A NORTH-EAST port, which is creating about 300 jobs, says it expects to pick up more business after unveiling a £6m crane to increase loads.
Bosses say the crane will be operational in August, and could increase production by more than 25 per cent.
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Andrew Moffat, Port of Tyne chief executive, said it would further enhance the port's standing after last year increasing turnover to £63m and staying as the UK's largest car exporter.
The port is also developing its main Riverside Quay to store and transport the production a £180m project, which it says will create up to 300 North-East jobs and maintain 900 construction posts, and its logistics division handles major brands including Barbour, Ringtons, JML and Tetley.
Mr Moffat said: “The crane will improve productivity and put us in a much stronger position to gain new business and achieve growth.
“Last year, the Port of Tyne’s contribution to the North-East economy was valued at £0.5bn, supporting 10,000 jobs, and this major investment will further support new businesses importing and exporting in the manufacturing, retail and energy sectors.”