Up to two thousand new jobs could be created in and around the Port of Tyne.
It wants to build new facilities on the south bank of the Tyne, to import wood pellets to make bio fuel.
Ringtons Tea returns to the Port of Tyne after over 50 years. In a new contract with the Port of Tyne enough tea to brew 1.48 billion cups of tea per year will be shipped to the Port and 80,000 kilos will be delivered to Ringtons headquarters in Newcastle each week.
The Port of Tyne's cruise liner business, which employs hundreds of people, could be under threat from what's being described as an 'illegal' terminal on Merseyside.
It has led to demands today for Liverpool to pay back £9m pounds of European money - the grant was given to the city on the condition that cruises did not start and end in the River Mersey.
The MEP for the North East, says Liverpool's failure to comply with that condition means the city is breaking the law and jobs at the Port of Tyne could be affected.
The Port of Tyne has acquired 10 acres of land adjoining its Tyne Dock estate in South
Shields from the Administrators of McNulty Offshore Group Holdings Limited.
The company says it is a strategic acquisition which will support the Port’s plans for future growth.
There are fears millions of pounds of trade could be lost on Tyneside now Liverpool can compete for cruise ship business.Read the full story ›
A North East MEP says Liverpool's plans to start and end cruise holidays will affect business at the Port of Tyne.
The city council was given a £20 million grant to build a new terminal at Pier Head, which port chiefs want to use for turnaround cruises.
The move would normally breach state aid rules. But the Department for Transport has said it would allow the rules to be lifted if the council repays some of the money.
Conservative MEP Martin Callanan says the plans are "unfair" to ports who have not received similar funding, and that Liverpool should be forced to pay back the UK and EU grants in full before proceeding.
A decision to allow Liverpool to operate turnaround cruises has been criticised as unfair.
The city council was given a £20 million UK and EU grant for its new terminal at Pier Head in 2007. But strict rules mean't it could only run as a stop-off point, as it had been funded using taxpayer cash.
However, the Department for Transport has said Liverpool can now use the terminal for the start and end of voyages if it repays £8.8 million as a lump sum, or £12.6 million over 15 years.
The move has received widespread opposition from ports, including the Port of Tyne, who argue that it have a detrimental effect on business as holidaymakers head to the North West instead.
North East MEP Martin Callanan said Liverpool should be forced to repay EU money in full before continuing with its plans.
Liverpool City Council says it is still deciding on a repayment option.
A new dredger on the River Tyne has been named the Sir Bobby Robson. Sir Bobby's widow Lady Elsie carried out the naming ceremony in South Shields. The £1m vessel will help keep the bed of the river clear and make sure that the biggest cargo ships in the world can continue to use the port.
Over 60 guests will gather at the Port of Tyne today to see Lady Robson officially name and launch a new workboat the 'Sir Bobby Robson'. The £1.1 million, 16 metre boat is designed to level and clear the riverbed to keep the Port navigable.
The Port of Tyne will also announce a programme of funding for sport and young people by supporting a number of football foundations and making a donation to north east cancer charity the Sir Bobby Robson Foundation.