Tuesday , 14 August 2018
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Volumes and revenue up at Ashdod
The port managed growth among all cargo segments

Volumes and revenue up at Ashdod

Ashdod Port Company has reported a revenue increase of 4.3% over the first half of 2017, bolstered by container volume growth increase of 6.6%.

The company’s total revenue for the period came to 616m Israeli shekels (US$173m), compared with 591m Israeli shekels (US$166) in the equivalent period of 2016.

The port’s revenue increase comes as a result of the 6.6% increase in teu and the 8.3% growth in general cargo.

During the first half of the year 773,476 teu passed through the port while the total of general cargo volume was 1.09m tonnes.

Ashdod Port Company explained in a statement that the primary increase in cargo is a result of growth in the scope of containers, metal and mortar imports, as well as iron and scrap exports.

A total of 11.4m tonnes of cargo passed through Ashdod Port, an increase of 3.7% compared to the first half of last year.

The port also made a monthly record in June, handling a total of 141,000 teu.