The Port of Inverness continues to steer a steady course according to its latest annual report.
Turnover rose between October 2013 and March 2015 to £1.81 million with a surplus of £202,000. During this period the port handled a total of 898,321 tonnes of cargo.
Across the board revenues increased with timber imports rising sharply 28%, reflecting a welcome improvement in the overall economy. In addition, the import of carbon anodes also showed a significant increase, up by 17%. The port also continues to attract new customers and cargoes.
Sinclair Browne, Chief Executive of the Port of Inverness, said: “Over the reporting period our turnover rose considerably and the surplus represents a return of over 11%. Our operating costs were on a par with the previous 12 month period and the rigorous operational review we carried out in 2012 continues to bear fruit. Both our current and long term liabilities were reduced over the period.
“We have also continued to invest in our facilities to enable us to attract new customers and this has led to an increase in business from the wind energy sector due to our large lay down areas and storage sheds.
“We still have a long-term vision to develop the waterfront into a vibrant gateway to the city of Inverness and are currently assessing our plans for this area.“