 The Transport Act 1962 abolished the Commission and distributed its assets to five successor bodies, with the .nationalised British Transport Docks Board inheriting the dock undertakings, other than harbours used primarily by railway steamer services, including Port Talbot.The BTDB was among the first nationalised industries to be privatised by the Conservative government of Margaret Thatcher.However, further increases in the volume of goods handling were restricted by the docks inability to handle the new bulk carriers, with the old docks unable to accept a ship of greater than .