The port of Milford Haven in the UK has reported an increase in both turnover and profit for FY2024.
Across FY2023, the port recorded its highest-ever revenue, with GBP41.3 million (USD56.12 million). For 2024, that figure sits at GBP43.2 million (USD58.7 million). Profit jumped up 65.9 percent year-on-year, from GBP4.1 million (USD5.57 million) in FY2023 to GBP6.8 million (USD9.24 million) in FY2024.
The port also completed the Pembroke Dock Marine project last year, which will serve the renewable energy sector. This, among other investments, is designed to enhance cargo handling performance at the port.
“Strategic investments in our core marine operations and our diversified business areas are delivering as anticipated and laying the groundwork to ensure maximum efficiency,” said ceo of the port of Milford Haven, Tom Sawyer. He added: “We are delighted that year two of our five-year strategy cycle is being felt positively by our customers and stakeholders.”
In September 2024, HLPFI reported that the port of Milford Haven had welcomed a marine support officer to Pembroke Port.