Incorporated on 23rd July 1860.
A very short 1¼ mile line and docks to the north of the town, connecting with the Milford Railway. The line was opened in 1882 after an extension of time to complete the work. It was leased to its builders Messrs. Samuel Lake, who later sub-leased it to the Milford Haven Railway and Estate Company, thus extending the route of the Great Western.

Capital £140,000 in shares of £10 each, loans of £46,000.