Bumper Increase in Shipping Volumes Through Angus PortNeil Hardie
Montrose Port Authority has announced a huge increase in the total tonnage of vessels through the Angus port last year.
The port handled a total of 3,169,158 gross tonnes of vessel during 2018 – a 37% increase on 2017’s total of 2,309,206 gross tonnes.
The results reflect a seminal year for the port, which invested £7.7 million in its quayside expansion project.
Part of the port’s wider infrastructure redevelopment masterplan, the project will allow for larger cargo vessels to dock in Montrose.
Montrose Port Authority chief executive Nik Scott-Gray, who will step down next month, said: “2018 was an extremely busy year for Montrose Port.
“These record-breaking figures are a true reflection of our strategic mindset, consistently flexible approach and willingness to diversify.
“Good growth within the oil and gas industry, as well as a steady performance from the general cargo market have consolidated our position as a key hub for both industries.
“I am confident that our redevelopment plans can only strengthen that status.”
In addition to the quayside improvement project, last year also saw Montrose Port Authority create an export facility expressly to service GE company Baker Hughes’ Montrose-based subsea centre of excellence, which represents a £31m investment in the town from the oil services giant.
Meanwhile, the Angus port welcomes its first cruise liner in August.