Port of Rotterdam Sees Good Results

Friday, September 08, 2006
The Port of Rotterdam Authority has achieved good financial results in the first six months of the year. An increase in throughput, rises in port dues and higher income from the lease of port sites have resulted in higher turnover. In addition, there were a number of one-off items of income, bringing the net result to $106.3m. The most important one-off item of income was generated by the release of a provision of $24.3m that was made in 2004 in connection with legal proceedings with Barclays arising from the RDM affair. The proposal is to pay out this amount, including interest and less the legal costs involved, as an extra dividend to the Municipality of Rotterdam. Since the Port Authority was privatized in 2004, it has had to raise funds itself on the capital market to finance investments in port infrastructure, including Maasvlakte 2.

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Australia, Japan Partner for Hydrodynamics Research

Australia and Japan have signed a cooperative research arrangement on marine hydrodynamics, the Chief Defence Scientist, Dr Alex Zelinsky, announced today.   “This

Cathelco Supply Equipment for Keppel Projects in Singapore

Press release -Cathelco have won orders to supply equipment for two projects which are being undertaken by Keppel yards in Singapore. The first is to provide marine

Damen Crane Barge and Anti-Pollution Barge Delivered

Damen Shipyards Sharjah has delivered two barges, a Crane Barge 4920 and an Anti-Pollution Barge 2405, to BINCO, a contractor in the Middle East with over 30 years


ACS Calls Krishnapatnam Port

HYUNDAI MERCHANT MARINE (HMM), the Korean conglomerate operating its ASIA CHENNAI SERVICE (ACS) made an ad hoc call at Krishnapatnam Port on November 26, 2015.   ACS

Green Signal to New Access Channel to Port Said East

The construction of a wide access channel to Port Said East, as the side channel project, has officially received approval.   The head of the Suez Canal Authority (SCA),

Ship Spills Oil in Whangarei Harbour

A Hong Kong-registered ship, Ning Po, has leaked some fuel but it is unclear how much has been spilled or what the cause of the leak was, say local media reports.

Maritime Careers / Shipboard Positions Naval Architecture Navigation Offshore Oil Pipelines Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.0594 sec (17 req/sec)