Montrose Port Authority riding crest of a wave

Montrose Port Authority has posted record-breaking annual results after multi-million-pound investment in the Angus-based facility.
CEO Nik Scott-Gray - 'willingness to diversify'. Picture: Paul ReidCEO Nik Scott-Gray - 'willingness to diversify'. Picture: Paul Reid
CEO Nik Scott-Gray - 'willingness to diversify'. Picture: Paul Reid

The support and service hub for the energy, agricultural and general cargo industries said it had handled a total of 3,169,158 gross tonnes of vessel during 2018 – a 37 per cent increase on 2017’s total.

The result reflects what the port described as a “seminal year”, which saw it receive major private and public investment amounting to £7.7 million, feeding into a quayside expansion project.

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The move will allow for larger cargo vessels to dock in Montrose.

In addition, 2018 saw the port create an export facility to service GE company Baker Hughes’ Montrose-based subsea centre of excellence. In August, the port also welcomed its first cruise liner.

Chief executive Nik Scott-Gray said: “These record-breaking figures are a true reflection of our strategic mindset, consistently flexible approach and willingness to diversify.

“Good growth within the oil and gas industry, as well as a steady performance from the general cargo market have consolidated our position as a key hub for both industries, and I am confident that our redevelopment plans can only strengthen that status.”

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