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

Contracts

Stoody Debuts Technical Services Hotline

Stoody, an ESAB brand, has recently launched the new Stoody Tech Services (STS) hotline to provide a valuable resource to distributors and applicators seeking

Totem Inks LNG Conversion Deal with Keppel

  Totem Ocean Trailer Express announced that it has signed a contract with Keppel Offshore & Marine Ltd, wholly owned subsidiary Keppel Shipyard Ltd for

ISS Announces CEO Transition

Captain Claus Hyldager yesterday decided to step down as the Chief Executive Officer of Inchcape Shipping Services (“ISS”).    The current Chief Financial Officer,

Ports

CMA CGM Vivaldi Docks at Halifax Port

The Port of Halifax, Nova Scotia, may be getting a new lease on life with the arrival on August 3 of the CMA CGM Vivaldi at Halterm International Container Terminal.

Seattle and Tacoma Ports Cement Alliance

The port commissions of Seattle and Tacoma voted unanimously to form the Northwest Seaport Alliance, unifying the longtime rivals’ marine cargo divisions.   The

China's Maritime Silk Road Gamble with ASEAN

The Chinese Foreign Minister Wang Yi said China hopes to connect its 21st-century Maritime Silk Road with the ASEAN Community, reports the state news agency Xinhua.

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators
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: 0.1046 sec (10 req/sec)