Port Of Rotterdam Authority Reports Strong Investment And Growth In 2024

8

The Port of Rotterdam Authority’s 2024 annual report, “Navigating towards a Sustainable Future”, highlights an 11% increase in gross investments, reaching €320.6 million.

Key Investments in 2024

  • Container terminal expansion at Amaliahaven (€42.5 million).
  • Yangtze Canal widening (€22.5 million).
  • Porthos CO2 transport and storage system (€39.4 million in capital contributions).
  • Portlantis port experience centre, set to open on 22 March 2025.

Operational Developments

  • Commissioning of the Secure Chain system (1 April 2024) to enhance digital resilience.
  • Launch of a port consultation hour (16 October 2024) in collaboration with the Municipality of Rotterdam.

Trade and Financial Performance

  • Container throughput rose by 2.5% to 133.4 million tonnes (13.8 million TEUs).
  • Revenue growth of 4.8% to €882.0 million.
  • Operating expenses increased by €25.6 million to €318.5 million.
  • Net income surged by €40.2 million to €273.7 million.

Sustainability Goals

The Port of Rotterdam aims for climate neutrality by 2050, with Porthos expected to cut CO2 emissions by 2.5 million tonnes annually from 2026.

About Key Entities

  • Port of Rotterdam Authority: Manages Europe’s largest port, focusing on infrastructure and sustainability.
  • EBN (Energie Beheer Nederland): Dutch state-owned company based in Utrecht, active in energy transition projects.
  • Gasunie: Dutch energy infrastructure firm headquartered in Groningen, established in 2005.

This report underscores Rotterdam’s continued growth and commitment to sustainability, reinforcing its role as a leading European port.

Did you subscribe to our daily Newsletter?

It’s Free Click here to Subscribe!

Source: PORT NEWS