October 5, 2021
The Nassau Container Port at Arawak Cay.
Stories this photo appears in:
Port: Inflation’s worst over as profits 8% above target
Nassau’s main commercial shipping port yesterday said “the worst of the disruption” from COVID inflation and supply chain shocks is over with its $8.5m profit at end-March almost 8 percent ahead of target.
Arawak Cay port operator awaits Abaco bid outcome
Nassau’s commercial port operator is waiting to learn if its bid to take over Marsh Harbour’s main shipping gateway has been successful as it eyes wider Family Island expansion.
Arawak port beats Q1 profits target by 56%
Nassau’s main commercial shipping port is targeting an $808,000 year-over-year increase in net profits for its 2023 financial year after first quarter net income exceeded forecasts by some 56 percent.
Port: No tariff rises to aid inflation fight
Nassau’s major commercial shipping port has pledged it will not increase any tariffs despite growing fuel and energy cost pressures that threaten its profit targets for the 2022 financial year.
Port: No tariff increase as income jumps 48%
Nassau’s major commercial shipping port has no plans to increase tariffs “in the near term”, its top executive has affirmed, after operating income increased by $1m in its 2022 first quarter.
APD container volumes 1,100 below pre-COVID
New Providence’s commercial shipping industry has suffered “no significant” impact from global supply chain disruptions with container volumes up 11 percent for the two months to end-August.
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