies to Pembroke Port,” said Alec.

 

LNG World News Staff; Image: Port of Milford Haven