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Port of Aberdeen sees turnover rise

16 May 2022

The Port of Aberdeen’s turnover rose 1.5% to £33.5mn in 2021 as its £400mn South Harbour expansion project continued. Operating profit was up almost 3% on the year, at £17.4mn, it said May 13.

There was a 2% drop in arrivals, mostly in the oil and gas supply vessel class. The Port is gearing up for operations at the expansion project, with the first commercial vessels expected this summer, before operations begin in earnest in October.

Chairman Alistair Mackenzie said: “The progress at our South Harbour expansion site has been remarkable. The site looks different every time I visit, which is down to the unwavering commitment from all those working on the project. I would like to thank our team and contractors for their constant hard work.”

Aberdeen Harbour’s rebrand to Port of Aberdeen marks a new chapter in the port’s almost 900-year history.

Following a strategic review, the company’s new goal is to become Scotland’s premier net zero port, offering world class facilities and services, at the heart of the nation’s energy transition efforts.

CEO Bob Sanguinetti said: “Green Freeport status for North East Scotland will transform the region and deliver unmatched value for Scotland. A successful bid would accelerate new, sustainable energy and innovation, deliver a managed and Just Transition that leads the nation to Net Zero and, most importantly, create high-skilled, green jobs across a diverse range of industries.”

For more information, please see here. And for an interview with the Port’s business manager, please see OEUK’s magazine Wireline #52

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