Port of Aberdeen reported strong results for 2024, reinforcing its role as a catalyst for sustainable economic growth and a key driver of energy transition, it said May 15.
It was its first full year of operations since opening the £420mn Aberdeen South Harbour and it said strong revenue performance and careful cost management drove revenue growth.
Turnover rose by 11.5%, vessel arrivals rose 2.6%, vessel and cargo tonnage rose 4.3% and ferry passenger numbers rose 2.8%, Scope 1 and 2 emissions, a metric for decarbonisation, were down, and Scope 3 emissions will drop from Q2.
CEO Bob Sanguinetti said the success was due to meticulous planning and commitment but warned of uncertainty ahead unless there was political support. Oil and gas activity accounts for two thirds of its revenue and the Energy Profit Levy has slashed the sector’s investment plans.
URL: Scotland’s Largest Berthage Port – Port of Aberdeen
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