Port of Rotterdam to Intensify Development

August 23, 2012

Port of Rotterdam Authority wants to intensify investment programme for Port Vision 2030 in light of increased financial returns.

In the first half year, the Port of Rotterdam Authority result increased by €21 million to €119 million (22%), compared with 2011. The growth is a result of increased returns, while costs remained stable.

The returns from the letting of industrial areas increased by €12 million (9%) through new area distribution, especially on Maasvlakte 2, and price adjustments. Sea port dues increased in line with throughput, by €4 million (3%).

This has led the Port Authority to consider which projects can be implemented earlier, focusing mainly on projects in the areas of accessibility, environment and living climate, innovation and the connection between city and port.

In the first half year, the Port Authority invested 27% more than in the first half of 2011 (€237 million as opposed to €186 million). The expectation is that investments this year will run to some €500 million, almost the same amount as in 2011. With this the Port Authority is investing in a healthy future for the port and in further strengthening of the Dutch economy.

In general, businesses in the port have started to value the Port Authority more. In the bi-annual customer satisfaction survey, customers gave the Port Authority a 7.4 (was 7.0).

 

Logistics News

Hormuz Traffic Slows as Uncertainty Persists

Hormuz Traffic Slows as Uncertainty Persists

Portchain and X-Press Feeders Partner on Efficiency

Portchain and X-Press Feeders Partner on Efficiency

Iraq to Export Crude via Multiple Outlets

Iraq to Export Crude via Multiple Outlets

Data Center Projects Boost Port of Los Angeles July Volumes

Data Center Projects Boost Port of Los Angeles July Volumes

Subscribe for Maritime Logistics Professional E‑News

Mexico races to remove record seaweed growth from Caribbean beaches
Xi calls on China to improve disaster prevention after floods and landslides hit the country
US puts pressure on EU to "deliver" on non-tariff commitments