This year, the Port of Rotterdam Authority is investing € 370 million in the port. About half of this is going into infrastructure in the existing port area, whilst the other half is earmarked for Maasvlakte 2. Some hefty investments also need to be made for the medium and long term. Between now and 2020, the Port Authority expects to invest some € 4 billion. The Port Authority’s financial position is solid enough to cushion the downward trend in results in the first six months (- € 8 million) and to allow the continuation of this investment programme. The Port Authority can easily meet the criteria set by its external financiers.
The results for the Port of Rotterdam Authority were down on 2008 in the first six months of the year, by € 8 million to € 77 million. This represents a 9% fall. This can be explained mainly by the lower revenues from seaport dues (- € 9 million), due to a decline in cargo handling as a result of the economic crisis. At the same time, revenues from contracts increased, thanks largely to land allocations.
The Port Authority expects the second half of the year to present a similar financial picture to the first six months.
The results for the Port of Rotterdam Authority were down on 2008 in the first six months of the year, by € 8 million to € 77 million. This represents a 9% fall. This can be explained mainly by the lower revenues from seaport dues (- € 9 million), due to a decline in cargo handling as a result of the economic crisis. At the same time, revenues from contracts increased, thanks largely to land allocations.
The Port Authority expects the second half of the year to present a similar financial picture to the first six months.