Sluggish Activity at Beirut Port Reflected in Revenue

Published December 6th, 2000 - 02:00 GMT
Al Bawaba
Al Bawaba

Revenues of the Port of Beirut fell by about 10 percent between January and October this year compared to the same period last year, the Daily Star reported Wednesday. 

The fall in revenue ­ which includes Customs, port, and harbor charges ­ according to the paper was dropped to $908 million.  

A 26 percent fall in car imports was largely to blame for the decrease, it said, adding that just 17,600 new and used cars were imported through Beirut as the ports of Tripoli and Tire increased in importance for handling second-hand cars -- Albawaba.com  

 

© 2000 Al Bawaba (www.albawaba.com)

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content