Free Porn
xbporn
17.2 C
Hamburg
Tuesday, September 10, 2024
Home Port News duisport Group reports significant increases in earnings amid slight container growth

duisport Group reports significant increases in earnings amid slight container growth

The duisport Group has announced that in the 2021 financial year the Port of Duisburg's container turnover rose slightly by 2% to around 4.3 million TEU.

At the same time, the ownership and management company of the German port reported that its sales in 2021 were increased by 18.9%, compared to the previous year's figure, reaching €346.8 million (US$365.9 million). As a result of the increased sales, duisport Group's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) improved to €54.6 million (US$57.6 million), and the annual net profit after tax grew by 33.1% to €18.9 million (US$19.9 million).

Markus Bangen, duisport Group CEO, commented, "The positive results in 2021 are the outcome of trusting teamwork, open dialog, and above all the outstanding commitment of all our colleagues at duisport. The entire Executive Board would like to thank them once again. After all, without their tireless efforts – whether it’s in the office, at home, at the terminals, or in our halls – we would not have been able to maintain our operations."

Meanwhile, during the last year, the Port of Duisburg handled a total of 58.2 million tons of goods by ship, rail and truck.





Latest Posts

US ports on digitalization track

Digital technologies have the potential to significantly transform how various components of maritime operations work together, from administrative and logistics functions to ship and...

CMA CGM alters EMED 2 service

CMA CGM's Short Sea Lines Division announced an upcoming change in its EMED 2 service, effective from Week 39 of 2024. Starting 24 September, the...

MSC vessels flock to India’s Vizhinjam hub amid evolving regional transshipment flows

India's new container transhipment hub at Vizhinjam is making rapid strides, with Mediterranean Shipping Co. (MSC) seen to be its most potential long-term liner...

CFL multimodal introduces new intra-Europe rail service

CFL multimodal announces the launch of its new intermodal connection between Luxemburg's Intermodal Terminal Bettembourg-Dudelange and Romania's Railport Arad in Curtici. With the first train...

ECT Rotterdam adopts shore power to cut CO2 emissions

Hutchison Ports ECT Rotterdam (ECT) will install shore power facilities at its container terminals in the coming years, following an agreement with Rotterdam Shore...