Business Irish

Monday 20 November 2017

Belfast Harbour profits jump in 400th anniversary

Sarah McCabe

Sarah McCabe

PROFITS at Belfast Harbour jumped in 2012, a result of investment in deep-water facilities and new Stena ferries.

Revenues at the company, which is celebrating its 400th anniversary, were £39m in 2012, up 7pc from 2011. Operating profit was £18.4m, up 11pc. The company said trade grew by more than a tenth, primarily due to improved performance in its bulk and roll-on / roll-off business. 2012 was also the first full operating year for Stena Line's new Superfast ferries which the port says has improved the competitiveness of the Belfast – Cairnryan route.

Irish Independent

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