04
Developing
economic value
.
The Port of Barcelona's core activity is goods traffic, passenger transport and the logistics that this generates. The growth and development of the organisations that are part of it depend on its dynamism.
The Port of Barcelona is one of the main drivers of economic development in Catalonia and Spain and specialises in high-value goods. In 2019 the Port channelled 74% of the maritime external trade of Catalonia and 25% of the total for Spain.
million EUR (-0.6%)
%
bulk and general cargo
%
containers (TEU)
%
bulk and general cargo
%
containers (TEU)
As the main import and export region of Spain, one of the characteristics of the Catalan external trade sector is its high degree of diversification, which covers a wide range of productive sectors.
The main economic sectors comprising Catalan external maritime trade and their business and industrial fabric use the Port of Barcelona principally to channel their trade flows, which helps to improve their competitiveness as they pass through an infrastructure adapted to the needs and the provision of efficient services.
Goods transported by sector (in tonnes), 2019
The areas with the highest growth this year, also in relation to absolute values, were West Africa, Canada and the Great Lakes and the Caribbean.
Traffic by geographical areas (in tonnes) 2018-2019
2019 was a year of consolidation for the Port of Barcelona, despite a series of uncertainties and disruptions that led overall to the slowdown in international trade.
.7
million tons of total traffic
million tonnes correspond to traffic in the hinterland
.3
million TEU
units (-4%)
.1
million tonnes of liquids in bulk (especially hydrocarbons)
.07
million tonnes of dry in bulk (-3.6%)
intermodal transport units (ITUs) (+0.5%)
Short Sea Shipping (ITUs) (+3.0%)
%
containers
.5%
vehicles
,572
total (+3%)
,644
regular ferry lines (+2.7%)
,918
cruise passengers (+3.1%) and 800 cruise ship
Barcelona Port Authority closed Financial Year 2019 with a net profit of €44.2 million (-18%), caused by the 22% fall in operating income, totalling €40.2 million. This result for the financial year is helped somewhat by the financial result, of around €4 million (+72%), the receipt of dividends worth €3.3 million, the lower financial burden and the positive variation in swaps.
Net turnover for 2019 was €172.4 million, down 1% year on year. Income from port fees fell by the same proportion, while other business revenues are in line with the previous year. Our activity in 2019 was marked by the economic uncertainty caused by events such as the trade war between China and the United States, the global economic slowdown, the Brexit negotiations and the crisis in the automotive sector. 46% of 2019 revenues came from public domain concessions and are therefore not related directly to traffic fluctuations.
Earnings before interest, tax, depreciation and amortisation (EBITDA) totalled €101 million (-7%) and resources from operations generated operational cash flow of €97.2 million (-5%).
The Port Authority performed investments to the tune of €59.8 million, providing a surplus of €37.4 million in relation to the funds generated by operations. In 2019 there was a debt-to-equity ratio of 12%, the lowest percentage in the last 15 years.
This year the Port of Barcelona's contribution to Puertos del Estado was €12.5 million, up 1.5 million year on year, due to the creation of the new "Ports 4.0" Capital Fund.
Outturn for the fy (million EUR), 2019
Trend in turnover and traffic volume, 2010-2019
Net turnover (thousand EUR), 2019
EBITDA (thousand EUR), 2019
The Port of Barcelona committed a total investment of over €59.8 million in 2019, of which €54 million were in infrastructure.
Below are the most relevant works during this financial year:
AWARDED TO: COMSA
PERFORMANCE TIME: 16 months (completed)
BUDGET: €5,556,910.17
AWARDED TO: UTE SYNCROLIFT (DRAGADOS, SA.; CRC OBRAS Y SERVICIOS; CIOMAR, SL)
PERFORMANCE TIME: 32 months (completed)
BUDGET: €26,384,384.59
AWARDED TO: UTE CCV Terminal Prat (CONSTRUCTORA DE CALAF, S.A.U.; COYNSA 2000, S.L.; VOLTES, S.L.U.)
PERFORMANCE TIME: 10 months (completed)
BUDGET: €4,178,591.85
AWARDED TO: COPISA CONSTRUCTORA PIRENAICA, S.A.
PERFORMANCE TIME: 7 months (ongoing)
BUDGET: €1,811,359.82
AWARDED TO: UTE MUELLE ADOSADO (ACSA OBRAS E INFRAESTRUCTURAS, S.A.U.; JOCA INGENIERÍA Y CONSTRUCCIONES, S.A.)
