Montrose Port riding crest of wave with results
Montrose Port Authority has posted record-breaking annual results after multi-million-pound investment in the Angusbased facility.
The support and service hub for the energy, agricultural and general cargo industries said it had handled a total of 3,169,158 gross tonnes of vessel during 2018 – a 37 per cent increase on 2017’s total.
The result reflects what the port described as a “seminal year”, which saw it receive major private and publicinvestmentamounting to £7.7 million, feeding into a quayside expansion project.
The move will allow for larger cargo vessels to dock in Montrose.
In addition, 2018 saw the port create an export facility to service GE company Baker Hughes’ Montrosebased subsea centre of excellence. In August, the port also welcomed its first cruise liner.
Chief executive Nik Scottgray said: “These recordbreaking figures are a true reflection of our strategic mindset, consistently flexible approach and willingness to diversify.”