- Tyne Tees
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A sleeping giant of North East industry is reawakening.
The Port of Sunderland has made a profit for the second year in a row and is expected to carry on growing.
Over the past quarter of a century, the council owned port has cost the taxpayer millions in subsidies but now, as Julia Barthram reports, the tide has turned.
You can watch her full report below.
The Port of Sunderland has made a profit for the second year running, bringing a sleeping giant of industry back into business.
For many years the Port has been heavily subsidised by the City Council, but an increase in business from the offshore wind industry has helped the turn around.
Last year the port had its busiest year since the end of shipbuilding on the Wear in 1988.
Port Director Matthew Hunt told ITV News that the port had looked at what made them special so they could guarantee their future.