Historically strong result for Port of Trelleborg in 2020

In 2020, Port of Trelleborg delivers a historically very good result of 50.1 million SEK after financial items. The stated strategy of increasing the level of earnings in relation to the major investments that Port of Trelleborg has made and will make over the next few years, has been successful, despite an ongoing corona pandemic. The port lost 17 percent of the volume in April 2020 due to the corona situation and took measures on the cost side, which the port managed to keep for the rest of the year, while the volume returned after midsummer.

Increased freight volumes
Port of Trelleborg´s development on the freight side has been fantastic in 2020. From week 26 to week 53, the volume has increased  11.1 percent compared to 2019. Summing up the whole of 2020, we have had a positive growth on the freight side with 1.7 percent higher volume compared to 2019, which means that Port of Trelleborg reached new record levels in 2020 with 773,000 trucks and trailers passing through the port. Port of Trelleborg thus secures its position as Scandinavia’s largest RoRo port as the port has 26 percent of the total RoRo market. 

– The reason for our increased freight volumes is primarily the growing need for fast transports, thanks to the sharp rise of e-commerce. At the same time, construction work is accelerating in the wake of the pandemic and a large part of the material comes from the continent, transported via Trelleborg. When a large part of Europe closed down border crossings on land, our import and export of goods going by sea could continue to operate, says Jörgen Nilsson, CEO, Port of Trelleborg.

The intermodal traffic has also had a very positive development and increased by 72 percent compared to 2019, which in real terms means that 27,000 trailers arrived or departed from Port of Trelleborg. From an environmental point of view, it is a step in the direction we want to go, aiming on being the climate-smartest port in the Baltic Sea.

Port of Trelleborg has had a very positive trend in the logistics business through new customers and a growing volume among the existing customer base. The port’s unique logistical location, with the possibility of combining the transport modes shipping, rail and road, is a success factor.

The number of passengers and passenger cars decreased for natural reasons during 2020 by 31.6 percent and 42.2 percent, respectively. On the positive side, we can see that the development during the latter part of 2020 has been on a par with the 2019 figures. This means that we have a good hope of being able to recover our volumes in these categories as well, provided that the corona situation is eased and restrictions are subsided.

– Our result for 2020 is of historical size and being able to achieve it is an achievement and an effect of the joint work we have done. The port’s employees, together with our shipping customers, have shown fantastic pride and willingness to keep the port and Sweden going during the ongoing corona pandemic, says Jörgen Nilsson.

Own financing
Port of Trelleborg is a business-driven company and makes all investments itself in the new port without financial support from the owner Municipality of Trelleborg. The financing is secured ahead, which means security regarding the planning and implementation of investments, while the company works hard with an even higher return on invested capital.

Development of the port
The expansion of the port follows the plan, which means that everything will be completed in 2025 when the Port of Trelleborg will make room for “Coastal City 2025”, which is an urban development project in the municipality of Trelleborg. The construction of ferry berths no. 13 and no. 14 is in the final phase. The work on ferry berths no. 11 and no. 12 as well as adaptation of ferry berth no. 10, which will be TT-Line’s new berth for their upcoming vessel “Green Ship”, is in full swing to be completed by the turn of the year 2021/2022. Construction of ferry berth no.7 is also underway and will be completed in 2021. The ferry berths no. 7, 13 and 14 are co-financed by the EU.


Picture: Carsten Watsack