Results Reveal Stong Year for Aberdeen Harbor

Posted by Michelle Howard
Wednesday, May 14, 2014

Aberdeen Harbor has reported its results for 2013, with vessel tonnage exceeding 28 million metric tons for the second year in succession, and nearly 4.9 million metric tons of cargo crossing the quayside.

Strong activity across the Harbor’s customer base was reflected in its financial results for the year, with turnover up 1.1% to £27.6 million (2012: £27.3 million), delivering pretax profits of £9.6 million.

The port has continued to be buoyed by high levels of activity from the region’s oil and gas industry and from its general cargo customers, and it experienced its busiest single week in September, when 690,907 metric tons of shipping entered the port.

Aberdeen Harbor Board chief executive, Colin Parker, said, “These results are a reflection of the strategic importance of the port to our many and varied customers, and emphasizes the important role the Harbor plays in the economy of the North East of Scotland.

Parker said that with the port operating at near capacity, it has become ever more apparent that additional facilities are required if Aberdeen Harbor is to continue to thrive. A recent independent report conducted by BiGGAR Economics, and commissioned by Scottish Enterprise, indicated that expanding the Harbor at Nigg Bay could be worth an extra £1 billion pounds per annum to the Scottish economy.

He added, “We have worked hard to modernize the port significantly and, in 2013, we completed the £33 Million redevelopment of Torry Quay. In light of the forecast for increased activity in years to come we need to look to other options if we are to continue to keep pace with demand. Activity levels in 2013 have strengthened our commitment to the Nigg Bay expansion concept and in 2014 we continue to work on finding the best way for this visionary project to be delivered.”

Highlighting Aberdeen Harbor’s importance as the main link to the Northern Isles, passenger numbers continue to increase, with well over 155,000 people passing through the Harbor over the period. The vast majority of these passengers were travelling on the Serco NorthLink ferry services to and from Orkney and Shetland. These services witnessed a five percent increase in passenger numbers compared to 2012. The Harbor also reported a record cruise season with 13 ships visiting the port during 2013.
 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Australian Defence Minister Says Would Not Trust Submarine Firm to Build Canoe

Australia's defence minister has said he would not trust state-owned Australian Submarine Corp (ASC) "to build a canoe", fuelling expectations that most work in

Matson Raises Guam, Micronesia Rates

Matson, Inc., a U.S. carrier in the Pacific, announced today that Matson Navigation Company, Inc. will raise its rates for the company's Guam/Commonwealth of the

Norwegian Buys Ship from Princess Cruises

Norwegian Cruise Line Holdings Ltd. announces fleet expansion for Oceania Cruises in 2016; Sirena to join sister ships Insignia, Regatta and Nautica   Norwegian Cruise Line Holdings Ltd.

Ports

Vacant Pier to Help Ease Long Beach Congestion

Pier S temporary depot to relocate empty containers for next five months    The Port of Long Beach expects a “Temporary Empty Container Depot” planned for a vacant

Vietnam Warship Visits Underscore Regional Tension

Vietnam on Tuesday showed off its two most powerful warships in the first-ever port call to the Philippines but an official said it was not trying to challenge

Vacant Pier at Long Beach Port to Ease Congestion

The Port of Long Beach expects a “Temporary Empty Container Depot” planned for a vacant pier on Terminal Island to be open and operating in December, which will

Finance

Matson Raises Guam, Micronesia Rates

Matson, Inc., a U.S. carrier in the Pacific, announced today that Matson Navigation Company, Inc. will raise its rates for the company's Guam/Commonwealth of the

Shipbuilding Regulations: Cents and Sensibility

Addressing the Jones Act is just one aspect of an increasingly complicated boatbuilding environment. Stovepiped, poorly conceived regulations is another. The sting of the recession is fading,

Ship Broker Clarkson Looks to Acquire Platou

Top ship broker Clarkson is seeking to acquire Norwegian brokerage and investment bank RS Platou for 281.2 million pounds ($441 million) in a deal that would create

News

US House to Hold Hearing on Oil Export Ban

A House of Representatives panel will hold a hearing on Dec. 11 to explore whether a decades-old law that prohibits the export of crude oil makes sense in an era of domestic energy abundance.

Bollinger Delivers 11th FRC to the US Coast Guard

Bollinger Shipyards, Inc. has delivered the William Trump, the 11th Fast Response Cutter (FRC) to the United States Coast Guard.   The announcement was made by Bollinger Chief Operating Officer,

Australian Defence Minister Says Would Not Trust Submarine Firm to Build Canoe

Australia's defence minister has said he would not trust state-owned Australian Submarine Corp (ASC) "to build a canoe", fuelling expectations that most work in

Vessels

Bollinger Delivers 11th FRC to the US Coast Guard

Bollinger Shipyards, Inc. has delivered the William Trump, the 11th Fast Response Cutter (FRC) to the United States Coast Guard.   The announcement was made by Bollinger Chief Operating Officer,

Newport News Lays Keel for Virginia-Class Sub

Newport News Shipbuilding, a division of Huntington Ingalls Industries (HII), hosted a keel-laying ceremony Saturday for the future USS Washington (SSN 787), a

World’s Largest Containership First Tested at MARIN

MARIN was delighted to take part in a truly historic milestone in the industry when Daewoo Shipbuilding and Marine Engineering (DSME) asked MARIN to investigate

Logistics

Matson Raises Guam, Micronesia Rates

Matson, Inc., a U.S. carrier in the Pacific, announced today that Matson Navigation Company, Inc. will raise its rates for the company's Guam/Commonwealth of the

Vacant Pier to Help Ease Long Beach Congestion

Pier S temporary depot to relocate empty containers for next five months    The Port of Long Beach expects a “Temporary Empty Container Depot” planned for a vacant

Russian Liftings for Western Options at 12-Year Low

By Gleb Gorodyankin MOSCOW, Nov 25 (Reuters) - Exports of Russian crude oil to Western markets are set to fall by almost a third in December and reach a 12-year

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.4534 sec (2 req/sec)