Port of Linz sees significant rise in sales in 2016

Low water levels of the Danube caused decline in the waterborne cargo transport; slight decline in container traffic

Port of Linz sees significant rise in sales in 2016

In the 2016 financial year (October 2015 to September 2016), Linz AG Logistik – comprising the business unit ‘port’ of Linz Service GmbH and Österreichische Donaulager GmbH – generated a turnover of EUR 40.6 million (+ 9.7% compared to 2015) and once again a positive result from ordinary activities in the amount of EUR 4.5 million.

The total operating performance of the port of Linz has slightly declined from 2.95 million tonnes in the 2015 financial year by 4.1 percent to 2.83 million tonnes in the 2016 financial year, which is mainly attributable to the significant declines in the throughput volume of waterborne transport due to the low water levels. In the 2016 financial year 735 ships called the ports of Linz AG (commercial port and tank port). Compared to 2015, this means a decrease of 37 ships or 4.8 percent.

The total volume of waterborne transhipment slumped by 13.4 percent compared to 2015, to 700,124 tonnes. While in the 2015 financial year the commercial port (incl. waterborne container transhipment) handled 419,106 tonnes, the 2016 financial year brought 451,291 tonnes of throughput and hence an increase of 7.7 percent.

However, mineral oil companies have further reduced waterborne transport in the 2016 financial year. As a result, the throughput volume in the tank port could not be maintained with 248,833 tonnes, compared to the 2015 fiscal year with 389,357 tonnes. The figure dropped significantly by 36.1 percent, which has led to an overall decline in the volume of waterborne transhipments.

Although in the general economic development has showed no general positive trend, the port of Linz achieved a reasonable throughput result in its Container Terminal business. With 223,935 TEU, the comparable figure for 2015 was missed by 4.23 percent. However, this figure represents nevertheless the third highest annual turnover in the company’s history.

For the 2017 financial year the port of Linz plans to invest around EUR 8.3 million. The plans for the implementation of the “Neuland” project continue to run at full speed. The preparatory work for the first part of the project, the renovation of the II/7 warehouse, have been completed and the construction work is already in full progress.

www.linzag.at

 

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