
Koper port publishes cargo traffic and revenues for 2020

Koper, Slovenia (PortSEurope) January 12, 2021 – Luka Koper, d.d., operator of Koper port, has published revenue details and cargo transhipment for the period January – December 2020. In 2020, according to unfinished and unaudited data, the port generated net revenues from sales of €206 million ($250.36 million), down 8% less than in the pre-pandemic year 2019. In the case of ship transhipment, 19.5 million
tons were transhipped in 2020, a reduction of 14%. The reason that revenues fell less than throughput is in better business in terms of additional services, container filling and emptying and in higher revenues from warehousing in certain segments. Despite the the Covid-19 coronavirus crisis, the throughput of the strategic container goods group remained stable. For liquid cargo, the impact of the pandemic was direct, as oil sales declined derivatives, especially in the aviation industry. The decline in car production affected the entire supply chain, which is evident in the transhipment of general cargo, especially for steel products, and at the terminal for bulk cargo. Part of the bulk cargo drop attributed to a general decrease in the use of thermal coal as a result of ever higher levy on greenhouse gas emissions. Starting in the second half of 2020, car transhippment showed more encouraging trends, mainly at the expense of car exports to the Far East, so it was the decline is much smaller than in other comparable European ports. Copyright (C) PortSEurope. All Rights Reserved. 2021.
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