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Annual Report

PRINCIPLE ACTIVITIES AND BUSINESS REVIEW

 

Trading to 31 October 2017 has shown another successful year for the port.  The increase to quotas effective from the beginning of 2017 has resulted in an increase to whitefish dues to the harbour. Quotas have been increased again for 2018, which is an encouraging sign for the future of the fishing industry. With the UK’s negotiations regarding the withdrawal from the European Union continuing, the port is still faced with unknowns as to the future impact the final outcome will have. As the financial year progresses we hope the outcomes of the negotiations become clearer allowing the port to react to the needs of the fishing and offshore industries.

The 2017 revenues have improved overall with increases across all harbour income streams. The main increases being attributed to whitefish dues. The board expect this trend to continue into 2018 due to the increased quotas. The Harbour Master is fulfilling his target set in the previous years’ notes of increasing commercial traffic to the port and we anticipate this will continue to improve again in the coming financial year.

Digitalisation of the port continues with the electronic auction at the forefront of this. 

The Harbour Commissioner targets for the coming period remain the same as the previous years with the implementation of the 5 year plan.  Talks continue to progress with the offshore renewable industry with a hope of bringing much needed diversity to the port and town and additional income to the harbour, allowing much needed investment into not only the port but the surrounding area.

The Commissioners of the port are committed to ensuring the harbour plays a significant role in the future of the fishing industry, offshore renewables, and the towns local economy.

Mr Michael Murray
Convenor