Feature, Freight News, Sea


Belfast profits leap ten per cent

[ June 30, 2026   //   ]

Belfast Harbour said its turnover reached £97.1m, up 10.2% on 2024 in its 2025 Annual Report. Underlying profit before tax was £44.4m, up 21.0%.

Capital expenditure totalled £39.4m, with a further £77.1m committed to future projects at year end.

As a Trust Port, Belfast Harbour is funded solely by the profits it makes and does not receive public funding. It invests all post-tax profits back into improvements to the port and estate. Over the past ten years, it has invested £426m in infrastructure and estate development, all funded from its operations.

At the beginning of 2025 Belfast Harbour launched its new five-year strategy Advance Regional Prosperity, which detailed a £313m self-funded programme of investment.

Last year saw Belfast Harbour break ground on D3, its new £90m deepwater quay, the largest single capital project in the port’s history. The port also secured a £100m agreement with JERA Nex bp to advance the UK and Ireland’s offshore wind transition.

Chair of Belfast Harbour Commissioners, Dr Theresa Donaldson, said: “As we look to the future, and the long-term plans laid out in our 2050 Masterplan, which was launched in May, we will continue to invest in securing the future of trade on this island, as well as creating vibrant places to live and work and achieving our Net Zero targets. Our plans are ambitious and they will only be possible with the reclassification of our accounting status as a Trust Port, so we can prudently borrow to fund large-scale projects. We’re pleased with the progress and support we have received with this process so far.”

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