Cargo & Investments Boost Belfast Harbour To Record Profits

26th June 2017

Credit: Belfast Harbour

#BelfastHarbour - Belfast Harbour’s latest annual report shows a record €36.6 million in profits, according to The Irish Times.

The 12% rise in operating profits in 2016 comes with a 7% increase in turnover within the same 12-month period to more than €66 million.

This boost to Belfast’s bank balance has been driven by an increase in cargo throughput to more than 23 million tonnes, and revenue from its significant property portfolio around Belfast Lough.

Landholding interests of the harbour company — whose CEO Roy Adair will step down next year — include George Best Belfast City Airport and the new Belfast Harbour Studio at Giant’s Park, which will host the shoot for new US sci-fi TV series Krypton this summer.

The Irish Times has much more on the story HERE.

Published in Ports & Shipping

Tagged under

Belfast Harbour

About The Author

MacDara Conroy

Email The Author

MacDara Conroy is a contributor covering all things on the water, from boating and wildlife to science and business

We've got a favour to ask

More people are reading Afloat.ie than ever thanks to the power of the internet but we're in stormy seas because advertising revenues across the media are falling fast. Unlike many news sites, we haven’t put up a paywall because we want to keep our marine journalism open.

Afloat.ie is Ireland's only full–time marine journalism team and it takes time, money and hard work to produce our content.

So you can see why we need to ask for your help.

If everyone chipped in, we can enhance our coverage and our future would be more secure. You can help us through a small donation. Thank you.