Mersey Docks is ready to rebound
Article Abstract:
Mersey Docks was affected by a labor dispute in Jun 1995 and Atlantic Container Line was made to leave the port of Liverpool. The impact of this dispute has been less severe than was initially feared, and ACL has returned. Mersey Docks includes Medway as well as Liverpool and investment at Medway should bring rewards. Mersey also runs ferries which are likely to involve losses. Mersey could still achieve a profit of 34 million pounds sterling for 1996 rising to 40 million pounds to 42 million pounds for 1997.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Mersey Docks lays ghosts to rest
Article Abstract:
Mersey Docks and Harbour Company (MDHC) reported a profit of 34.3 million pounds sterling for 1995. The port lost almost 4 million pounds in 1975. MDHC plans to expand and 5,000 jobs could be created. The estate and activities related to the port employ some 4,000 people. Liverpool benefits from its geographical location and has good road connections. Shipping lines are increasingly moving to Liverpool and showing new confidence in the port.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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