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Associated British Ports Holdings Ltd owns and operates 21 ports in the United Kingdom. As such, it manages around 25 per cent of the UK's sea borne trade. The company's activities cover transport, haulage and terminal operations, ship's agency, dredging and marine consultancy.

Contents

History

The British Transport Docks Board (BTDB) was formed in 1962 as a government-owned body to manage various ports throughout Great Britain formerly owned by the rail industry. In 1981, the Conservative government of Margaret Thatcher implemented the Transport Act 1981, which provided for the BTDB's privatisation. Because of BTDB's statutory powers as a harbour operator, a straightforward conversion to limited company status was impractical. Instead, BTDB was renamed as Associated British Ports (ABP) and a limited company, Associated British Ports Holdings Ltd, was created, with the same powers in law over ABP as a holding company has over a subsidiary.

In 1983 the British Government allowed the company to become a public limited company quoted on the London Stock Exchange. The company was taken over by a consortium of companies in 2006 and, in August of that year, the company was de-listed from the London Stock Exchange.

The lead shareholder now is Goldman Sachs.

Ports

ABPH manages the following ports:

See also

External links

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