Tonnages and Turnover on the Up at Belfast Harbour
Rising tonnages have helped increase turnover at Belfast Harbour according to the Port’s 2010 Annual Report published today. Trade through Northern Ireland’s largest port has grown for the first time in three years, up 5.4% to 16.4m tonnes. This was reflected in an improved Turnover, up 5% to £34.7m. Profits Before Taxation stood at £17.4m.
The strong performance of Northern Ireland’s agri-food sector was the principal driver of increased activity with a record two million tonnes of grain and animal feed imported into Belfast. Imports of fertiliser products also jumped by 32%, reflecting major investments in recent years by the Harbour to establish Belfast as the island’s leading dry bulk port.
Freight vehicle traffic also increased by 2% to 313,000 vehicles carried, partly in response to the introduction of new, larger vessels on the Belfast – Heysham route.
Belfast Harbour Chairman, Len O’Hagan, said:
The report also noted that initial work had been completed on a marina at Abercorn Basin with plans now progressing for the development of a 250-berth full-service leisure facility.