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The Warsaw Voice » Business » February 18, 2009
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Gdynia Seaport Figures Sink
February 18, 2009   
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51 million jobs could be lost worldwide by the end of this year because of the global economic crisis, according to the International Labor Organization.

The port of Gdynia in northern Poland handled 15.5 million metric tons of cargo last year, down from more than 17 million in 2007.

The port handled 610,500 twenty-foot equivalent units (TEU), down from 614,400 in 2007; some 86,800 freight units, down from nearly 94,000 in 2007; and 375,000 passengers, down from 430,000 in 2007.

"The decline is due to the slowdown in the world's economy," said Janusz Jarosiński, chairman of the Gdynia Port Authority.

Bulk cargo handling was down by 27 percent, oil and related products decreased by 36.9 percent, and general cargo nose-dived by 7.1 percent compared with 2007.

Revenue from port taxes and other services reached zl.146.7 million. Fewer incoming ships and the high price of the zloty resulted in a 6-percent drop in revenue from commercial activities, Jarosiński said.

The port spent a total of zl.131.8 million on investment projects in 2008, helped by European Union funding. These included work on infrastructure to access the eastern part of the port by road and rail; and the redevelopment of the port canal. At the same time, design work began to expand the infrastructure for handling roll-on/roll-off vessels; to build a logistics center; and to develop the so-called Bulgarian Quay. This year the port plans to invest more than zl.96 million in various projects.

The port expects its revenue from commercial activities to fall to around zl.125 million this year-due to decreased general cargo handling, not compensated by a predicted rise in bulk cargo, including coal and core.

Marek Grzybowski
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