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Port of Milford Haven profits halved

Fewer ships were handled by the port last year. Credit: PA

Profits at the Port of Milford Haven were almost halved in 2012.

According to its annual results, released today, net profits before tax dropped from £8.1m to £4.2m.

It says changes in worldwide Liquefied Natural Gas (LNG) flows have meant the Port has handled significantly fewer LNG-carrying ships.

Milford Haven is the biggest port in Wales, and the third largest in the UK, handling around 29 percent of Britain's seaborne trade in oil and gas.

20-stone footballer gets 1m hits on the internet

A 20-stone footballer from Milford Haven has become a worldwide internet sensation after he was secretly filmed practising his incredible soccer skills.

Visitors to Pembrokeshire were astonished when they saw Andrew Cassidy, 50, having a kick around in a car park. They could not believe his Maradona-style skills and filmed it from their parked car.

The video was posted onto the internet where it went viral and has had more than one million hits on YouTube.

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Warning over Milford Haven Port profits

Milford Haven Port Authority says cargo traffic has been 'significantly lower' this year compared to last. It's expecting net profit before tax to be down 50% for the year to 31 December 2012 from the previous 12 months. It anticipates rising pension costs will mean profits fall again next year.

The authority says the fall in profit is a 'direct consequence of significantly lower volumes' of liquefied natural gas (LNG) entering the port, mainly due to high prices in Asia.

Milford Haven's port is the biggest in Wales, and the third biggest in the UK, handling over 71m gross tons of shipping. There are two LNG facilities there, meaning up to 30% of the UK's gas requirements are processed through the port.

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£500 donor: "I wanted to give something back"

A Milford Haven four-year-old, whose genetic condition means she'll never have hair, is being helped after money intended for a custom-made wig was stolen.

Brian Skuse saw Brooke Keesmaat's story on ITV Wales, and has donated £500 for a replacement.

"People in Pembrokeshire have been so nice and friendly" said Brian, who moved to the area a few years ago.

"I wanted to give something back to the community, and I thought this donation would be the rightful thing to do".

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