PERFORMANCE TIME: 5.5 months (ongoing)
BUDGET: €2,220,598.24
AWARDED TO: UTE MUELLE ADOSADO 3ª FASE (COPCISA CONSTRUCTORA PIRENAICA, S.A.; FCC CONSTRUCCIÓN, S.A.; SATO, S.A.)
PERFORMANCE TIME: 19 months (ongoing)
BUDGET: €26,140,754.92
AWARDED TO: CRC OBRAS Y SERVICIOS, S.L.
PERFORMANCE TIME: 13 months (ongoing)
BUDGET: €2,226,462.37
AWARDED TO: UTE MUELLE PRAT FASE III (ACSA OBRAS E INFRAESTRUCTURAS, S.A.U.; JOCA INGENIERÍA Y CONSTRUCCIONES, S.A.)
PERFORMANCE TIME: 8 months (ongoing)
INVESTMENT: €2,979,085.79
AWARDED TO: COMSA
PERFORMANCE TIME: 16 months (completed)
BUDGET: 5,556,910.17 €
AWARDED TO: UTE SYNCROLIFT (DRAGADOS, SA.; CRC OBRAS Y SERVICIOS; CIOMAR, SL)
PERFORMANCE TIME: 32 months (completed)
BUDGET: €26,384,384.59
AWARDED TO: UTE CCV Terminal Prat (CONSTRUCTORA DE CALAF, S.A.U.; COYNSA 2000, S.L.; VOLTES, S.L.U.)
PERFORMANCE TIME: 10 months (completed)
BUDGET: €4,178,591.85
AWARDED TO: COPISA CONSTRUCTORA PIRENAICA, S.A.
PERFORMANCE TIME: 7 months (ongoing)
BUDGET: €1,811,359.82
AWARDED TO: UTE MUELLE ADOSADO (ACSA OBRAS E INFRAESTRUCTURAS, S.A.U.; JOCA INGENIERÍA Y CONSTRUCCIONES, S.A.)
PERFORMANCE TIME: 5.5 months (ongoing)
BUDGET: €2,220,598.24
AWARDED TO: UTE MUELLE ADOSADO 3ª FASE (COPCISA CONSTRUCTORA PIRENAICA, S.A.; FCC CONSTRUCCIÓN, S.A.; SATO, S.A.)
PERFORMANCE TIME: 19 months (ongoing)
BUDGET: €26,140,754.92
AWARDED TO: CRC OBRAS Y SERVICIOS, S.L.
PERFORMANCE TIME: 13 months (ongoing)
BUDGET: €2,226,462.37
AWARDED TO: UTE MUELLE PRAT FASE III (ACSA OBRAS E INFRAESTRUCTURAS, S.A.U.; JOCA INGENIERÍA Y CONSTRUCCIONES, S.A.)
PERFORMANCE TIME: 8 months (ongoing)
INVESTMENT: €2,979,085.79
The Port of Barcelona continued to participate in various international projects that receive financial assistance from the European Union:
Period
Project
Action
Programme
2018-2020
Fostering the Motorway of the Sea between Barcelona and Civitavecchia by improving infrastructures: adapting the Contradic wharf to MoS traffic, strengthening the Contradic north alignment and extending the RO-Ro ramp, and adapting the Contradic rail terminal.
2016-2019
Reducing pollutant emissions caused by lorry transport to the Port and improving existing technology in dual fuel engines to help consolidate liquefied natural gas.
2016-2019
Adapting the Princep d'Espanya terminal and building a new rail link to improve the service and increase the transport of electric cars using the Motorways of the Sea.
2019-2023
Buiding a railway motorway connection between Barcelona and Paris suitable for transporting semi-trailers between both cities. Includes the development of two terminals, one in the Port of Barcelona (former Llobregat riverbed) and the other in Rungis.
2015-2019
Developing maritime traffic management services and the coordination processes between the control tower and technical-nautical services using information technology.
2014-2020
Rolling out use of liquefied natural gas (LNG) in maritime transport through a series of pilot actions, e.g.: adapting a barge to supply LNG to ships, adapting port machinery, and designing a tug powered by this fuel.
2014-2019
Adapting a ship from the Balearia company to use LNG as fuel in its auxiliary engines and connecting the vessel berth to the Port with the LNG supply.
