Archives



Feature, Freight News, Sea


Profitable year for Portsmouth

[ March 14, 2024   //   ]

Council-owned Portsmouth International Port made a profit of £8m in the 23/24 financial year. Results, published on 14 March, show that ferry passengers are bouncing back , with numbers reaching 95% of 2019 records but freight from the EU is 20% down in comparison to four years ago. Trade from the Channel Islands (which are outside the EU) has increased due to a third vessel from Condor Ferries. Profit from the port goes directly to the council and £8m will support local services for residents.

Tags: