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Largest vessel of its kind destined for Teesport

PD Ports has announced the arrival of a new Roll-on/roll-off service direct from Japan to Teesport.

From September, the new route will use global shipping line, K-Line’s 7500-unit 'Ro-Ro' vessels to transport cargoes from the Port of Tokuyama-Kudamatsu, Japan to Teesport.

The vessels will be the largest vessels of their kind to arrive at Teesport, at a length of just under 200m and 75,216 GWT and will allow exporters to connect directly from Teesport.

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House prices in Newcastle rise 2.5% year-on-year

House prices across the UK's largest cities jumped by the highest quarterly level in 11 years as demand for housing continues to outstrip supply.

Property analyst Hometrack said Newcastle showed 2.5% growth year-on-year.

Credit: PA

Its report said a combination of low mortgage rates, economic growth and rising earnings continue to stimulate demand and put upward pressure on house prices.

But it adds that in all of the 20 cities it surveys, except Aberdeen, house price growth is greater than the current 2.4% increase in average earnings.

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North East unemployment increases to 103,000

. Credit: PA

The latest unemployment figures show a rise in the number of people who are out of work in the North East.

The jobless total went up by 7,000 between April and June.

Across the UK, unemployment has increased for the second month in a row, reaching 1.85m.

Nationally, figures rose by 25,000 in the quarter to June, the first time there have been two consecutive rises for two years.

North East culture campaign launches 15-year vision

A campaign has been launched to make the North East the UK's leading cultural capital.

The 'Case for Culture' manifesto outlines the region's cultural vision for the next 15 years. It says investment in culture will benefit people, places and the economy in the North East, helping to build and sustain a better future for the entire region.

The 'Case for Culture' manifesto has been launched by the North East Culture Partnership, which is formed of 12 local authorities alongside arts and cultural organisations, sport and tourism, and businesses and educational organisations.

The partnership aims to spread the benefits of arts, culture and heritage across the region by reaching an extra 500,000 people per year, boosting economic growth and job creation.

It is hoped the campaign will increase access to culture for young people across the North East.

The partnership says they will achieve their aims by increasing the planned funding from £100 million to at least £300 million over the next five years.

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