Friday, 26 June 2009

Tilbury's volumes on the up

Scottish ports group Forth Ports has said volumes at its part-owned Tilbury Container Services (TCS) picked up during the second quarter of 2009.
In a trading update to investors ahead of its interim report, on 27 August, the group said TCS had shown improvements in the second quarter of the first half, although it did admit that the operation had been its business most affected by the recession.
However, there was much better news in ro-ro traffic: “At Tilbury, the financial performance is expected to show another good improvement over the first half of last year. The ro-ro business has seen an excellent increase in volumes and performed well."
Overall, Forth Ports said group results for the first half were expected to be in line with last year.

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