Port of Rotterdam makes large investments
Solid financial position keeps Rotterdam in good shape Port of Rotterdam will realise more modernisation and expansion steps in 2009. The port’s financial position is solid and investments of EUR 370 million will be made this year, as the Port Authority announced in an interim report. According to the announcement about half of the budget is going into infrastructure in the existing port area, whilst the other half is earmarked for the construction of Maasvlakte 2. Due to the economic crisis the revenue generated from port dues between January and June 2009 were down on 2008 by 9 per cent to EUR 136 million. Total turnover slightly increased thanks to the good development in the contract segment to EUR 257 million. Operating results (EBIT) fell from EUR 110 million in 2008 to EUR 103 million. Net profit amounted to EUR 77 million – 9 per cent below last year’s level. Throughput statistics show 185.2 million tons of goods (minus 13.4%)in the first six months. Quelle: Österreichische Verkehrszeitung |