Rotterdam plans new port rail developments
The Port of Rotterdam increased profits by five per cent to 222 billion Euros in 2016, helped in part by the operation of a number of port rail services to and from the European hinterland and inter-terminal connections. Turnover remained stable at 674 billion Euros, says the port’s operating authority.
Operating costs fell by 4.5 per cent to 227.9 billion Euros, due mainly to a fall in costs related to the port’s operational management and the release of several cash reserves.
The port says that in the coming years, its investment portfolio will be filled with projects, and key among these will be the diversion of approximately four kilometres of port rail infrastructure along Theemsweg. This is a public infrastructure project to which, it adds, the port authority will contribute almost 100 million Euros.
It says that in competing ports in other countries, this type of project is paid for by the Government, and it was ‘particularly unfortunate’ that the European Commission had decided the port authority was obliged to pay corporation tax as of January 1 this year. The authority has appealed this decision on the grounds that there should be a ‘level playing field’ within Europe.
Rail operator Distri Rail meanwhile is increasing the frequency of its Rotterdam-Duisburg shuttle to 18 times a week from March. It links all of Rotterdam’s major terminals with the European hinterland, namely the DIT Terminal Duisburg and key clients in the Rhine-Rhuhr areas.