Amsterdam Port Revenue Grows in 2017
Havenbedrijf Amsterdam N.V. realised revenue of EUR 150.1 million, compared to EUR 146.3 million in 2016. The operating result increased from EUR 73.3 million in 2016 to EUR 74.3 million in 2017. These and other key figures are stated in the annual report published. Koen Overtoom, CEO of Port of Amsterdam: "Record transshipment of 81.3 million tonnes in 2017 contributed to our good operating result of more than 74 million euros. 2017 also saw the arrival of a number of fantastic businesses in the Port, such as Bio Energy Netherlands and Chaincraft, which are contributing to the achievement of our strategy and Vision2030. We have also expressed an ambition to prepare for being a coal-free port in 2030.
Dutch "Disappointed" with EU Port Tax Edict
The Dutch Finance Ministry said on Thursday it was "disappointed" with an EU Commission order to do away with corporate tax exemptions for six ports, including Rotterdam, Europe's largest. The measure puts the Netherlands at a disadvantage, the government said in a statement, calling on the Commission to ensure fair competition. European Union regulators told Dutch authorities on Thursday to scrap a corporate tax exemption for the ports and also ordered Belgium and France to align their port taxation systems with the bloc's state aid rules. "The Commission's decisions today regarding the Netherlands, Belgium and France make clear that if port operators generate profits from economic activities these should be taxed," European Competition Commissioner Margrethe Vestager said.
