The Port of Durres “Overcomes” Pandemic, volumes and revenues increase during 2021, January-December 2021

Processing of goods at the Port of Durres during 2021 has recognized significant growth, reaching almost the maximum utilization of the processing capacities, that this port provides in the current conditions, that of 5 million tons /year.

Referring to the official data from the Durres Port Authority, during the period January-December 2021 in the largest port in the country were processed 4,438,611 tons of goods, 9% more than in 2019, before the pandemic.

According to DPA statistical data, processing activity in four port terminals has increased comparatively with 2020, when anti-Covid restrictive measures were present, but also with the same period of 2019 and 2018, which respectively resulted in an annual financial statement of 3,881,976 tons in (2020), 4,072,543 tons in (2019) and 3,614,606 tons in (2018).

The growth of trade volumes is reflected in the increase of the DPA’s revenues, which for the year 2021 have reached 2,794,828,618 ALL or 48% more than 2019 and 12% more than in 2020.

While pre-tax profit has increased by 26.55%, compared to 2020 the Finance Division confirms the increase in revenues per square meter with 434 ALL/ m2 more, highlighting the well-management of port areas.

Effective management of revenues, liquidity and services are some of the indicators that have influenced this financial performance of one of the largest state-owned companies in the country. The Division of Finance and Administration at the Durres Port Authority announces that among the main factors that have influenced this economic-financial performance are:

– Tariff policies adapted to the regional and European market;

– Good administration of services in the Container Terminal;

– Liquidity management and rigorous management of debtors by ensuring an increase in revenue collection;

– Reducing the level of losses for water and energy expenditures for entities operating in the territory of DPA;

– Good administration of revenues versus expenditures in ALL and foreign currency.