Sutton builds on its historic foundations

Article Abstract:

Sutton Harbour is the port operator for Plymouth, England, and was set up in 1847 by the British parliament to develop shipping quays and run a fish market. The company has undergone a revival in the 1990s including a flotation on the Alternative Investment Market. The company could develop its leisure, marina and tourist facilities, but this could make it less attractive to investors because reinvestment relief would be lost if rental income goes above a fifth of turnover.

Marine cargo handling, Sutton Harbour

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Mersey: a contender on the waterfront

Article Abstract:

Mersey Docks and Harbour acquired Medway Ports in Oct 1993 for 103.7 million pounds sterling. The deal was criticised because Medway could have been acquired much more cheaply earlier, but Medway has helped boost Mersey's profits. UK ports are benefiting from an increase in trade and Mersey would have seen an 18% rise in profit for 1st half 1995 were it no for a loss on a ferry operation. The ferry loss should drop as frequencies of sailing increase in 2nd half 1995.

Mersey Docks and Harbour Co.

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Rutland Trust: earnings ahoy

Article Abstract:

Rutland Trust is a UK company involved in financial services and ports. The company acquired Thamesport for 52.5 million pounds sterling. Thamesport is a modern port with two large shipping concerns, Hapag Lloyd and Evergreen, as clients. Interest payments have affected Thamesport's performance. Increased sales will have a major impact on results due to Thamesport's operational gearing. Rutland Trust shares are recommended as a long term investment in Oct 1995.

Rutland Trust PLC

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