Port of Rotterdam breaks records in 2018
The Port of Rotterdam Authority has booked a record year! Almost 470 million tonnes were shipped in 2018. The overhaul of crude oil decreased slightly, but this was compensated by the increased trade in liquefied gas and biomass.
The revenue of the port company declined last year, from 712 million euros in 2017 to 707 million euros in 2018. However, the profit grew by 7 million euros and came to 254 million euros last year. As a shareholder, the municipality of Rotterdam receives almost 70 million in dividends, the Dutch government receives 28 million.
“We are very satisfied with the 4.5% growth in the container sector, which strengthened our position as market leader, and we are also pleased with the 385 thousand jobs that the harbour is able to create, contributing almost 45 billion euros to the Dutch market economy”, says Allard Castelein, CEO of the Port of Rotterdam Authority.
In 2018 no less than 408 million euros were invested in the port, the highest amount since the construction of the Second Maasvlakte.
Most of the money was used for the improvement of the accessibility of the port of Rotterdam, such as the construction of the Container Exchange Route on the Maasvlakte, the Princess Amalia viaduct and the relocation of the Havenspoorlijn via the Thames route.
Container transshipment showed a strong increase in 2018. More than 8.5 million containers were transhipped, an increase of more than 400,000 compared to 2017. The port authority expects the transshipment volume to grow slightly in 2019, but expects the growth to be slightly less than in recent years.