thames

London trade down but prospects are bright

Total trade through the tidal Thames fell by 10% to 43.7 million tonnes during 2012, but there were increased volumes of containers, the Port of London Authority (PLA) announced. The main reason for the 5.1 million tonne reduction in traffic was the closure of the Coryton oil refinery at the end of May. PLA chief executive, Richard Everittsaid that during 2013 Coryton would re-open under new owners as an oil ... [+]