Aberdeen expansion progress

Turnover was up 1.5% to £33.5 million in 2021, with an operating profit of £17.4 million compared to £16.9 million the previous year. Vessel visits declined 2% at 6,000, mainly in the smaller tonnage classifications, particularly oil and gas supply vessels.

Construction at Aberdeen South Harbour continued at pace with the first commercial vessels expected this summer as a ‘soft start’ prior to operations commencing in October.

“The progress at our South Harbour expansion site has been remarkable,” said chair, Alistair Mackenzie. “The site looks different every time I visit, which is down to the unwavering commitment from all those working on the project.”

Aberdeen Harbour’s rebrand to Port of Aberdeen marks a new chapter in the port’s almost 900-year history. The port’s vision over the next five to ten years is to become Scotland’s leading net zero port, and it is also at the heart of the Aberdeen City and Peterhead Green Freeport bid which will deliver new opportunities and regional transformation.

“The city is perfectly located to be Europe’s energy transition capital, and our £400 million expansion project will be at the heart of the development of high potential sectors, including offshore wind and green hydrogen,” said chief executive, Bob Sanguinetti.